State Minister for power and energy Nasrul Hamid on Sunday called upon the World Bank to reduce project approval time for timely project implementation.
Nasrul Hamid made the call during a meeting with World Bank’s regional director Guangzhe Chen at the Bangladesh Secretariat.
The minister said the demand of electricity has increased here due to rapid economic growth.
The World Bank may finance for clean fuel here, he pointed out. Nasrul also called upon for development partner for investing in creating skilled manpower.
World Bank’s regional director Guangzhe Chen said World Bank can work for energy security and efficiency, renewable energy, regional energy trade and energy exchange and policy reform here.
He also showed interest for working together on gas prepaid meter and modernization of natural gas pipeline.
It is mentioned that a total of five projects have been implemented by the support of World Bank.