Current environmental catastrophes generating from fossil fuel power generation has attracted the attention of energy planners to look for sustainable energy sources. Hydropower is one of the oldest energy sources that have been utilized all over the world to generate electricity, especially in remote areas. Being one of the most densely populated countries, the majority of power demand is fulfilled from fossil fuel. Despite having lots of rivers, Bangladesh has not explored its true potential. So, this paper presents a comprehensive review of the current hydropower potential in Bangladesh. Locations having hydropower potential is evaluated. Different technologies used for hydropower generation have been reviewed. Moreover, global hydropower potential has also been discussed in this study. Based on the economic and environmental study, it is found that small scale hydropower is most feasible in Bangladesh to provide sustainable energy. With a reasonable flow rate, 232 rivers of Bangladesh can be utilized small scale hydropower generation as well as ensuring energy security for remote people. The current study is believed to provide useful information in advancing the generation of hydropower based electricity in Bangladesh.