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The newly-elected Bangladesh government will continue to give priority to ensure “reliable and affordable” electricity for all in the country.

“We have achieved 94 per cent accessibility, so now reliable and affordable power will be our main priority in the next five years,” State Minister for Power, Energy and Mineral Resources Nasrul Hamid said while exchanging New Year greetings with reporters at his ministry.

The state minister said the government will also conduct multi-client survey to know the availability of the mineral resources as the government’s emphasis is on the efficient use of natural resources. He said the power and energy related technology is undergoing transformation globally and that the country is keeping a view on it. “The power and energy sector needs around USD 40 billion investment,” the minister elaborated.

“We have found some loopholes in carrying out development activities and we have reviewed our power sector master plan. We have achieved tremendous success during previous tenure,” Nasrul said. “Now it is necessary to bring energy and power pricing at affordable level.”

He also noted positively that the Indian government has relaxed its terms to supply power to Bangladesh.