📋 Tender Overview
Scope :
Growth and development inequality in bangladesh. bangladesh demonstrated strong economic growth with an average annual gross domestic product growth of 7.6% between fiscal year (fy) 2016 and fy2019. despite the economic shocks of the coronavirus disease pandemic, the country has shown resilience by rebounding from a growth rate of 3.4% in fy2020 to 6.9% and 7.1% in fy2021 and fy2022, respectively. however, the post-pandemic recovery was disrupted in fy2023 with a decline in gross domestic product growth of 6.0% due to rising inflation, lower industrial activities, and fiscal constraints. despite that robust economic growth has contributed to a significant decline in poverty from 48.9% in fy2000 to 18.7% in fy2022, the benefits of economic success have not been evenly distributed, and poverty reduction has been uneven across the country. the northwest region of bangladesh (rajshahi and rangpur divisions) faces significant economic vulnerability due to inadequate infrastructure and slow progress in industrialization. in particular, rangpur division has the highest urban poverty rate with dense population, and it is also vulnerable to frequent natural hazards and extreme weather. the eighth five-year plan aims to achieve regional balance in development through distribution of industrial activities, enhancing farm productivity, and generating additional income opportunities. a reliable power supply is essential to achieve this goal through economic advancement in this region.
rapid increase in electricity demand. the northern electricity supply company (nesco) public limited company (plc) commenced its operation in october 2016 with a mandate to distribute and supply electricity in the northwest region. since then, the demand for electricity in the nesco area has increased at a compound annual growth rate (cagr) of 12.6% from 439 megawatts (mw) in fy2017 to 896 mw in fy2023, and the total number of consumers has increased at a cagr of 6.9% from 1.29 million to 1.92 million during the same period. it is projected that the demand for electricity will continue to increase at a high growth rate with a cagr of 12.5%, reaching 2,037 mw by 2030, which calls for urgent expansion of the power distribution network in the northwest region. the high demand in the future is mainly from industrial consumers, which currently account for only 1.36% of the total load in the region as of fy2021 (28.4% in national average), which has a substantial potential to grow in the future.
low reliability of power distribution network. bangladesh including the nesco operational area has achieved remarkable progress in expanding access to electricity and increasing power generation capacity. the national electricity access rate, which was one of the lowest in the world at 55% in 2010, had risen to 100% in 2022. during this period, the power generation capacity surged, increasing more than fourfold from 5,271 megawatts (mw) to 22,482 mw. however, the transmission and d
