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).

1w 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.

2w 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.

2w ago

Govt unveils new renewable energy policy

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

2w 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.

2w 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.

3w ago

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

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

1m ago
June 11, 2022
June 11, 2022

No roadmap for cutting energy costs

The proposed budget for the 2022-23 fiscal year does not outline a roadmap for reducing gas imports by increasing domestic production.

June 8, 2022
June 8, 2022

Adani godda power plant: BPDB to pay Tk 1,219.1cr for power not used

If it does not add value, it is a waste, said the seminal American industrialist Henry Ford. And the quote best describes the situation the Bangladesh Power Development Board finds itself in with its deal with India’s Adani Power.

June 5, 2022
June 5, 2022

Block allocations: Focus shifts to war fallout from jabs

The government is not keeping a separate allocation for vaccines in the next fiscal year’s budget as it pulls back from vaccine procurement given the high inoculation rate and low infection rates.

May 16, 2022
May 16, 2022

Rakhines cast aside for tourism conquest in Kuakata

Kuakata, the country’s second largest sea beach, is being turned into a tourist destination without a structured plan, kicking out the native Rakhine population in the process.

May 12, 2022
May 12, 2022

Bangladeshi media still a man’s world

Only 10 percent of the total employees are female in Bangladesh’s media, while only about 6 percent are in reporting, found a recent global study.

April 28, 2022
April 28, 2022

Dutch horticulture exhibit: 100 officials going abroad, austerity out the window

At least 100 agriculture ministry officials will participate in phases in a six-month international horticulture exhibition in the Netherlands, even though the government had asked to abandon all routine tours except those involving emergencies.

April 26, 2022
April 26, 2022

Bangladesh's gas reserves drying up

The yield of Kailash Tila, the main source for Sylhet Gas Fields Ltd, was on average 69 million cubic feet per day in 2016, but it dropped to 29 million cubic feet in January this year.

March 27, 2022
March 27, 2022

Berc recommendation: Pre-paid gas users victimised

Households with pre-paid meters will suffer most if the recommendation of the 43 percent hike in gas price is implemented -- a development that can slow down the installation of the meters.

March 21, 2022
March 21, 2022

Lights turning on in Payra region

Patuakhali’s Rangabali upazila, a coalition of 22 small islands in the Bay, did not have access to electricity just a year ago.

March 20, 2022
March 20, 2022

PM to inaugurate 1,320MW Payra power plant tomorrow

The Payra area in Patuakhali is going to be a major economic hub with a sea port, a special economic zone, an airport and the country’s biggest coal-fired power plant that will officially launch operation tomorrow.