21st May 2024
EP Report

State Minister for Power, Energy and Mineral Resources Nasrul Hamid on May 6 said that Bangladesh has immense potential for investment in the power and energy sector.


“The use of technology has been increasing. Overall we are moving towards automation, which created investment opportunities and around $50-$60 billion will be required in the technology sector in the next 5 years,” he told this while, Singapore's non-resident High Commissioner to Bangladesh Derek Loh paid a courtesy call on him at his secretariat office.


They discussed on nuclear power, wind power, solar power, clean power, price of solar power, smart grid, data center, LPG and LNG terminal, storage system, refinery, automation, electricity import and export.


Singapore's non-resident High Commissioner Derek Loh expressed his keen interest in the renewable energy sector of Bangladesh. He discussed about modern technology.


During the discussion, Sheela Pillai, Charge d'Affaires, Singapore High Commission in Dhaka, among others, was present.

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