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In Bangladesh, the power, energy, and natural resources

Power, Energy and Natural Resources

In Bangladesh, the power, energy, and natural resources sectors are governed by various laws and regulations. Here are some key laws and regulations related to these sectors:

  1. Electricity Act, 2018: This act provides the legal framework for the generation, transmission, distribution, and use of electricity in Bangladesh. It establishes the Bangladesh Energy Regulatory Commission (BERC) as the regulatory authority for the electricity sector.

  2. Renewable Energy Policy, 2008: This policy aims to promote the development and utilization of renewable energy sources in Bangladesh, such as solar, wind, biomass, and hydropower. It includes provisions related to incentives, feed-in tariffs, and power purchase agreements for renewable energy projects.

  3. Energy Conservation Act, 2012: This act focuses on energy efficiency and conservation measures in various sectors of the economy. It establishes the Sustainable and Renewable Energy Development Authority (SREDA) as the regulatory body responsible for promoting energy conservation and efficiency.

  4. Oil, Gas and Mineral Resources Policy, 2012: This policy governs the exploration, production, and utilization of oil, gas, and mineral resources in Bangladesh. It outlines the licensing process, fiscal terms, and environmental regulations for the extraction of these resources.

  5. Petroleum Act, 1974: This act provides the legal framework for the exploration, production, refining, and marketing of petroleum products in Bangladesh. It covers aspects such as licensing, transportation, and safety regulations.

  6. Mines and Minerals Rules, 2012: These rules supplement the provisions of the Mines and Minerals Act, 1992. They regulate the exploration, extraction, and management of minerals and mineral resources in Bangladesh, including licensing requirements and environmental safeguards.

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