Monenco Iran has recently signed a contract of "Consulting Services for Implementation of Independent System Operator (ISO)” in Bangladesh.
Power networks in developing countries are going through a restructuring phase by which it is hoped to achieve higher efficiency in development of electricity supply to consumers while attracting public sector’s participation and investment in the industry. In order to facilitate a development compliant with such considerations, it is required to form a competitive and transparent environment in which all utilities are able to provide their services.
Independent System Operators (ISO) are thereby implemented in order to ensure such an environment is created where access is provided to all utilities (public and private) without prejudice while the network security measures are also taken into account.
Bangladesh, as a country that is experiencing an overwhelming growth in its economy and power sector, has opted to consider the implementation of ISO in its network in order to ensure that the vast developments of this sector are made in an efficient and economic manner while also addressing the concerns of all participants to ensure further investment is made into the sector. With this goal in mind, this project will see the selection of a suitable model for the implementation of an ISO in Bangladesh by analyzing the different models currently in use around the globe and retrofitting a suitable model for this country to the requirements of Bangladesh. Furthermore, the project will provide a suitable implementation guide for restructuring of the power sector in Bangladesh by considering all stakeholder concerns