Dhaka, Oct 31 (V7N)- Power, Energy, and Mineral Resources Adviser Muhammad Fouzul Kabir Khan has criticized the past government, led by Sheikh Hasina, for initiating high-cost, unplanned projects in the power and energy sectors that lacked adequate value for money. In a recent interview with UNB, he attributed these projects to irregularities and corruption within the sector, resulting in significant financial losses.
Fouzul, also advising the Ministry of Road, Transport, and Bridges, pointed to the approval of numerous private power plants intended to benefit specific groups, leading to unnecessary public spending. He highlighted that buying electricity at inflated rates has strained power companies financially, particularly affecting their capacity to pay gas suppliers in dollars.
Amidst rising tariffs impacting consumers, Fouzul announced the formation of an independent probe led by a judge to address corruption. He detailed steps taken to dismantle rackets within the sector and restructure power companies. Fouzul noted that the ongoing Matarbari Power Plant project requires complementary projects like deep-sea ports, economic zones, and improved railways to maximize its benefits.
He outlined recent reforms, including suspending a special 2010 law, amending the BERC Act, reducing fuel costs, and removing several ministry-appointed company chairmen. Fouzul emphasized zero tolerance for corruption, vowing to enforce fair project tenders and eliminate unauthorized connections.
Fouzul added that the government plans to drill 50 wells by 2025 to enhance domestic gas production, with ongoing collaborations to ease gas shortages. He reiterated that all efforts will adhere to strict timelines and budget limitations, emphasizing the importance of public involvement in reporting sector mismanagement.
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