The Bangladesh Power Development Board (BPDB) has projected a staggering loss of Tk 44,167.04 crore for the fiscal year 2024–25, mainly due to high-cost electricity purchases from Independent Power Producers (IPPs) and power imports from India, which are sold at subsidized rates to consumers.
This projected loss is Tk 3,894.04 crore higher than the loss recorded in FY 2023–24, according to official data.
To cushion the impact, the Ministry of Finance has disbursed Tk 21,301.77 crore to BPDB up to May 2025. However, BPDB still owes Tk 22,865.27 crore to IPPs and for power imports accumulated between December 2024 and May 2025.
In May 2025 alone, BPDB incurred a loss of Tk 3,668.10 crore. Of this amount, Tk 3,568.85 crore was due to electricity purchases from IPPs and small IPPs (SIPPs), Tk 4.47 crore from rental power plants, and Tk 94.78 crore from imported electricity—reflecting the mismatch between purchase and selling prices.
To address the losses for May, the Power Division has requested an additional Tk 3,287.89 crore from the Finance Division.
In a letter on July 7, 2025, the Power Division emphasised that payments to IPPs and for imported electricity are critical to ensuring uninterrupted power supply across the country.
The Power Division, however, has formed a committee to prepare a three-year roadmap aimed at reducing losses and significantly lowering subsidies.