Paradise Papers: Mintoo family named
The Paradise Papers leak has revealed that businessman and BNP Vice Chairman Abdul Awal Mintoo had registered his energy company NFM Energy Ltd in tax haven Bermuda on August 9, 1999—just around the time when the American company Unocal had given him a small share to help “troubleshoot” its local business.
7y ago
Imported LNG to end gas crisis
Good news: Annual Import of US$3 billion Liquefied Natural Gas (LNG) is to ease the decades-long gas crisis of the country. Import will start in April, 2018 and by October more than one third of the country's gas needs would be imported in the form of Liquefied Natural Gas (LNG).
7y ago
Why do we need nuclear power?
There are concerns around the world about taking up nuclear power projects, especially from the safety and large-scale upfront investment aspects. And for Bangladesh, there is a concern that since we are a densely populated country, a nuclear accident would be a massive disaster for us.
7y ago
Excise duty on savings: How ethical is it?
The government is finding new ways to increase its revenue every year as the economy is getting bigger.
7y ago
Slow projects dwarf power sector gains
The government has missed its target to finish several large power projects on time, while demand for power keeps spiralling.
7y ago
Gas price may rise as LNG import starts next year
Lagging five years behind schedule, the government is finally expecting to import Liquefied Natural Gas (LNG) from Qatar from the end of next year to meet Bangladesh's never-ending gas supply shortfall.
7y ago
Bangladesh Inhuman Rights Commission concerned about poor US human rights condition
Just a week after the US Department of State in its human rights report for 2016 expressed concerns about Bangladesh’s human rights condition, Bangladesh Inhuman Rights Commission expressed concerns about the deplorable human rights condition in the US.
7y ago
Matarbari coal power project back on track
The Japan funded massive Matarbari 1,200 megawatt coal power plant project near Maheshkhali was stalled following the Holey
7y ago
March 24, 2015
Consultant set to become builder
In complete violation of procurement rules, the government is going to award the construction of the Karnaphuli tunnel to the consulting firm of the project.
March 8, 2015
Nepal trip ends at Dhaka airport
It was at 8:45am on Wednesday when Towhid Firoze, a World Bank official, and I reached the Shahjalal International Airport to take a Biman flight for Kathmandu at 11:00am. We would be there to join a conference on hydropower the following day.
March 3, 2015
Rental power co faces $23m fine
Local rental power company Desh Energy is facing a staggering fine of $23.89 million or Tk 186 crore for underperforming and using excessive fuel for its 100 megawatt diesel-fired power plant in Siddhirganj in the last four years.
March 3, 2015
Rental power co faces $23m fine
Local rental power company Desh Energy is facing a staggering fine of $23.89 million or Tk 186 crore for underperforming and using excessive fuel for its 100 megawatt diesel-fired power plant in Siddhirganj in last four years.
February 19, 2015
Target 9,000MW power
The economic affairs committee of the cabinet yesterday approved appointment of a consultant to formulate a master plan to generate 9,000 megawatts of power in Maheshkhali, going a step forward with the government's vision to convert the island into the country's largest energy hub.
February 18, 2015
Second Life: A Miracle of advanced Medical Science
It was on the second night that Shahana's husband thought he was signing the death warrant of his wife when he was asked to sign a form granting permission to try a drug, a last resort to bring her back.
February 17, 2015
Grid power use costlier than captive power
In the late nineties, amid an acute power crisis and availability of surplus gas, the government had allowed businesses to build their own gas-fired power plants to run factories.
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