“We have decided to annul this projects as part of adaptation of new technologies in power generation as the coal-fired plants failed to come into generation within their stipulated timeframe,” he said placing the list of the scrapped projects at a press conference at his ministry on Sunday.

Officials said all the scrapped projects were awarded to private sector sponsors to set up as independent power producer (IPP) from which the government was supposed to purchase electricity under long term contract of 20 years.

Nasrul said an English daily earlier published a list of the cancelled plants but that was not a correct one.

He claimed that the move will not adversely impact power supply to national grid as some alternative plants are now under constructions and would generate electricity to meet the demands.

“After adjustment in the plan, finally the national grid will have 13,313 MW surplus electricity by 2041. There will be no problem of power supply to meet demands,” he said.

He, however, said there will be a special thrust on renewable energy promotion in the future planning of electricity as part of the country’s commitment to the Climate Vulnerable Forum (CVF) as prime minister Sheikh Hasina is currently chair of the organisation.

“We have pledged to the CVF to generate 40 per cent electricity from renewable sources by 2041,” said Nasrul.

Responding to a question he said that Sustainable and Renewable Energy Development Authority (SREDA) has been given responsibility to prepare a roadmap to achieve the goal.

“SREDA has already started working on the issue,” he added informing that a significant portion of renewable energy will be imported from Nepal and Bhutan.

“We’re going to sign a final deal with Nepal to import hydro power from an Indian company’s generation plant in Nepal,” he said.

Discussions are going on with both Nepal and Bhutan to set up hydro power plants there under bipartite or tripartite arrangement, he noted.

The state minister said there is also a plan to increase import of LNG to set up more gas-based power plants across the country.

“We want to take gas pipeline to south-western and northern regions including Gopalganj through Padma Bridge”, he said.

Read more from Government