1,000MW solar power project stuck in red tape
Despite the government’s commitment in the national plan to increase production of renewable energy, an investment proposal to produce 1,000 megawatts of solar power is waiting for approval at a time when the country is facing persistent power-cuts.
Ready for a grand gathering
Though the ruling Awami League said it will hold its 22nd national council in a simple manner, yesterday’s scenario at Suhrawardy Udyan hinted at a huge gathering.
Power, gas to get costlier
The prices of electricity, gas and diesel are set to increase one by one as the government pulls back the subsidies in keeping with the austerity measures.
Power import from Adani plant delayed
Power import from the controversial Adani Godda power plant has been delayed once again as the 1,600 megawatts thermal plant is yet to be complete.
Govt wrests control of energy pricing
Electricity and gas prices can now be adjusted without a public hearing after the cabinet yesterday amended a law, paving the way for introducing dynamic energy pricing in Bangladesh.
Power tariff hike will add to woes
The decision to increase the wholesale price of electricity by 19.92 per cent to Tk 6.20 per unit has raised concerns among businesses who say consumers may soon have to bear the added burden.
Electricity price up 19.92pc at producers’ end
Electricity price at the producers’ end was yesterday hiked by 19.92 percent, a development that is expected to fuel inflation as the distributors ultimately pass on the burden to end users.
Power distributor seeks to hike retail price
Even though the state minister for power assured that the bulk power price hike would not have any implication on consumers right away, a distributor has already submitted a proposal to increase retail electricity price.
Gas Crisis: No end to plight anytime soon
The acute gas crisis, which has been plaguing the industrial sector and households, is unlikely to see a drastic improvement anytime soon.
Oil import for 2023: BPC gets nod to buy 54 lakh tonnes
The Cabinet Committee on Economic Affairs yesterday granted Bangladesh Petroleum Corporation permission to import 54 lakh tonnes of oil next year in a bid to secure supply of the key commodity amid the Russian invasion of Ukraine and geopolitical tension.