Power, Energy Sector: Arrears, subsidies weighing down govt
The interim government is struggling to pay the power bill arrears that were caused largely by “unfair” contracts signed between the previous administration and power producers, and rising international fuel prices.
1d ago
Now coal power plants scaling back production
Coal-fired power plants are dialling down production or even shutting down due to financial, legal or technical issues, leading to power cuts across the country, especially the rural areas.
2w ago
Outstanding bills: Adani halves power supply to Bangladesh
India’s Adani Power Jharkhand Limited has halved its power supply to Bangladesh, saying it has yet to receive outstanding bills.
3w ago
Heatwave cost Bangladesh $21b last year
Heat exposure had severe economic consequences for Bangladesh last year, leading to an estimated income loss of $21 billion due to reduced labour capacity, according to the latest Lancet Countdown report.
3w ago
AL govt put finance adviser, BB governor in legal trouble
The immediate past Awami League government’s failure to settle an international arbitration claim has left Bangladesh in a legal tangle in the US, leading to a surprise judicial order against two top officials of the interim government during their official visit to Washington last week.
3w ago
‘They got capacity charges for 16yrs. Not anymore’
A retired bureaucrat, Muhammad Fouzul Kabir Khan has been tasked with heading three significant ministries for the economy: power, energy and mineral resources; road transport and bridges; and railways.
4w ago
IMF slashes growth forecast to 4.5 percent
After the World Bank, the International Monetary Fund has now brought down Bangladesh’s growth forecast for this year as political uncertainty, industrial unrest and floods weigh heavily on economic activities.
1m ago
Proposed policy reforms conducive to business confidence
The policy reforms being considered in Bangladesh will not only improve its business climate, but also increase foreign investment in the country, according to the top official of Excelerate Energy.
1m ago
February 3, 2024
‘Whoever reads newspapers can’t be a thief’
In Banasree, on any given morning, if you find yourself walking past a newspaper stall that has been left unattended, don’t be surprised. Just pick up the newspaper or magazine that you want, put the money in the box that’s kept nearby, and you are on your way.
February 2, 2024
'Whoever reads newspapers can’t be a thief'
In Banasree, on any given morning, if you find yourself walking past a newspaper stall that has been left unattended, don't be surprised. Just pick up the newspaper or magazine that you want, put the amount of money that it's worth in the box that's kept nearby, and you are on your way
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.
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