Brief Introduction of the Office

Power and Energy Audit Directorate is one of the seventeen audit directorates under the Office of the Comptroller and Auditor General (OCAG) of Bangladesh. This audit directorate is responsible for carrying out the audit of all government offices belonging to the Power Division and Energy and Mineral Resources Division under the Ministry of Power, Energy and Mineral Resources. Some of the major auditable units under the Power Division are: Bangladesh Power Development Board (BPDB), Bangladesh Rural Electrification Board (BREB), Dhaka Power Distribution Company Limited (DPDC), Dhaka Electric Supply Company Limited (DESCO), Power Grid Company of Bangladesh Limited (PGCB), West Zone Power Distribution Company Limited (WZPDCO), Northern Electricity Supply Company Limited (NESCO), Ashuganj Power Station Company Limited (APSCL), North-West Power Generation Company Limited (NWPGCL), etc. Similarly, some of the major auditable units under the Energy and Mineral Resources Division are: Bangladesh Oil, Gas & Mineral Corporation (Petrobangla), Bangladesh Petroleum Exploration and Production Company (BAPEX), Gas Transmission Company Limited (GTCL), Bangladesh Petroleum Corporation (BPC), Jamuna Oil Company Limited, Megna Petroleum Limited, Padma Oil Company Limited, Standard Asiatic Oil Company Limited, Eastern Refinery Limited, etc.

The objective of this directorate is to conduct effective audit of the aforementioned offices in order to ensure value for public money and provide reliable and objective information to the stakeholders with a view to establishing transparency and accountability in their activities.

Audit observations involving Serious Financial Irregularities (SFI) are initially developed into Advance Paras (AP) and subsequently Draft Paras (DP) after taking into consideration the replies received from the concerned entities and the Principal Accounting Officer (Secretary to the Ministry/Division). With the approval of Comptroller and Auditor General of Bangladesh DPs are then incorporated in the audit reports. In addition to conducting traditional ISSAI-compliant financial and regularity audits, this directorate also carries out ISSAI-based performance audit to evaluate economy, efficiency and effectiveness in the management of public resources, thereby contributing to governance. Furthermore, nowadays, this directorate is carrying out grants and appropriation based audit with the objective of facilitating optimum utilization of national budget.