Enlightening Bangladesh: Navigating power sector challenges through PPP excellence

Mengzhong Zhang, Rumana Shahid

Article ID: 2529
Vol 8, Issue 3, 2024

VIEWS - 54 (Abstract) 39 (PDF)

Abstract


As Bangladesh faces its current energy crisis, public-private partnerships (PPPs) emerge as a promising solution, bridging the strengths of both sectors toward a brighter, more electrified future. This research focuses on the challenges in Bangladesh’s power sector: increasing electricity demand and the imperative for a consistent supply of renewable energy sources. The research employs content analysis, exploring various aspects, including policy documents, regulatory frameworks, stakeholder engagements, and resource assessments, with a specific focus on three key variables: regulatory framework, stakeholder engagement, and informed policymaking. Drawing on the ‘resource-based view’ theory, the study emphasizes the significance of ‘mitigating resource risks’ through ‘resource assessment.’ Empirical support is derived from an extensive review of literature in reputable journals and research articles, enhancing the research’s credibility with real-world evidence. The study provides a practical roadmap for stakeholders navigating Bangladesh’s power sector, addressing energy challenges, and promoting sustainability.


Keywords


power sector; public-private partnership; challenges; navigation; Bangladesh

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DOI: https://doi.org/10.24294/jipd.v8i3.2529

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