Nagorik committee: Members split over ex-Shibir leader joining
Jatiya Nagorik Committee has included a former top leader of Islami Chhatra Shibir in its extended central committee, ignoring objections from a section of committee members.
1d ago
Power, Energy Sector: Arrears, subsidies weighing down govt
The interim government is struggling to pay the power bill arrears that were caused largely by “unfair” contracts signed between the previous administration and power producers, and rising international fuel prices.
5d ago
Now coal power plants scaling back production
Coal-fired power plants are dialling down production or even shutting down due to financial, legal or technical issues, leading to power cuts across the country, especially the rural areas.
3w ago
Outstanding bills: Adani halves power supply to Bangladesh
India’s Adani Power Jharkhand Limited has halved its power supply to Bangladesh, saying it has yet to receive outstanding bills.
3w ago
Heatwave cost Bangladesh $21b last year
Heat exposure had severe economic consequences for Bangladesh last year, leading to an estimated income loss of $21 billion due to reduced labour capacity, according to the latest Lancet Countdown report.
3w ago
AL govt put finance adviser, BB governor in legal trouble
The immediate past Awami League government’s failure to settle an international arbitration claim has left Bangladesh in a legal tangle in the US, leading to a surprise judicial order against two top officials of the interim government during their official visit to Washington last week.
4w ago
‘They got capacity charges for 16yrs. Not anymore’
A retired bureaucrat, Muhammad Fouzul Kabir Khan has been tasked with heading three significant ministries for the economy: power, energy and mineral resources; road transport and bridges; and railways.
1m ago
IMF slashes growth forecast to 4.5 percent
After the World Bank, the International Monetary Fund has now brought down Bangladesh’s growth forecast for this year as political uncertainty, industrial unrest and floods weigh heavily on economic activities.
1m ago
August 10, 2023
BPC again seeks time, funds
The deadline for the “Installation of Single Point Mooring (SPM) with Double Line” project will be extended for the fourth time with the cost to be raised by around Tk 1,000 crore, or 15 percent, according to the Planning Commission.
August 10, 2023
Fuel prices: Syncing with int’l markets may not begin in Sept
The plans to finalise a system to automatically synchronise domestic fuel prices with international ones from September may get delayed.
August 9, 2023
Nat’l Energy Security Day: High time to start gas exploration
With local gas production on the wane, import dependency in the power and energy sector is on the rise, in what can be viewed as a threat to national energy security, according to experts.
August 5, 2023
Power Sector Subsidy: Low revenue collection limits disbursement
Though the government has allocated a large amount of subsidy to the power sector, it is unable to disburse the amount as per demand due to narrow fiscal space.
July 22, 2023
A law to protect intellectual rights
Aiming to safeguard intellectual property rights, the government is going to increase the punishment for violating copyrights, with more specific definitions and the inclusion of some new provisions.
July 18, 2023
Registration of 2 Parties: Questions raised over EC’s picks
A day after the Election Commission primarily cleared little-known Bangladesh Nationalist Movement (BNM) and Bangladesh Supreme Party (BSP) for registration as political parties,
July 10, 2023
Power projects rarely completed on time
Most of the projects in the power sector are not completed on time, with some seeing as much as 300 percent cost overruns, said a recent report of the Implementation Monitoring and Evaluation Division (IMED).
July 7, 2023
Capacity charge is model of robbery
Says IMED in a report on the power sector
June 20, 2023
Age of low-priority projects?
Amid a cost of living crisis, providing cash support to the poor and endeavouring to tame inflation would be the logical actions. But the government is not toeing that line.
June 7, 2023
Power Outage: Only one-third plants operating at full capacity
Of the 153 power plants in the country, 49 are operating at capacity, which explains the ongoing power outages amid the searing summer heat.
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