State Minister for Power, Energy and Mineral Resources Nasrul Hamid has said that a sustainable implementation plan is necessary to ensure energy security.

“The demand for energy is increasing day by day. So, you have to make a prompt multidimensional decision to address the needs”, he told officials of the Energy and Mineral Resources Division on Thursday at an exchange of views meeting.

The meeting was organised to mark the occasion of ranking third position in the implementation of the Annual Performance Agreement (APA) in the financial year 2022-23.

Nasrul Hamid said the more the annual performance issues can be put into practice, the more the quality of work will increase.

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He noted that the cost of funds will increase in future due to Bangladesh's transition from less developed to developing country. But that will not matter for good projects.

He urged the officials to cope up with the new challenges with the changing size and pattern of the economy. It is desirable for everyone to have a common understanding of technology in the future.

It should be noted that among the 52 ministries and divisions in the implementation of APA, the Energy and Mineral Resources Division ranked third with 99.43 marks out of 100.

In the financial year 2021-22 it was ranked 7th. The Energy and Mineral Resources Division ranked third in 2017-18 and 2018-19 financial years as well.

The Energy and Mineral Resources Division has implemented the Annual Development Programme (ADP) by 103.04% in FY 2022-23, 103.52% in FY 2021-22 and 104.27% in FY 2021-21.

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With Energy and Mineral Resources Division secretary Md. Nurul Alam in the chair, the meeting was addressed, among others, by BPC Chairman ABM Azad, Petrobangla Chairman Janendra Nath Sarkar while other officials of Energy and Mineral Resources Division were present in the event.