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
The stack of complaints against mobile phone operators is increasing everyday but the authorities are having to keep those aside because of a case pending at High Court (HC).
Have you ever bought a national prize bond? If you have, then please match your bond numbers with the draw results again as you could be one of those lucky few who are yet to claim their prize despite winning the lottery.
The central playground of Dhaka University almost seemed like it accommodated the whole campus on that one field yesterday.
Amid soaring prices of daily essentials, the government has decided to deliver 61,000 tonnes of soybean oil, sugar, chickpea and lentil to five crore people through the Trading Corporation of Bangladesh.
The runaway fuel oil and gas price in the international markets has already hit Bangladesh’s foreign exchange reserves and intensified pressures on the exchange rate amid the escalation of imports at higher prices.
The government spent only about 0.5 percent of a Tk 1,500 crore stimulus package unveiled in 2020 for laid off workers of export-oriented apparel and leather factories.
Three government officials toured abroad this month using funds from a water development board project in Cox’s Bazar, although none of them was directly associated with the work.
Capacity payments for under-utilised independent power producers (IPPs) are heavily affecting the power generation cost, putting pressure on the government to raise the tariff, said a recent study.
On December 24, the MV Abhijan fire hazard took the lives of 49 people and injured many more. A month since the tragedy, one question still lingers in everyone’s minds: who was responsible?
Although there are no specific rules for the appointment of vice-chancellors (VCs) in public universities, there appears to be an unofficial yet mandatory criterion—a teacher has to be affiliated with a pro-government teacher’s panel to be nominated for the top post.
