Analysis the Role of Private Entities in the Energy Sector of Bangladesh

Mahadehe Hassan

doi:doi:10.11648/j.jeece.20210603.15

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Analysis the Role of Private Entities in the Energy Sector of Bangladesh

Mahadehe Hassan

Published in Journal of Energy, Environmental & Chemical Engineering (Volume 6, Issue 3)

Received: 15 August 2021 Accepted: 27 August 2021 Published: 4 September 2021

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Abstract

In the context of globalization and open market economy, there is no alternative to the discovery of energy and mineral resources of Bangladesh and its proper management and planned use. Besides, Bangladesh is committed to the implementation of the Sustainable Development Goals (SDGs) 2030 announced by the United Nations and the government is setting the targets for the implementation of the SDGs in the light of the 8th Five-Year Plan. That is why uninterrupted fuel supply is required. The present government has identified the energy sector as a priority sector, realizing the necessity of energy sector development. The role of private companies is essential to meet the country's growing energy demands as well as to move from a mid-income country to a developed country. Therefore, this study analyzes the role of private entities in the energy sector of Bangladesh The research focuses on the following points: (i) Economic rebound through Covid-19 scenario in Bangladesh; (ii) Contribution of private entities to the energy sector of Bangladesh (iii) Challenges faced by private entities in energy sector of Bangladesh (iv) Prospects of private entities in energy sector of Bangladesh (v) private entities to enhance energy security.

Published in	Journal of Energy, Environmental & Chemical Engineering (Volume 6, Issue 3)
DOI	10.11648/j.jeece.20210603.15
Page(s)	76-87
Creative Commons	This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.
Copyright	Copyright © The Author(s), 2021. Published by Science Publishing Group

Keywords

Energy, Electricity, Role of Private Entities, Economic Growth

References

[1]	Updated Asian Development Outlook (ADO) (September 2020), Asian Development Bank.
[2]	Asian Development Outlook (April 2020), What drives innovation in Asia, Asian Development Bank.
[3]	World Economic Outlook (2020], International Monitoring Fund (IMF).
[4]	National Accounts Statistics Provisional Estimate of GDP 2020-2021 and Final Estimate of GDP 2019-2020; Retrieved from http://www.bbs.gov.bd/site/page/dc2bc6ce-7080-48b3-9a04-73cec782d0df /GDP.
[5]	Annual Report on Export Promotion Bureau (2017-2018) Ministry of commerce, Bangladesh, Retrieved from http://epb.gov.bd/site/view/epb_export_data/-.
[6]	Power System Master Plan (2016), Bangladesh Power Development Board, Power Division, Ministry of Power, Energy and Mineral Resources, Bangladesh.
[7]	Imam Badrul. "Energy Resources of Bangladesh" 2nd Edition, 2013.
[8]	Gustavson Associates, LLC, (2010), Updated Bangladesh Gas Reserve Estimation, 328-329.
[9]	Monthly Report on Gas and Coal production (2021) Hydrocarbon Unit, Energy and Mineral Resources Division, Ministry of Power, Energy and Mineral Resources, Bangladesh, 1-2.
[10]	Annual Report on Bangladesh Power Development Board, (2020) Power Division, Ministry of Power, Energy and Mineral Resources, Bangladesh.
[11]	Raut, Nirmal Kumar (2020), A Review of the Economic Impacts of the COVID-19 Pandemic and Economic Policies in Nepal of Retrieved from https://mpra.ub.uni-muenchen.de/102778/.
[12]	Monthly Report on MIS Petrobangla, (2020 &2021) Energy and Mineral Resources Division, Ministry of Power, Energy and Mineral Resources, Bangladesh.
[13]	Annual Report on Bangladesh Petroleum Corporation, (2020) Energy and Mineral Resources Division, Ministry of Power, Energy and Mineral Resources, Bangladesh.

