Awami League’s Energy Master Plan has changed its name to Yunus Plan!: IPMP is now EPSMP

Staff Correspondent

Dr. Yunus’ interim government is moving towards implementing the country’s long-term plan for the energy and power sector with a new name. The main framework and projections of the Integrated Energy and Power Master Plan (IPMP) prepared during the Awami League government (especially in 2023) have now been presented as the Energy and Power Sector Master Plan (EPSMP) 2026-2050 and announced for approval and implementation.

According to sources, the original projections of IPMP 2023—such as an average electricity price of Tk 13.66 per kilowatt-hour in 2050 (currently Tk 7.34) and an average gas price of Tk 65 per cubic foot (currently Tk 22.93)—have been kept unchanged or slightly adjusted in the new plan.

This price increase projection was originally made during the Awami League era based on inflation, fuel import costs, subsidy reduction, and cost recovery.

According to recent reports, the interim government has unveiled a new 25-year masterplan called EPSMP 2026-2050, which aims to reach 59,000 MW of electricity demand (up to 70,500 MW in some projections) by 2050.

The meeting, chaired by Chief Advisor Dr. Yunus, discussed the plan and identified an investment requirement of $177-192 billion for its implementation.

There has been criticism in various quarters that the original content and cost projections of the IPMP are being ‘unveiled’ under the Yunus government, with only a change of name, in a misguided attempt to claim recognition of the old plan in their own name.

The Center for Policy Dialogue (CPD) and other civil society groups have criticized the draft plan as “fossil fuel-dependent” and demanded that its implementation be suspended.