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
US dollar crunch in 2023 hurt electricity sector as lower imports of LNG and coal caused lower power generation
The Bangladesh Power Development Board’s losses soared 52.4 percent to its highest level yet in fiscal 2022-23 -- a year that saw record subsidy and a 29.6 percent hike in the bulk electricity price.
A 2,000-megawatt new rooftop solar capacity could help Bangladesh save between $476 million and $1 billion annually, according to a study IEEFA
EC's guidelines for candidates
At least 30 aspirants appealed with the Election Commission challenging the returning officers’ decision accepting the nomination bid of their opponents.
The newly registered political parties -- the Trinamool BNP, Bangladesh Nationalist Movement (BNM), and Bangladesh Supreme Party -- have fielded only 29 nominees in 18 of Dhaka city’s 20 constituencies.
Around 350 people lost their bid to run for parliament as independents because they failed to prove that they had the support of at least one percent of the voters in their constituencies.
A total of 128 female candidates are set to run for 99 seats in the January 7 national election. This is only 4.71 percent of the total 2,713 candidates taking part in the polls.
This is only 4.71 percent of the total 2,713 candidates taking part in the polls in 300 constituencies
The number of independent aspirants submitting nomination papers for the upcoming national polls is at an all time high.