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APA Style

Mahadehe Hassan. (2021). Analysis the Role of Private Entities in the Energy Sector of Bangladesh. Journal of Energy, Environmental & Chemical Engineering, 6(3), 76-87. https://doi.org/10.11648/j.jeece.20210603.15

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ACS Style

Mahadehe Hassan. Analysis the Role of Private Entities in the Energy Sector of Bangladesh. J. Energy Environ. Chem. Eng. 2021, 6(3), 76-87. doi: 10.11648/j.jeece.20210603.15

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AMA Style

Mahadehe Hassan. Analysis the Role of Private Entities in the Energy Sector of Bangladesh. J Energy Environ Chem Eng. 2021;6(3):76-87. doi: 10.11648/j.jeece.20210603.15

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@article{10.11648/j.jeece.20210603.15,
  author = {Mahadehe Hassan},
  title = {Analysis the Role of Private Entities in the Energy Sector of Bangladesh},
  journal = {Journal of Energy, Environmental & Chemical Engineering},
  volume = {6},
  number = {3},
  pages = {76-87},
  doi = {10.11648/j.jeece.20210603.15},
  url = {https://doi.org/10.11648/j.jeece.20210603.15},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jeece.20210603.15},
  abstract = {In the context of globalization and open market economy, there is no alternative to the discovery of energy and mineral resources of Bangladesh and its proper management and planned use. Besides, Bangladesh is committed to the implementation of the Sustainable Development Goals (SDGs) 2030 announced by the United Nations and the government is setting the targets for the implementation of the SDGs in the light of the 8th Five-Year Plan. That is why uninterrupted fuel supply is required. The present government has identified the energy sector as a priority sector, realizing the necessity of energy sector development. The role of private companies is essential to meet the country's growing energy demands as well as to move from a mid-income country to a developed country. Therefore, this study analyzes the role of private entities in the energy sector of Bangladesh The research focuses on the following points: (i) Economic rebound through Covid-19 scenario in Bangladesh; (ii) Contribution of private entities to the energy sector of Bangladesh (iii) Challenges faced by private entities in energy sector of Bangladesh (iv) Prospects of private entities in energy sector of Bangladesh (v) private entities to enhance energy security.},
 year = {2021}
}

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TY  - JOUR
T1  - Analysis the Role of Private Entities in the Energy Sector of Bangladesh
AU  - Mahadehe Hassan
Y1  - 2021/09/04
PY  - 2021
N1  - https://doi.org/10.11648/j.jeece.20210603.15
DO  - 10.11648/j.jeece.20210603.15
T2  - Journal of Energy, Environmental & Chemical Engineering
JF  - Journal of Energy, Environmental & Chemical Engineering
JO  - Journal of Energy, Environmental & Chemical Engineering
SP  - 76
EP  - 87
PB  - Science Publishing Group
SN  - 2637-434X
UR  - https://doi.org/10.11648/j.jeece.20210603.15
AB  - In the context of globalization and open market economy, there is no alternative to the discovery of energy and mineral resources of Bangladesh and its proper management and planned use. Besides, Bangladesh is committed to the implementation of the Sustainable Development Goals (SDGs) 2030 announced by the United Nations and the government is setting the targets for the implementation of the SDGs in the light of the 8th Five-Year Plan. That is why uninterrupted fuel supply is required. The present government has identified the energy sector as a priority sector, realizing the necessity of energy sector development. The role of private companies is essential to meet the country's growing energy demands as well as to move from a mid-income country to a developed country. Therefore, this study analyzes the role of private entities in the energy sector of Bangladesh The research focuses on the following points: (i) Economic rebound through Covid-19 scenario in Bangladesh; (ii) Contribution of private entities to the energy sector of Bangladesh (iii) Challenges faced by private entities in energy sector of Bangladesh (iv) Prospects of private entities in energy sector of Bangladesh (v) private entities to enhance energy security.
VL  - 6
IS  - 3
ER  -

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Author Information

Mahadehe Hassan

Hydrocarbon Unit (HCU), Energy and Mineral Resources Division, Ministry of Power, Energy and Mineral Resources, Dhaka, Bangladesh

