Editorial

Rampant power failure

This sector has be to rescued from the doldrums
There is no doubt that a large number of inhabitants of Dhaka share the same frustration and anger as the shop owners and shopkeepers at New Market. They came out on the street in desperation on Wednesday after being without electricity for no less than ten days. It's only natural to sympathise with their plight when their business has been hampered due to the power cut and, allegedly, the authorities' failure to restore power. Whether it's a case of outstanding bills or technical faults, the fact remains that the shop owners have not had electric supply for a long time and it has cost them too much.

Why only them, frequent load shedding in large parts of the city for more than three weeks has become unbearable for all of us. The government itself admitted that it would be so for a while till power supply was fully restored. But it never said how long that 'while' would last for. We know there are problems -- both logistical and financial, but what we don't know are the reasons behind these problems. Thanks to lack of investment in the power sector, Dhaka Electric Supply Authority or DESA in short, has been supplying electricity with years old machines and transformers which probably have not been serviced or properly maintained for many years. On top of that, demand has increased over the years though supply has not, accordingly.

We would like to assume that the government has realised the severity of the power crisis. Failure to curb system loss, inefficiency and widespread corruption has hindered the growth of this sector putting us way behind the other South Asian countries. What we should must do now is to identify the stumbling blocks and take measures to remove them urgently. The latest World Bank report on investment climate in Bangladesh could be an eye opener for the authorities. Most surprisingly, it's not corruption and other hurdles, it's the erratic power supply that tops the list of obstacles in investment. It's high time the government got its acts together. If a basic necessity like uninterrupted power supply is not ensured, then no matter how much facilities are provided to the foreign investors, they will continue to stay away like they have been.