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Mongabay
Mongabay
A glut of electricity-generating capacity means Bangladesh is paying hundreds of millions of dollars in incentives to power producers that aren’t churning out any electricity, according to a government report. The country’s total installed capacity — the combined output of all its power plants working at full capacity — is 22,031 megawatts, while total demand for electricity in the country is just 13,792 MW. That’s according to the Bangladesh Power Development Board’s (BPDB) 2020-21 annual report, and puts the country’s electricity overcapacity at nearly 60%. Under the terms of its various agr…