Dhaka:A delegation from China Exim Bank, led by President Wang Chunying, met with the Minister for Power, Energy and Mineral Resources Iqbal Hassan Mahmood at the Bangladesh Secretariat to discuss financing for major power sector projects and transmission network upgrades.
According to United News of Bangladesh, the meeting included key figures such as Invest Bangladesh Chairman Ashik Chowdhury, Power Division Secretary Mirana Mahrukh, and Bangladesh Power Development Board Chairman Engr. Md. Rezaul Karim, along with senior officials from the Power Division.
The discussions centered on enhancing bilateral economic cooperation and expediting financing for essential infrastructure projects. Key projects highlighted were the Payra Thermal Power Plant expansion, the Power Grid Network Strengthening Project (G2G), and the Expansion and Strengthening of Power Network under DPDC Area (G2G) Project. The meeting also focused on future financing strategies for upcoming energy projects.
Minister Iqbal Hassan Mahmood emphasized the importance of stable power and energy for national development and requested that China Exim Bank expedite funding approvals for projects such as the Payra expansion, modernization of DPDC transmission lines, and development of smart grids and advanced control systems. He also urged the bank to support Bangladesh's clean energy transition initiatives under the Renewable Energy Policy 2026 by accelerating financing for modernizing national grid control systems.
President Wang reaffirmed the bank's commitment to Bangladesh's infrastructure development, praising recent investment-friendly tariff and duty reductions by the National Board of Revenue for green energy. She expressed China Exim Bank's interest in providing financing and technical expertise for solar, wind, and waste-to-energy projects.
Both parties agreed to streamline institutional processes to ensure timely financing clearances for the grid strengthening and DPDC network expansion initiatives, committing to close collaboration to modernize and stabilize Bangladesh's power sector.