Bangladesh Charts $180 Billion Path to Energy Security

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Researched by Industrial Info Resources (Sugar Land, Texas)--Bangladesh has unveiled the comprehensive $180 billion Energy and Power Master Plan for 2026-2050, aimed at strengthening energy security, supporting economic growth, and reducing emissions. The plan allocates approximately US$80 billion to the energy sector and US$105 billion to the power sector, reflecting a large-scale investment push.

Electricity demand is projected to increase from around 17 gigawatts (GW) currently to 59 GW by 2050, indicating a fourfold rise that will require significant capacity additions and infrastructure expansion. Early priorities include boosting domestic gas production, securing liquefied natural gas supplies, and expanding refinery capacity to reduce reliance on volatile imports.

The plan places strong emphasis on renewable energy, targeting a 30%-50% share in the power mix by 2050 compared to less than 2% at present. Solar and wind are expected to lead this transition, with large-scale solar projects planned from 2026 and wind development accelerating after 2033. The roadmap also includes major grid upgrades such as a 765-kilovolt transmission backbone, smart grid integration and automated system operations. In line with this strategy, the Bangladesh Power Development Board has signed power purchase agreements for seven grid-connected solar projects totaling 523 megawatts across Chittagong, Bogra, Nilphamari and Noakhali, marking a concrete step toward scaling renewable capacity.

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