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
India’s plan to extend a cross-border diesel pipeline from Dinajpur’s Parbatipur upazila to Natore will apparently see delayed implementation for the ongoing political crisis, according to the Bangladesh Petroleum Corporation (BPC) and an Indian media outlet.
At least Tk 127 crore owed by e-commerce companies to customers as refunds has been stuck in payment gateways since 2021, according to the commerce ministry documents.
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
