RPPs & QRPPs: An overall impact on the economy of Bangladesh and solution through renewable energy

Power crisis is one of the burning hindrances which are slowing down the socio-economic improvement in the developing countries. Without power all development activities come to rest. Demand for power is everywhere which had increased 50 times in the last 10 years. Bangladesh is a country of immense potential but she is associated with many major problems. Among them power shortage has emerged as most acute. Due to some obvious reasons quick and permanent remedy of this distress has become a hard nut to crack for the Government. To ease the problem recently Government has adopted several policies. As a part of the policies Rental and Quick rental power plants (RPPs and QRPPs) are increasing rapidly which seem to be short term solutions. This paper will introduce RPPs and QRPPs, their tariffs and impact on the economy of Bangladesh. Then we will discuss RPPs and QRPPs on the world´s perspective and our proposal to address the problem.