Improving summer power supply: Govt pays half the subsidy power ministry needs
The Finance Division last week disbursed Tk 1,500 crore in subsidy against the power ministry’s demand for the immediate release of Tk 3,000 crore to boost electricity supply during the summer months.
4d ago
Bangladesh won’t benefit from global LNG oversupply
The global liquefied natural gas supply capacity will increase drastically in future and the prices will stay low, but Bangladesh is not likely to reap the benefit due to fiscal challenges, according to a global report.
6d ago
Rural areas bear the brunt of power outage
Hundreds of thousands of people in the rural areas have been subjected to hours of power outage despite record-setting generation of electricity over the last few days.
1w ago
Airlines against move to adjust jet fuel price under new BPC formula
As per the new formula, the price of jet fuel will be calculated each month by adding the average rate quoted by the Platts Asia Pacific/Arab Gulf (APAG) Marketscan for the preceding month with other expenses.
1w ago
Heatwave: Power supply mostly stable
Power supply to households remains largely stable nationwide, as many energy-intensive sources such as mills, factories, offices, and shopping malls are yet to reopen following the Eid holidays.
1w ago
Power shortage more acute in rural areas
With the weather getting warmer, power crisis is growing across the country and some rural areas have been experiencing prolonged loadshedding since last week.
3w ago
Gas shortage leaves compressor stations inoperative
The government built two compressor stations in 2016 to supply gas at adequate pressure to different districts, but the expensive machinery has been underutilised due to inadequate gas flow.
1m ago
Window for easy loans narrowing
Bangladesh’s access to cheap loans is closing in with its rising per capita income, making foreign borrowing costlier.
1m ago
February 1, 2024
Amid gas crisis, 2 gas-run power plants firing up
Capacity payments, the scourge of the rapid rise in Bangladesh’s power generation capacity, are set to get higher this year.
January 30, 2024
'Solar to be cheapest option for Bangladesh by next year': experts
While the world is moving towards renewable energy as it is much more environmentally-friendly than fossil fuel-based power plants and requires no additional fuel costs, Bangladesh is moving at a snail’s pace in this regard, said two researchers of BloombergNEF.
January 29, 2024
Bashundhara likely to be first private entity to market fuel oil
The company has been selling its bitumen plant's by-products like diesel and petrol to the BPC
January 27, 2024
Clean energy goal far away
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.
January 16, 2024
Signatures they got, not votes
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.
January 15, 2024
11 power plants mostly sat idle last fiscal
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.
January 14, 2024
AL’s total vote dips, JP’s lowest since 1991
Awami League bagged less votes in the January 7 national polls compared to the previous two general elections, according to Election Commission data.
January 13, 2024
Gas crisis leaves households, industry on edge
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.
January 12, 2024
73pc candidates lose security deposits
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.
January 10, 2024
Doorstep fuel delivery plan is fraught with risk
Even though the government has approved a guideline, experts point out concerns in carrying flammable items in such manner
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