Asifur Rahman

$1b a year needed to hit 2030 green energy goal

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).

2w ago

Govt to scale back foreign loan reliance

The government plans to scale back its dependence on foreign loans as it seeks to mitigate threats to external debt sustainability.

3w ago

Govt unveils new renewable energy policy

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.

3w ago

Govt unveils new renewable energy policy

Target set to meet 20% of power demand from green sources by 2030

3w ago

Rooppur loan utilisation to get 3-yr extension

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.

3w ago

Outstanding debt up 3% in first half of FY25

Bangladesh's total debt reached Tk 1,944,171 crore by December 2024, increasing debt servicing pressure

3w ago

IMF’s two tranches to be placed to board on June 23

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.

4w ago

Palli Bidyut Protest: Staff shortage sparks concerns over Eid power supply

Demonstrators' demands include removal of REB chairman, unified service rule

1m ago
January 4, 2024
January 4, 2024

Energy sector was hobbled by dollar crunch in 2023. Will 2024 be any different?

US dollar crunch in 2023 hurt electricity sector as lower imports of LNG and coal caused lower power generation

December 31, 2023
December 31, 2023

PDB incurs record losses

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.

December 19, 2023
December 19, 2023

Rooftop solar power promises $1b savings a year

A 2,000-megawatt new rooftop solar capacity could help Bangladesh save between $476 million and $1 billion annually, according to a study IEEFA

December 18, 2023
December 18, 2023

The DO’S AND DON’TS for campaigning

EC's guidelines for candidates

December 10, 2023
December 10, 2023

EC starts appeals disposal today

At least 30 aspirants appealed with the Election Commission challenging the returning officers’ decision accepting the nomination bid of their opponents.

December 9, 2023
December 9, 2023

3 new parties stumble even before election

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.

December 6, 2023
December 6, 2023

Nomination Rejections: 350 failed to prove 1pc voters’ support

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.

December 3, 2023
December 3, 2023

Only 4.71pc of candidates are women

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.

December 2, 2023
December 2, 2023

Elections: 128 female candidates to run for 99 seats

This is only 4.71 percent of the total 2,713 candidates taking part in the polls in 300 constituencies

December 2, 2023
December 2, 2023

Independents all-time high

The number of independent aspirants submitting nomination papers for the upcoming national polls is at an all time high.