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Bangladesh
/ Mineral Resources
The
responsibility of electricity generation, transmission and distribution
in the Country lies with the Power Development Board (PDB ), Rural
Electrification Board (REB ), and the Dhaka Electric Supply Authority
(DESA). During 1997-98, the installed generation capacity Of Electricity
in the country was 3091 Megawatt. But due to aging of many power
plants obsolescence of some and shortages in gas supply, the real
electricity generation capacity has come down to 2350—2400 Megawatt.
As some power plants are under BMRE, the average power generation
is currently about 1900 Megawatt. The share of gas hydro and liquid-based
fuel for electricity generation is 84.5%, 6.1% and 9.4% respectively.
The peak demand is about 2300 MW which will jump to around 3150
MW by the year 2000 A.D. The government has amended the Industrial
Policy and adopted the Private Sector Power Generation Policy
in order to open up the power sector to private investments.
Natural
Gas is Bangladesh’s most important source of commercial energy.
It meets 70% of the country’s commercial energy requirement. Other
sources of primary energy are imported petroleum products and
coal.
The
construction work of Barapukuria Coal Mine project has been started
in 1994. It has a proven reserve of 303 million metric tons and
is expected to he commissioned in 2000-2001. The Madhyapara Hard
Rock project is expected to produce 1.65 million tons of hard
rock annually after its commissioning in the year 2000.
The
Government has invited foreign investments to expedite exploration,
production and development of natural gas and petroleum. Incentives
for foreign investors have been offered in the National Petroleum
Policy adopted recently. Some multinational companies have already
started work in different exploration blocks of the country after
signing production sharing contracts with the Government.
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