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 outlay for Matarbari coal-fired power plant, one of the mega-projects of the government, is set to increase by 44.1 percent to Tk 51,854.9 crore following the decision to expand the channel to bring in coal.
Ninety families living at Mohammadpur’s Japan Garden City have not been able to cook anything since Wednesday, as Titas cut the gas line of Capital Apartment building.
Long queues, mismanagement in the vaccine centres and multiple difficulties in the registration process have dampened the excitement surrounding the government’s initiative to inoculate schoolchildren aged 12-17 with Pfizer’s Covid-19 vaccine.
More than 70 percent of teenagers were exposed to cyber-stalking, bullying, or blackmail online, while around 75 percent said they or their seniors or peers had sent or been asked to send explicit messages, photos, or videos, according to a recent survey.
The government has initiated a fresh move to help three old state-owned enterprises turn around after its previous attempts largely went in vain.
Bangladesh has set an ambitious goal of generating more than 4,100 megawatts of electricity from renewable energy sources by 2030 as the county looks to cut greenhouse gas emissions significantly.
Due to conflicts between two ministries, the plan to establish a unified and independent intellectual property (IP) office to provide copyrights, patents, design, and trademark certificates has been stuck in limbo.
Bad news comes in threes, it is often said.
Bangladesh will face tougher challenges in ensuring safe air as the World Health Organisation yesterday announced stringent changes to the Air Quality Guidelines (AQGs) to reduce health hazards caused by air pollution.
LP gas importers, distributors and CNG filling stations owners want a new clause in BERC License Regulations requiring their certificates for any new entries in this sector.
