DHAKA, Feb 9, 2026 — Energy Adviser Muhammad Fouzul Kabir Khan stated on Sunday that international agreements, including the power purchase deal with India’s Adani Group, cannot be terminated arbitrarily.
He emphasized that any final decision regarding the controversial contract must be made by a future elected government through proper legal and diplomatic channels.
The remarks were made following a stakeholder consultation on the Integrated Energy and Power Sector Master Plan (IEPSMP) 2026–2050 at the Power Division headquarters.
Neutral Stance and Legal Scrutiny
Addressing growing public demand for the cancellation of the Adani deal, the Adviser noted that the interim administration has prioritized a neutral and independent position to avoid accusations of "witch-hunting."
Committee Report Finalized: A national committee tasked with reviewing unsolicited power deals signed under the previous regime has submitted its final report.
Evidence of Irregularities: Recent findings from the National Review Committee (NRC) suggest that the Adani deal was benchmarked against flawed local contracts, leading to significantly higher electricity costs—estimated at an additional $400–$500 million annually.
Arbitration Risks: Legal counsel has recommended potential international arbitration in Singapore; however, the Adviser clarified that the current administration will only provide the framework and evidence, leaving the execution to the next government.
The Renewable Energy Mandate
A key highlight of the consultation was the urgent need to transition toward renewable energy. Jalal Ahmed, Chairman of the Bangladesh Energy Regulatory Commission (BERC), warned of severe trade implications if the country fails to green its power grid.
"If 42% of electricity in industrial sectors does not come from renewable sources by 2030, the European Union may impose trade restrictions," Ahmed warned.
This transition is particularly critical for the Ready-Made Garment (RMG) sector, which accounts for over 80% of Bangladesh's export earnings. Industry experts noted that the EU’s upcoming Digital Product Passport (DPP) and sustainability regulations will make renewable energy a non-negotiable requirement for global market access.
Climate Goals and Coal Phase-out
Stakeholders at the meeting, including representatives from the Department of Environment and civil society, pushed for a complete exclusion of coal from the 2026–2050 Master Plan.
Net-Zero Alignment: Participants urged that the plan be strictly aligned with global net-zero carbon targets.
Economic Viability: While coal was once seen as a cheaper option, the hidden costs of transmission and environmental impact are making it less competitive compared to rapidly maturing solar and wind technologies.
Adviser Fouzul Kabir Khan concluded by stating that the current administration is focused on creating a transparent policy environment that protects national interests without compromising Bangladesh's reputation as a stable destination for foreign investment.
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