What is the future of India-Bangladesh energy cooperation?

Quick Summary:

Bangladesh’s interim government remains dependent on India as a dollar crisis limits its ability to generate its own electricity.

Beyond electricity imports, the two countries have been building their shared production capacity with the 1,320-MW coal-powered Rampal power plant in south-western Bangladesh, an equal joint venture.

He agrees with Hossain that future energy cooperation needs to move away from fossil fuel-generated power.“We should aggressively endeavour to develop the renewable energy sector,” Kabir says.“We should target to generate at least 50 per cent from renewable energy sources by 2050.

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Author / Journalist: Kamran Reza Chowdhury

Category: EconomyBusiness

Markets: SingaporeBangladeshBhutanChinaIndiaMaliNepalUkraine

Topics: Fossil fuels Power plants Gas Textiles Inequality Energy transition Jobs Trade UN Coal Women Bilateralism Energy security Oil Legislation Economy Livelihoods Factories Hydropower Electrification Electricity Energy International cooperation

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-30 @ 03:30:00 (4 days ago)

News Timezone: GMT +8:00

News Source URL: eco-business.com

Language: English

Article Length: 1557 words

Reading Time: 9 minutes read

Sentences: 54 lines

Sentence Length: 29 words per sentence (average)

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Copyright Owner: © Eco-Business

News ID: 23369478

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