Providing subsidy to power sector won’t be possible always: PM | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Friday
June 13, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
FRIDAY, JUNE 13, 2025
Providing subsidy to power sector won’t be possible always: PM

Energy

UNB
27 August, 2020, 12:20 pm
Last modified: 27 August, 2020, 01:53 pm

Related News

  • India's $80 billion coal-power boom is running short of water
  • Brains without borders: How Bangladesh’s youth are shaping soft power diplomacy
  • Adani finally agrees to sit over power purchase disputes
  • ACC seeks info on all power plant contracts signed over past 15 years
  • Adani fully restores power supply to Bangladesh as payments resume

Providing subsidy to power sector won’t be possible always: PM

It’s not always possible to give subsidy… everybody should keep it in mind, she said

UNB
27 August, 2020, 12:20 pm
Last modified: 27 August, 2020, 01:53 pm
Prime Minister Sheikh Hasina. Photo: PMO
Prime Minister Sheikh Hasina. Photo: PMO

Urging all to maintain austerity in electricity use, Prime Minister Sheikh Hasina on Thursday said it will not be possible to always provide subsidy for power generation.

"It's not always possible to give subsidy… everybody should keep it in mind," she said.

The Prime Minister said this while inaugurating two power generation stations, 11 grid subcenter, six transmission lines and 100 percent electrification activities in 31 upazilas under 18 districts across the country virtually from her official residence Ganobhaban.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

Sheikh Hasina said the actual cost of power generation is much higher than the price per unit at the consumer level.

She mentioned that the government is still giving subsidy to provide power at a lower price to the consumer level. "We're giving electricity connections to consumers at a lower rate compared to the production cost."

The Prime Minister urged all to maintain austerity in using power because the government is giving a huge subsidy to this power sector.

She said the government has taken massive programmes for the development of the country so that people could attain their economic solvency. "The more people will attain their economic solvency, the more they'll be able to give the price that we're spending (for power generation)."

Hasina mentioned that the government has to create that capability for people. "That's why we're providing these facilities for people."

Currently, she said, 97 percent people are now under the electricity coverage with the capacity of 23,548 MW while the government has set a target to raise the coverage to 100 percent by 2021.

"We've taken a plan to produce 24,000 MW by 2021, 40,000 MW by 2030 and 60,000 MW by 2041," Hasina said.

The Prime Minister said the government is setting up 100 economic zones across the county where there will be industrialisation and employment generation for which more electricity will be needed.

She said the more people will "use Digital Bangladesh", the more electricity the country will require.

"…we want to ensure economic development of the whole country; we want to ensure development of rural areas; we want to provide all urban facilities to rural areas," she said.

Recalling the negligence of the BNP-Jamaat government towards Tungipara (Gopalganj), the birthplace of Father of the nation Bangabandhu Sheikh Mujibur Rahman, she said the present government never neglects any specific area in the process of development.

Of the two newly-built power generation stations, one is in Bogra, Hasina said.

Talking about the August-15, 1975 massacre, she said the whole nation had lost its future hope and desire with this massacre.

The Prime Minister said the government is working to materialise the desire, ideals, aims of the Father of the Nation to Liberate the country. "Our aim is to fulfil the Father of the Nation's dreams, reach the goals, put a smile on people's faces and give them a better life," she said.

State Minister for Power and Mineral Resources Nasrul Hamid along with his officials were connected from his Ministry while a cross-section of beneficiaries from five districts also virtually connected with this programme.

The Prime Minister talked to some of the beneficiaries through the videoconference.

Bangladesh / Top News

PM Sheikh Hasina / power / power plants / power coverage

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Israel strikes Iran nuclear facilities, missile factories
    Israel strikes Iran nuclear facilities, missile factories
  • Chief Adviser Muhammad Yunus speaks at the second round dialogue of the National Consensus Commission with political parties in Dhaka on 2 June 2025. Photo: CA Press Wing
    'People see government as the enemy': CA Yunus during interview with The Guardian
  • Infographics: TBS
    Lengthy legal road ahead to repatriate Saifuzzaman's wealth from UK

MOST VIEWED

  • Wreckage of a Boeing 787 Dreamliner showing part of its registration "VT-ANB" in Ahmedabad, India, June 12, 2025. REUTERS/Amit Dave
    Air India Dreamliner crashes into Ahmedabad college hostel, kills over 290
  • File Photo of Chief Adviser Muhammad Yunus: UNB
    Prof Yunus to receive Harmony Award from King Charles today
  • Bangladesh Bank Governor Ahsan H Mansur. TBS Sketch
    Bangladesh mulls settlements with tycoons over offshore wealth: BB governor tells FT
  • Railway seeks Tk2,000cr foreign loans to revive coach assembly, modernise workshops
    Railway seeks Tk2,000cr foreign loans to revive coach assembly, modernise workshops
  • UK Prime Minister Keir Starmer, Chief Adviser Muhammad Yunus
    Disclosure of unconfirmed Yunus-Starmer meeting shows ‘diplomatic imprudence’: Analysts
  • Brother sues Latifur's daughter, widow over alleged forgery to seize control of Transcom
    Brother sues Latifur's daughter, widow over alleged forgery to seize control of Transcom

Related News

  • India's $80 billion coal-power boom is running short of water
  • Brains without borders: How Bangladesh’s youth are shaping soft power diplomacy
  • Adani finally agrees to sit over power purchase disputes
  • ACC seeks info on all power plant contracts signed over past 15 years
  • Adani fully restores power supply to Bangladesh as payments resume

Features

Among pet birds in the country, lovebirds are the most common, and they are also the most numerous in the haat. Photo: Junayet Rashel

Where feathers meet fortune: How a small pigeon stall became Dhaka’s premiere bird market

1d | Panorama
Illustration: Duniya Jahan/ TBS

Forget Katy Perry, here’s Bangladesh’s Ruthba Yasmin shooting for the moon

2d | Features
File photo of Eid holidaymakers returning to the capital from their country homes/Rajib Dhar

Dhaka: The city we never want to return to, but always do

3d | Features
Photo collage shows political posters in Bagerhat. Photos: Jannatul Naym Pieal

From Sheikh Dynasty to sibling rivalry: Bagerhat signals a turning tide in local politics

5d | Bangladesh

More Videos from TBS

Banks' estimates were wrong: Bangladesh Bank spokesperson

Banks' estimates were wrong: Bangladesh Bank spokesperson

13h | Podcast
What exactly happened to the ill-fated Boeing aircraft?

What exactly happened to the ill-fated Boeing aircraft?

14h | TBS World
Govt to set up Debt Office as loan burden to hit Tk29 lakh cr by FY28

Govt to set up Debt Office as loan burden to hit Tk29 lakh cr by FY28

14h | TBS Insight
Curfew imposed for second night in Los Angeles

Curfew imposed for second night in Los Angeles

15h | TBS World
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net