A delegation from China Exim Bank, led by its President Wang Chunying, met with Minister for Power, Energy and Mineral Resources Iqbal Hassan Mahmood at the Bangladesh Secretariat on Thursday to discuss financing for key power sector projects and transmission network upgrades.
The meeting was attended by Invest Bangladesh Chairman Ashik Chowdhury, Power Division Secretary Mirana Mahrukh, Bangladesh Power Development Board (BPDB) Chairman Engr. Md. Rezaul Karim, alongside senior officials of the Power Division, according to ministry sources.
Discussions focused on advancing bilateral economic cooperation and expediting financing for critical infrastructure, including the Payra Thermal Power Plant expansion, the Power Grid Network Strengthening Project (G2G), and the Expansion and Strengthening of Power Network under DPDC Area (G2G) Project. Future financing mechanisms for upcoming energy projects were also emphasized.
Highlighting stable power and energy as the cornerstone of national development, Minister Iqbal Hassan Mahmood requested China Exim Bank to fast-track funding approvals for the Payra expansion, the modernization of DPDC transmission lines, and the construction of smart grids and advanced control systems.
Pointing to Bangladesh's clean energy transition under the Renewable Energy Policy 2026, the Power Minister urged the Bank to accelerate future financing for modernizing national grid control systems to support smart grid capabilities. He also extended an invitation to President Wang to visit Bank-financed project sites across Bangladesh.
Reaffirming the Bank's commitment to Bangladesh's infrastructure development, Ms. Wang praised recent investment-friendly tariff and duty reductions enacted by the National Board of Revenue (NBR) for green energy. She expressed China Exim Bank's strong interest in providing both financing and technical expertise for ground-mounted solar, floating solar, wind, and waste-to-energy projects.
Both sides agreed to streamline institutional responses to expedite financing clearances for G2G grid strengthening and DPDC network expansion initiatives, pledging close collaboration to stabilize and modernize Bangladesh's power sector.