Bangladesh, April 24 -- Today Bangladesh is spending an estimated $7-9 billion every year importing fuel just to generate electricity.

Roughly $3.8-4 billion goes toward LNG, while another $3-5 billion is spent on liquid fuels such as furnace oil and diesel, much of it used by Independent Power Producers (IPPs).

This is not a one-time investment in infrastructure; it is a recurring and permanent drain on the country's remittance-powered foreign exchange reserves.

Importing fuel creates substantial financial flows and opportunities for institutions such as the Bangladesh Petroleum Corporation and fuel-based IPPs.

These entities operate within a system that involves large procurement contracts, capacity payments, and supply chain margin...