S Korea to help Bangladesh upgrade power transmission, distribution systems
Raihan M Chowdhury
A South Korean electrical trade delegation recently visited Bangladesh and expressed interest to help the country overcome its nagging power crisis through technological up-gradation.
The trade delegation included 12 leading Korean companies and Korea Electric Power Corporation (KEPCO), the government-owned electric power company of Republic of Korea.
"KEPCO has already attained pinnacle in managing its power sector with system loss of only 4 per cent from generation to distribution with implementing the 'smart grid' technologies in Korea and Bangladesh has a lot of scope to take assistance from us," Joon-Chull Kim, chairman of Korea Electrical Manufacturers Association told the FE in an interview Saturday.
KEPCO has established new systems and management capabilities very effective to face the challenges of the power sector of today and tomorrow in South Korea, an Asian powerhouse in economic development.
"KEPCO presented an overview of smart grid and advanced transmission and distribution technologies to the Bangladeshi utility operators/companies," Park, Jung-Keun, vice president of KEPCO said.
The upgrading of technology and equipment in the electrical system is considered by Bangladeshi utility companies necessary for managing its power system with efficiency.
Organized by KOTRA Dhaka, commercial section of the Embassy of the Republic of Korea, in cooperation with Korea Electrical Manufacturers Association (KOEMA), and KEL, a local consulting company, the seminar was attended by senior figures in business and government.
The seminar highlighted the importance to Bangladesh of advanced technologies in the field of electricity systems and to explore the effective and efficient options to do so.
The event brought a good opportunity to increase mutual benefits in the electrical sector of both countries.
Bilateral trade between Korea and Bangladesh is expanding, the volume of which reached more than $1 billion last year. The Korea electric delegation is expected to add a new chapter to the mutual interest in furthering the cooperation in the electrical sector.
The Chairman of Bangladesh Power Development Board (BPDB) ASM Alamgir Kabir said the Bangladesh government will definitely come forward to strengthen the bilateral relations as far as power sector development is concerned.
Taiyoung Cho, Korean ambassador in Bangladesh said that his country is also ready to assist Bangladesh in installing nuclear power plants.
"About 40 per cent power is being generated from nuclear plants in our country, so Bangladesh can take assistance from us," Mr Cho added.
ROK produces 80,000 megawat power consumed by 50 million people.
S Korea to help Bangladesh upgrade power transmission, distribution systems
Raihan M Chowdhury
A South Korean electrical trade delegation recently visited Bangladesh and expressed interest to help the country overcome its nagging power crisis through technological up-gradation.
The trade delegation included 12 leading Korean companies and Korea Electric Power Corporation (KEPCO), the government-owned electric power company of Republic of Korea.
"KEPCO has already attained pinnacle in managing its power sector with system loss of only 4 per cent from generation to distribution with implementing the 'smart grid' technologies in Korea and Bangladesh has a lot of scope to take assistance from us," Joon-Chull Kim, chairman of Korea Electrical Manufacturers Association told the FE in an interview Saturday.
KEPCO has established new systems and management capabilities very effective to face the challenges of the power sector of today and tomorrow in South Korea, an Asian powerhouse in economic development.
"KEPCO presented an overview of smart grid and advanced transmission and distribution technologies to the Bangladeshi utility operators/companies," Park, Jung-Keun, vice president of KEPCO said.
The upgrading of technology and equipment in the electrical system is considered by Bangladeshi utility companies necessary for managing its power system with efficiency.
Organized by KOTRA Dhaka, commercial section of the Embassy of the Republic of Korea, in cooperation with Korea Electrical Manufacturers Association (KOEMA), and KEL, a local consulting company, the seminar was attended by senior figures in business and government.
The seminar highlighted the importance to Bangladesh of advanced technologies in the field of electricity systems and to explore the effective and efficient options to do so.
The event brought a good opportunity to increase mutual benefits in the electrical sector of both countries.
Bilateral trade between Korea and Bangladesh is expanding, the volume of which reached more than $1 billion last year. The Korea electric delegation is expected to add a new chapter to the mutual interest in furthering the cooperation in the electrical sector.
The Chairman of Bangladesh Power Development Board (BPDB) ASM Alamgir Kabir said the Bangladesh government will definitely come forward to strengthen the bilateral relations as far as power sector development is concerned.
Taiyoung Cho, Korean ambassador in Bangladesh said that his country is also ready to assist Bangladesh in installing nuclear power plants.
"About 40 per cent power is being generated from nuclear plants in our country, so Bangladesh can take assistance from us," Mr Cho added.
ROK produces 80,000 megawat power consumed by 50 million people.
S Korea to help Bangladesh upgrade power transmission, distribution systems