Dhaka, July 17 -- The recent announcement by Finance Adviser Dr Salehuddin Ahmed, confirming a comprehensive review of power purchase agreements signed under the previous Awami League government, marks a significant and necessary step towards restoring accountability in Bangladesh's energy sector.
For years, civil society groups and energy experts have raised alarms over the opaque and often lopsided terms of contracts awarded to Independent Power Producers (IPPs).
Our newspaper on Wednesday reported that these concerns have now been echoed at the highest levels of government, with Dr Salehuddin highlighting "numerous deviations" in how these agreements were structured, particularly for capacity payments, fuel obligations, and legal immun...