Based on private electricity producers’ request, the Power Development Board (PDB) asked Bangladesh Petroleum Corporation (BPC) to nearly triple its import of furnace oil to around 500,000 tonnes a month so that the electricity demand in the summer can be met.
The fourth tranche of the instalment was deferred due to disagreements and now talks are going on to release two tranches at once.
Government officials will face death penalty or minimum life sentence if found guilty of causing the death of enforced disappearance victims, according to a draft ordinance unveiled yesterday.
As much as $900 million has been on hold since 2022 in the central bank's escrow account
The interim government may backtrack from its initial plan to set an ambitious GDP growth target of 6 percent for the next fiscal year amid the new economic reality and settle for 5.5 percent.
The government has set new gas tariffs for the industrial sector, hiking the price by 33 percent for new units, despite objections from businesses and consumer rights organisations.
Bangladesh’s power sector is burdened by overcapacity and systemic inefficiencies, hindering its ability to deliver reliable and cost-effective electricity, says Prof Dr Saifur Rahman, a Bangladeshi expert based in the US.
Protesting students began reaching out to Nobel laureate Professor Muhammad Yunus as early as August 1, 2024, through his colleagues, at the peak of the mass uprising against the ousted Prime Minister Sheikh Hasina.
The country, especially the rural areas, is experiencing frequent power cuts over the last couple of days due to insufficient electricity production from coal-based power plants, alongside the prolonged delay in increasing LNG regasification facilities.
A 1,320-megawatt (MW) coal-based thermal power plant located in Kalapara upazila of Patuakhali is ready to begin commercial operations by the end of this year, officials said..The first of the plant’s two units, which can generate 660 MWs daily, will commence production in October while th
Key organiser of the quota reform protest, Nahid Islam, a Dhaka University student, was allegedly picked up by law enforcers early on July 20, although law enforcers deny their involvement.
Thousands of consumers across the nation are facing immense difficulties in getting their cards for prepaid electricity and gas meters recharged amid the ongoing internet outage and the curfew.
Nahid Islam, a key organisers of the anti-discrimination student movement, was picked up by plainclothes persons from a house in Sabujbagh early Saturday, according to witnesses..They alleged the people broke the locks of the building gates to enter and detain Nahid, a masters student of D
Nahid Islam, a key organisers of the anti-discrimination student movement, was picked up by plainclothes persons from a house in Sabujbagh early yesterday, according to witnesses.
“Please help! We need money to send this body to his village for funeral. Donate whatever you can.”
It was absolute mayhem in Rampura and Badda areas on Friday..Quota protesters clashed with police and BGB personnel since morning to dusk, leaving at least 13 killed and over 500 injured. Many of the victims had bullet and shotgun pellet wounds on the upper part of their bodies..Thes
It was absolute mayhem in Rampura and Badda areas yesterday.
Bangladesh is mostly relying on imports for urea as gas shortage has brought local fertiliser production to a near halt, in a development that will cost the country dearly in terms of foreign currency reserves and food inflation.
