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Govt striving to ensure uninterrupted gas for all industries: Nasrul

BTJ Desk Report
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Govt striving to ensure uninterrupted gas for all industries: Nasrul

State Minister for Power, Energy, and Mineral Resources Nasrul Hamid said that the government is striving to ensure uninterrupted gas for all industries as the country is going ahead to be a trillion-dollar economy by the year 2040.

Due to unplanned industrialization, it becomes difficult for the government to provide gas to all industries, he said.

Nasrul also requested the industry owners to shift their industries in the Economic Zones to avail quality uninterrupted gas supply.

The State Minister was speaking at a Stakeholders’ Dialogue as the chief guest titled “Energy Strategy: Towards a Predictable Future” organized by DCCI today held at its auditorium.

Regarding the pricing of power and energy, Nasrul reiterated that gas prices would be adjusted depending on international market prices since the government is planning to reduce its subsidy, especially in this sector.

“A Pricing Policy is being prepared,” he said, adding that there is a need to go for exploration, but it will take time and requires huge investment.

“Government will be strict and show zero tolerance to the unlawful gas users,” he said requesting the industry owners to use energy efficiently.

Former FBCCI President and lawmaker Md Shafiul Islam (Mohiuddin) suggested that businessmen be resilient.

“The private sector is one of the integral parts of the stakeholder of this sector for which the policy has to be coordinated and consistent. We need employment and for employment generation, we need industrialization, and for industrialization, we need uninterrupted power and energy supply. One is dependent on others,” he mentioned.

Regarding inflation, Shafiul said that the whole world is suffering from inflation and Bangladesh is not an exception. He urged good governance and efficient use of energy for sustainability.

DCCI President Barrister Md Sameer Sattar, in his introductory remarks, said taking into account the importance of a smooth graduation-led transition of Bangladesh amidst the volatile geo-economic climate, the government needs to prioritize energy security strategy as energy is imperative to sustain the growth momentum.

He suggested investment in primary energy sourcing to enhance the gas supply for a stable energy supply. He also said that fuel and production efficiency in State-owned power plants need to be ensured.

In the panel discussion session, Faisal Karim Khan, director of Summit Power, requested for unified taxation system for importing power plant-related machinery.

Editor of Power and Energy Mollah Amzad Hossain, Ahsan Khan Chowdhury, chairman and CEO of PRAN RFL Group, President of FICCI Naser Ezaz Bijoy, Dr Badrul Imam, professor of Department of Geology at Dhaka University (DU), BGMEA President Faruque Hassan also spoke at the event.

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