Literature Review on the Power Industry of Bangladesh

This paper investigates the role of the power industry in Bangladesh, focusing on the strengths, weaknesses, opportunities, and threats of the DPDC.

Keywords: power industry of Bangladesh DPDC strengths, weaknesses, opportunities, and threats future development of the power industry

The report is based on the analysis of the power industry of Bangladesh where the contribution of the power industry has been evaluated. Jamal and Ongsakul (2012) reviewed that the progress and prospect of power grid industry of Bangladesh is dependent on the distribution system. They also found a 30% rise in the electricity industry which is oil-based because a risk has been seen in the rise of price of fuel oil in the global market. Ahmed et al. (2019) described that Dhaka city has enough power of electricity but the authority should look for alternative sources as the population density is rising in the city. They analysed the importance of DPDC in providing enough electricity power in Dhaka city which is also capable of giving better customer service.

This paper on the industry analysis has tried to investigate the role of power industry in Bangladesh. This paper has given its main focus on the DPDC sector which s the largest power distribution company of Bangladesh. A SWOT analysis was conducted on the DPDC to show its strengths and weaknesses and opportunities of this firm and threats for the firm. Five forces model was also applied on DPDC where its buyer power and supplier’s power were analysed and its threats of substitutes and new competitors were identified (Jamal & Ongsakul, 2012). 

Gupta et al. (2012) wrote that Bangladesh is dependent on imported source of power due to its shortage of energy and Bangladesh has no alternative fuels or power source. By 2030, Bangladesh has to import 90% of gasoline to fulfil the needs of primary energy source which was estimated in their journal. Ahmed et al. (2019) also described that all individuals of Bangladesh has the right to use electricity. The journal of Ali, Islam and Rakibul (2018) reviewed that Bangladesh is insufficient in producing hydrocarbon and petrochemical which forced the government of Bangladesh to import gasoline, refinery oil and diesel from Western Asian countries. 

The study of Bakhtiar (2012) showed the strong side of this industry in Bangladesh. He over viewed that Bangladeshi government has proposed tax exemptions of 15 years for foreign investors and local investors to invest in the power industry. He analysed that investors can get a relief from tax customs for 12 years while importing machinery and equipment of power industry in Bangladesh. Jamal et al. (2014) investigated the importance of electricity for fulfilling the demand of other industries of Bangladesh. They studied that only 67% of people of Bangladesh can access to electricity where the government should expand the production of electricity.

Deeba, Shohana and Rahman (2013) tried to investigate the weakness of the power industry of Bangladesh in their journal on the impact of integrating tidal power generation on the reliability of Bangladesh. They analysed that natural gas, fossil fuels and coal are not sufficient in the nation to fulfil the demand of gas supply. The journal of Higano, Yabar and Kamrul (2012) found that SME business can’t invest in this sector as it requires large investment but international investors, joint ventures or capital investors can participate to invest in the power industry. They wrote a journal on socio management policy guidelines for financing in electric power industry of Bangladesh. Ahmed et al. (2019) found the political instability is the biggest weakness for the power industry as investors decline to invest at the last stage due to negative influence from politics. 

HIgano, Yabar and kamrul (2012) explained that Bangladesh has a small reserve of oil and coal which are not sufficient to run a big industry such as the power sector. Hosen and Islam (2019) reviewed a journal on the study and analysis of SRS under DPDC of Bangladesh where they investigated that the Bangladeshi government should build own plants of the power sector by collecting investments from local investors. Bacon and Jones (2021) found that the covid-19 pandemic has affected the financial performance of the power industry where bill collection, meter reading and bill distribution was not possible due to lockdown. Ahmed et al. (2019) described that the power industry of Bangladesh has taken a G2G project and it can reinforce the performance of DPDC infrastructure if the project is successful. 

Higano, Yabar and Kamrul (2012) suggested in their journal that all types of corruption should be stopped in this sector as the development of Bangladesh is dependent on the power industry. Bakhtiar (2012) provided recommendation that the government should develop the model of the electric power grid so that the distribution power of electricity can be optimised. He also evaluated that the government should also convince foreign and local investors of the industry that their investments would be utilised in the right way. 



References

• Ahmed, G., Asadulla, H., and Saha, P. (2019). Micro Wind Turbine as an Alternative Power Source in Bangladesh. International Conference on Sustainable Technologies for Industry 4.0 (STI) IEEE, 1-4.
• Ali, M., Islam, J., Rakibul, M. (2018). Analysis and Finding Problem Solar Rooftop System (SRS) Under Dhaka Power Distribution Company (DPDC) of Bangladesh.
• Bacon, R., and Jones, J. (2021). Global electric power reform, privatization, and liberalization of the electric power industry in developing countries. Annual review of energy and the environment, 26(1), 331–359.
• Bakhtiar, M. (2012). Industry analysis: power industry of Bangladesh.
• Deeba, P., Shohana, K., and Rahman, T. (2013). Impact of Integrating Tidal Power Generation on the Reliability of Bangladesh Power System. International Journal of Energy and Power, 2(2), 38–43.
• Gupta, P., Sabuj D., Ferdous, S., and Saleque, A. (2012). Bangladesh Power Sector Reform and Multidimensional Reflections. International Journal of Scientific & Engineering Research, 3(2), 77–104.
• Higano, Y., Yabar, H., and Kamrul, M. (2012). Introducing SocioEnvironmental Management Policy Guidelines for the Financing of Electric Power Projects in Bangladesh. In: Design for Innovative Value Towards a Sustainable Society. Springer, 936–941.
• Hosen, M., and Islam, M. (2018). Study and Analysis of Solar Rooftop System Under Dhaka Power Distribution Company (DPDC) of Bangladesh.
• Jamal, T., and Ongsakul, W. (2012). Smart Grid in Bangladesh power distribution system: Progress & prospects. In: 2012 Students Conference on Engineering and Systems. IEEE, 1–5.
• Jamal, T., Ongsakul, W., Lipu, M., Hossain, S., and Islam, M. (2014a). An Approach to Integrate Geographic Information Systems to the proposed Smart Grid for Dhaka, Bangladesh. International Journal of Scientific Engineering and Technology, 3(2), 124–129.