Failing to manage required investments, the Bangladesh's Power Division is now faced with serious problems in implementing its 13,000 MW power project, in the next three years. The state-owned power generation companies undertook 13 big power projects to produce 3,210 MW electricity, but most of these projects have been delayed due to the current crisis of funds. Besides, under a joint venture and private sector investment, the government also took up five larger power generation projects (totalling 3,700 MW electricity), but they are also facing an uncertain future.
According to the ministry of power, it needs US$17bn to implement the 13,000 MW power projects and 14 independent power plants have not been getting financing.
The struggling power generation schemes include Siddhirganj (450 MW), Bheramara (360 MW), Sikalbaha (225 MW), Bhola (225 MW) and Barapukuria (250 MW) plants.
Besides, the Sylhet (150 MW), Chandpur (150 MW), Sirajganj (150 MW) and Khulna (150 MW) plants had already missed their deadline for production.
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