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Ministry of Power, Energy and Mineral Resources

ministry · verified (verified 2026-05-18)

Profile

Head
Iqbal Hassan Mahmood
Role
Minister
Annual budget
৳225,200,000,000
Staff
—
Established
1972
Legal basis
Constitution of Bangladesh, Article 55; Rules of Business 1996; Bangladesh Power Development Board Order 1972 (Presidential Order No. 59)

The ministry is prioritizing the reduction of fossil fuel reliance through accelerated renewable energy adoption and revitalized domestic gas exploration.

Recent activity

Provenance & notes

Budget stored as annual_budget_bdt = 225200000000 = Tk 22,520 crore (combined Power Division Tk 20,342 crore + Energy and Mineral Resources Division Tk 2,178 crore), per BSS and Daily Star FY2025-26 budget coverage. Minister's popular name 'Tuku' used widely in press; official name is Iqbal Hassan Mahmood. The March 31 meeting in Washington was conducted by Foreign Minister Khalilur Rahman (not the Energy Minister directly) as Bangladesh's lead interlocutor; this is consistent with the FM's role as energy diplomacy lead given the geopolitical dimension. The May 14 MoU was signed at the US Department of Energy, Washington DC. The parliamentary special committee was proposed on April 23, formally constituted April 26, and held its first meeting May 3 -- the April 23 date marks the PM's floor proposal, which is the politically significant event. Adani arbitration claim figure (USD 485 million) sourced from OE Digital / TBS November 2025 reporting; Bangladesh HC injunction barred Adani from unilaterally proceeding with Singapore seat; UK law firm appointment confirmed January 2026. Verification based on 3+ independent primary sources per key claim.

Sources