The 2,400 MW Rooppur Nuclear Power Plant (NPP) is expected to begin supplying electricity to the national grid by December 2025.
“The construction of the 2,400 MW Rooppur Nuclear Power Plant is progressing rapidly. We hope it will be possible to supply electricity from this plant to the national grid by December of this year,” said Finance Adviser Dr. Salehuddin Ahmed during his budget speech on Monday.
Additionally, he noted that a sub-regional cooperation agreement was signed with Nepal on October 3, 2024. Under this agreement, 40 MW of hydropower will be imported at an affordable price to help meet electricity demand during the summer months.
Dr. Ahmed also stated that the process of updating the Renewable Energy Policy 2008 is in its final stages. “It has been decided that 30 percent of the country’s total electricity will come from renewable sources by 2040. Moreover, an Integrated Power Sector Master Plan has already been prepared, setting a target of generating 3,400 MW of electricity from clean sources by 2028.”
To ensure greater transparency and accountability in the power sector, the Quick Enhancement of Electricity and Energy Supply (Special Provisions) Act, 2010 has been repealed. A national committee has been formed to review agreements previously executed under the Act and to make recommendations. In addition, a separate committee has been established to review and renegotiate the tariff structures of power purchase agreements.
As part of efforts to modernize the power distribution system, work is underway to place distribution lines and substations underground in metropolitan areas. This initiative aims to make the power distribution system more stable and efficient.