Journal Press India®

Innovation in Power Sector in the Developing Country: A Case of Electro Group in Bangladesh.

Vol 15 , Issue 1 , January - June 2014 | Pages: 107-118 | Case Study  

https://doi.org/10.51768/dbr.v15i1.151201409


Author Details ( * ) denotes Corresponding author

1. * Jashim Uddin Ahmed, Associate Professor, School of Business, North South University, Dhaka, Bangladesh (jashimahmed@hotmail.com)
2. Mohammad Jasim Uddin, Lecturer, North South University, Dhaka, Bangladesh (uddinmj@gmail.com.)
3. M. Akbar Ali, Research Associate, North South University, Dhaka, Bangladesh (alibpm@yahoo.com)

Importance of uninterrupted power supply has always been a very fundamental factor for the effectiveness of firms’ production especially in the developing country context. The main purpose of this study is to examine contemporary strengths and challenges of power supply in Bangladesh.
Findings: The study reveals how a private company in supply power has been successfully generating and supplying energy across the country while also complying with environmental and ethical standards. The company has assimilated relevant technology and resources; and developed skilled and knowledgeable professionals. Currently, the company is confronting competitive pressure as the number of new competitors are increasing in this sector. Government also creates pressure by bringing unpredicted changes in regulatory norms. Overall, the prospect for investment in power sector is high as the demand for electricity is increasing because of emerging industrialization.
Methodology: The study has employed a case study focusing on Electro Group Limited, one of the leading energy corporations in Bangladesh. In-depth interview with the key personnel of the company, and secondary resources have been analyzed.
Research Implications: Crisis in power-supply has been an alarming issue in Bangladesh, but there has been relatively little scholarly research in this context.
Practical Implications: This study would provide insightful information for entrepreneurs and policy makers in energy sector.
Originality/Value: Considering the existing research in the context of power-supply of Bangladesh, this study has been relatively a newer concept in Bangladesh, which provides new practical information for practitioners and guidelines for future researchers.

Keywords

Bangladesh, Electro Group, Power Sector, Energy, Electricity.

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