The National Energy Policy of the Government of Bangladesh was adopted in 1995 for the overall development of the Energy Sector.
The main objectives of the NEP are: to provide energy for sustainable economic growth, to meet the energy needs of the country, to develop the indigenous energy sources, to ensure sustainable use of energy sources, to develop energy sector without causing damage to environment and to promote public and private sector energy development simultaneously.
National Energy Policy listed the energy sources, present energy status, status of energy consumption by type of available energy sources and consumption strategy. The policy also analyses the supply and demand sides of energy of the country. The recommended energy policy for Non-renewable energy includes assessment of Indigenous Resources, supply and augmentation of Indigenous Resources, reduction of imbalance in energy consumption by Urban-Rural and East-West Zones basis, fuel mix, allocation of non-renewable energy sources for power generation, fertilizer production, industry, commercial and domestic purposes by percentage. The NEP has also developed pricing policy as overall policy and specific policy. It also keeps provision for energy audit. The policy recommends system loss reduction, Environment Impact Assessment, energy stocks, investment and lending terms. The NEP also stressed on human resource development side by side. The National Energy Policy also formulated separate Petroleum Policy, Oil Refining Policy and Lubricating Oil Policy. The NEP also formulated a separate policy for renewable and Rural Energy similar to that of the Non-renewable energy. The most important of them is the power policy. The policy took into consideration the issues like demand forecast, long term planning and project implementation, investment and lending term, power supply to the West Zone, power supply to isolated and remote load centres, captive and stand-by generation, system loss reduction, load management and conservation, reliability of supply, system stability, load dispatching and most importantly, private sector participation. The National Power Policy also recommends a separate and clear policy for Rural Electrification. Side by all these action plans, the NEP takes into active consideration the role of environment and recommends steps for protecting the deterioration of environment.
For details, users are advised to refer to ‘NATIONAL ENERGY POLICY’ published by the Ministry of Energy and Mineral Resources, GOB
Source: Bangladesh Bureau of Statistics.