Bangladesh is grappling with a severe energy crisis, which has worsened following recent political upheaval. International media reports that the country’s long-standing energy issues have escalated, particularly after the new government reversed several investment initiatives in energy generation that were set in motion by the previous administration.
One of the immediate consequences of this policy shift has been India’s suspension of diesel supplies to northern Bangladesh. The political instability in the country has further complicated the situation, leaving Bangladesh unable to secure stable energy imports.
Adding to the financial strain, Bangladesh owes Indian power companies $3 billion for electricity supply. To navigate the crisis, the caretaker government has approached international financial institutions, including the International Monetary Fund (IMF), seeking an $8 billion loan to sustain the country’s operations and meet looming debt obligations.
Bangladesh now faces a critical challenge, with the nation struggling to pay an upcoming $3 billion loan installment, signaling a deepening financial and energy emergency.
