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
January 12, 2024
73pc candidates lose security deposits
A total of 1,441 candidates out of 1,969 who contested the January 7 polls lost their security deposits for failing to secure the minimum required votes.
January 10, 2024
Doorstep fuel delivery plan is fraught with risk
Even though the government has approved a guideline, experts point out concerns in carrying flammable items in such manner
January 10, 2024
Desperate, they opt for firewood
Khadiza Begum, a resident of Mirpur’s Jheelpar slum, has been struggling to cope up with expenses amid persistent inflation.
January 8, 2024
Faridpur-3: AK Azad braves all odds, comes out victorious
AK Azad, an Awami League leader who ran as an independent, had to fight against all odds to win yesterday’s parliamentary polls from Faridpur-3.
January 4, 2024
Energy sector was hobbled by dollar crunch in 2023. Will 2024 be any different?
US dollar crunch in 2023 hurt electricity sector as lower imports of LNG and coal caused lower power generation
December 31, 2023
PDB incurs record losses
The Bangladesh Power Development Board’s losses soared 52.4 percent to its highest level yet in fiscal 2022-23 -- a year that saw record subsidy and a 29.6 percent hike in the bulk electricity price.
December 19, 2023
Rooftop solar power promises $1b savings a year
A 2,000-megawatt new rooftop solar capacity could help Bangladesh save between $476 million and $1 billion annually, according to a study IEEFA
December 18, 2023
The DO’S AND DON’TS for campaigning
EC's guidelines for candidates
December 10, 2023
EC starts appeals disposal today
At least 30 aspirants appealed with the Election Commission challenging the returning officers’ decision accepting the nomination bid of their opponents.
December 9, 2023
3 new parties stumble even before election
The newly registered political parties -- the Trinamool BNP, Bangladesh Nationalist Movement (BNM), and Bangladesh Supreme Party -- have fielded only 29 nominees in 18 of Dhaka city’s 20 constituencies.
X