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APA Style

Mahadehe Hassan. (2021). Analysis the Role of Private Entities in the Energy Sector of Bangladesh. Journal of Energy, Environmental & Chemical Engineering, 6(3), 76-87. https://doi.org/10.11648/j.jeece.20210603.15

Copy | Download

ACS Style

Mahadehe Hassan. Analysis the Role of Private Entities in the Energy Sector of Bangladesh. J. Energy Environ. Chem. Eng. 2021, 6(3), 76-87. doi: 10.11648/j.jeece.20210603.15

Copy | Download

AMA Style

Mahadehe Hassan. Analysis the Role of Private Entities in the Energy Sector of Bangladesh. J Energy Environ Chem Eng. 2021;6(3):76-87. doi: 10.11648/j.jeece.20210603.15

Copy | Download

@article{10.11648/j.jeece.20210603.15,
  author = {Mahadehe Hassan},
  title = {Analysis the Role of Private Entities in the Energy Sector of Bangladesh},
  journal = {Journal of Energy, Environmental & Chemical Engineering},
  volume = {6},
  number = {3},
  pages = {76-87},
  doi = {10.11648/j.jeece.20210603.15},
  url = {https://doi.org/10.11648/j.jeece.20210603.15},
  eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jeece.20210603.15},
  abstract = {In the context of globalization and open market economy, there is no alternative to the discovery of energy and mineral resources of Bangladesh and its proper management and planned use. Besides, Bangladesh is committed to the implementation of the Sustainable Development Goals (SDGs) 2030 announced by the United Nations and the government is setting the targets for the implementation of the SDGs in the light of the 8th Five-Year Plan. That is why uninterrupted fuel supply is required. The present government has identified the energy sector as a priority sector, realizing the necessity of energy sector development. The role of private companies is essential to meet the country's growing energy demands as well as to move from a mid-income country to a developed country. Therefore, this study analyzes the role of private entities in the energy sector of Bangladesh The research focuses on the following points: (i) Economic rebound through Covid-19 scenario in Bangladesh; (ii) Contribution of private entities to the energy sector of Bangladesh (iii) Challenges faced by private entities in energy sector of Bangladesh (iv) Prospects of private entities in energy sector of Bangladesh (v) private entities to enhance energy security.},
 year = {2021}
}

Copy | Download

TY  - JOUR
T1  - Analysis the Role of Private Entities in the Energy Sector of Bangladesh
AU  - Mahadehe Hassan
Y1  - 2021/09/04
PY  - 2021
N1  - https://doi.org/10.11648/j.jeece.20210603.15
DO  - 10.11648/j.jeece.20210603.15
T2  - Journal of Energy, Environmental & Chemical Engineering
JF  - Journal of Energy, Environmental & Chemical Engineering
JO  - Journal of Energy, Environmental & Chemical Engineering
SP  - 76
EP  - 87
PB  - Science Publishing Group
SN  - 2637-434X
UR  - https://doi.org/10.11648/j.jeece.20210603.15
AB  - In the context of globalization and open market economy, there is no alternative to the discovery of energy and mineral resources of Bangladesh and its proper management and planned use. Besides, Bangladesh is committed to the implementation of the Sustainable Development Goals (SDGs) 2030 announced by the United Nations and the government is setting the targets for the implementation of the SDGs in the light of the 8th Five-Year Plan. That is why uninterrupted fuel supply is required. The present government has identified the energy sector as a priority sector, realizing the necessity of energy sector development. The role of private companies is essential to meet the country's growing energy demands as well as to move from a mid-income country to a developed country. Therefore, this study analyzes the role of private entities in the energy sector of Bangladesh The research focuses on the following points: (i) Economic rebound through Covid-19 scenario in Bangladesh; (ii) Contribution of private entities to the energy sector of Bangladesh (iii) Challenges faced by private entities in energy sector of Bangladesh (iv) Prospects of private entities in energy sector of Bangladesh (v) private entities to enhance energy security.
VL  - 6
IS  - 3
ER  -

Copy | Download