Dhaka:A delegation from China Exim Bank, led by its President Ms. Wang Chunying, met with Iqbal Hassan Mahmood, Bangladesh's Minister for Power, Energy and Mineral Resources, to discuss advancing bilateral relations and economic cooperation in the power sector.
According to Bangladesh Sangbad Sangstha, the meeting included key figures such as Ashik Chowdhury, Chairman of Invest Bangladesh Authority; Mirana Mahrukh, Secretary of the Power Division; Engr. Md. Rezaul Karim, Chairman of the Bangladesh Power Development Board, and other senior officials. Discussions focused on financing projects like the Payra Thermal Power Plant Project, Power Grid Network Strengthening Project (G2G), and the Expansion and Strengthening of the Power Network under the DPDC Area (G2G) Project. The potential for future power sector financing from China Exim Bank was also emphasized.
Minister Mahmood highlighted the importance of stable power and energy as a foundation for national development and growth. He urged China Exim Bank to consider expedited funding for the expansion of Payra, the development of a smart grid and control system, and upgrades to the DPDC network. The Minister also mentioned Bangladesh's shift towards clean energy as outlined in the Renewable Energy Policy 2026, requesting future financing to support these initiatives.
Ms. Wang reaffirmed China Exim Bank's commitment to supporting Bangladesh's infrastructure development and expressed appreciation for the recent tariff and duty reductions by the National Board of Revenue to promote green energy. She showed strong interest in cooperation on projects involving ground-mounted and floating solar, wind, and waste-to-energy technologies.
Both parties agreed to accelerate the institutional processes required to expedite financing approvals for the G2G grid strengthening and DPDC network expansion projects, reaffirming their commitment to bolstering Bangladesh's power sector.