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
A total of 244 aspirants, either with a party ticket or independently, will fight in the 20 constituencies of Dhaka, according to the data of two Returning Offices of the district.
Jatiya Party (JP) leader Md Rafiqul Islam, who has submitted nomination from Trinamool BNP, is going to contest the 12th national election from Dhaka-4 constituency without his party's consent.
The Election Commission has instructed different ministries, departments and organisations to suspend initiating any new projects or programmes, including reliefs and grants for all constituencies, ahead of the upcoming 12th national election.
The Election Commission will have more time to scrutinise nomination forms and dispose of appeals this time than in the previous few national elections.
Owners of the country’s private power plants have sought the prime minister’s assistance in settling their claim of Tk 4,000 crore on top of their overdue fuel import bills.
The amounts a candidate can spend for electioneering on each voter and in total in the upcoming national election is the same as before, according to a notification from the Election Commission.
Although the planning ministry has passed several new projects ahead of the polls, it will not be able to make funds available for the projects due to the government’s fresh austerity stance to rein in the spiralling inflation.
More than a third registered political parties, including opposition BNP, boycotted the Election Commission’s talks yesterday. And some of those who joined the dialogue observed that the current situation is not conducive to holding a free and fair election.
Bangladesh will purchase liquefied natural gas (LNG) from Excelerate Gas Marketing Ltd Partnership, a subsidiary of Excelerate Energy, under a 15-year contract from 2026.
Acute gas crisis has yet again hit the country as the government reduced import of liquefied natural gas (LNG) from the international spot market for the last couple of months.
