Dhaka, April 20 -- The Energy and Mineral Resources Division (EMRD) has proposed a significant increase in development spending for the next fiscal year (FY 2026-27), reflecting a renewed focus on boosting domestic gas exploration and supply.

The planned allocation, if approved, would mark a major shift towards energy-sector investment, with a strong emphasis on accelerating ongoing projects under Petrobangla.

The EMRD under the Ministry of Power, Energy and Mineral Resources has sought Tk 37.68 billion for implementing ongoing development projects under the next fiscal year's Annual Development Programme (ADP), according to Planning Commission officials.

It shows a 63.1 per cent increase from the revised allocation of Tk 23.11 billion...