Bangladesh needs to expand its renewable energy capacity by 21 percent annually to meet its latest green energy target by 2030, requiring nearly $1 billion in yearly investment, according to a study by the Institute for Energy Economics and Financial Analysis (IEEFA).
The government plans to scale back its dependence on foreign loans as it seeks to mitigate threats to external debt sustainability.
The government has updated the Renewable Energy Policy after 17 years, aiming to produce at least 20 percent of the national power demand from green sources by 2030.
Target set to meet 20% of power demand from green sources by 2030
The loan utilisation period for the Rooppur Nuclear Power Plant is set to be extended by three years, as about $3.38 billion of the Russian credit remains unspent after the original deadline expired in December 2024.
Bangladesh's total debt reached Tk 1,944,171 crore by December 2024, increasing debt servicing pressure
The proposal to release the third and fourth tranches of the International Monetary Fund’s $4.7 billion loan is set to be presented to the multilateral lender’s board on June 23 after the government fulfilled all prior conditions.
Demonstrators' demands include removal of REB chairman, unified service rule
The company has been selling its bitumen plant's by-products like diesel and petrol to the BPC
In a fresh push, Bangladesh entered its renewable energy era in 2017 with the launch of a 3MW solar power plant in Jamalpur’s Sharishabari. Ever since, the country has added only 459MW of renewable energy to the national grid.
Despite amassing the required one percent voter signatures to contest the national polls as an independent candidate, around 36 percent of independents couldn’t even secure one percent vote in the January 7 election.
At least 15 percent of the country’s 71 independent power producers were sitting idle for 80 percent of the time last fiscal year, raising questions about their need.
Awami League bagged less votes in the January 7 national polls compared to the previous two general elections, according to Election Commission data.
The gas supply now is the lowest since April 2020, shows data from Petrobangla -- in a development that informs the acute crisis plaguing the industrial sector as well as households.
A total of 1,441 candidates out of 1,969 who contested the January 7 polls lost their security deposits for failing to secure the minimum required votes.
Even though the government has approved a guideline, experts point out concerns in carrying flammable items in such manner
Khadiza Begum, a resident of Mirpur’s Jheelpar slum, has been struggling to cope up with expenses amid persistent inflation.
AK Azad, an Awami League leader who ran as an independent, had to fight against all odds to win yesterday’s parliamentary polls from Faridpur-3.
