Bangladesh’s current masterplan to increase power-generating capacity, that accommodates increasing dependence on expensive, imported coal and LNG, puts it on course for even deeper financial stress emanating from the power sector and percolating through the entire economy, similar to the strains already being felt amid the Covid-19 pandemic in some other countries as well.

In the post Covid-19 era, renewable energy could be the best suitable option for Bangladesh to reset its power sector development policy to come out of the obligation for capacity payment to idle power plants, says a recent study.