DHAKA, Feb 13, 2022 (BSS) - State Minister for Power, Energy and Mineral Resources Nasrul Hamid has said the use of modern technology in the power sector is a must for ensuring uninterrupted power supply.
"The power sector is constantly growing up and importance of using developed technology in the power sector management is increasing day by day," he said this while addressing a function of technical assistance (TA) agreement signing ceremony between Power Cell and US Trade and Development Agency (USTDA) in power sector's reforms and incorporation of smart grids into electrical grids as the chief guest virtually on February 9.
Nasrul said the smart road map will identify the challenges of the Bangladesh's power sector and make the best use of resources and accelerate development of the power sector in the short, medium and long term.
"Exchange of knowledge and ideas in the United States will open up new horizons and make our grid more reliable and resilient," he expected.
The state minister said the USTDA will provide $14,90,800 as grants for the purpose of providing TA to implement smart grid roadmap, high level regulatory control and institutional review, existing infrastructure, place and resource assessment, environmental and social impact assessment, stakeholder engagement and capacity building and risk analysis.
The TA will also work with financial and economic capacity, which will implement Boston Consulting Group, as it was selected for the task.
Power Division Secretary Habibur Rahman, Power Cell Director General Engineer Mohammad Hossain, Chargé d'Affaires of US Embassy in Dhaka Helen LaFave, Boston Consulting group's global chairman Hans Paul Burkner, Senior Partner of Boston Consulting Group Zarif Munir and USTDA Director Vinai Thummalapally spoke on the occasion.