Plans to generate 94,000 MW power by 2041

Aiming to produce around 94,000 MW of electricity by 2041, the government is formulating the Power System Master Plan (PSMP), which is almost similar to PSMP-2016.
Although the Power Division is yet to give a specific name to the master plan, but assessed the supply and demand scenario of electricity by 2041 and discuss various options of electricity production by this time with the hope that it could be able to produce around 98,000 MW of electricity against the projected demand of 94,000 MW.
"As per plan it air-marked three major energy hubs-Moheshkhali---Matarbari and Payra for the location where 15,000 MW, 7,000 MW and 7,000 MW electricity would be generated respectively. Moreover, we will also go for expansion of the existing power plants across the country," a senior official of the power division told the Daily Observer on Sunday.
"We sat together to discuss the issue. Out of that envisaged amount, around 43 per cent would be generated from gas and LNG, 30 per cent would came from coal and the remaining 28 per cent from regional connectivity, renewable and nuclear energy, as chalked out in the PSMP," he added.
Prime Minister's Energy Adviser Dr Tawfiq-e-Elahi Chowdhury, Power Division secretary, Petrobangla chairman and senior officials of the Power and Energy Division were present.
In the PSMP, the government is trying to focus on energy balance, power balance and tariff strategies following Bangladesh`s aspiration to become a high-income country.
"The government is implementing the costly power plant projects to make the country highly dependent on import-based power generation so we need to be ready to give high tariff for electricity in near future," the official said.
Officials also put emphasis on future necessity of power, fuel, transmission of generated power and efficient use, developing able human resources, mode of renewable energy production and financing by 2041 for the sector.
"The master plan which is exclusively dependent on hazardous coal and costly liquid natural  gas (LNG) fired power generation," he added.
The basic policy is, for the purpose of supplying high-quality and reliable electric power to all the people within a payable price by 2020. --- To maintain domestic primary energy supply over 50 per cent by 2021-2041.
The meeting also focused on efficient use and management of power, to develop technology through research work.