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.
Government officials involved have been allowed legal impunity under the provisions of this law.
The government has decided to cut 15 percent of allocation for the Ministry of Power, Energy and Mineral Resources in the proposed budget today..The allocation will be Tk 30,317 crore, which was Tk 34,819 crore last fiscal..Among the two divisions of the ministry, Power Division main
Replace the capacity charge model with pro-people policies
A US business delegation has expressed interest in investing more in the power and energy sector of Bangladesh, said Nasrul Hamid, state minister for power, energy and mineral resources, yesterday.
The weak financial state of the BPDB is partly due to the high per unit price of electricity
Though the government has allocated a large amount of subsidy to the power sector, it is unable to disburse the amount as per demand due to narrow fiscal space.
Latest government decisions regarding energy are textbook examples of regulatory capture
No justification for raising electricity prices without addressing mismanagement in the sector
The repayment of foreign loans in the power sector may worsen the country’s debt-servicing burden as the government will have to pay the lenders Tk 197,677.27 crore in the 30 years from 2024-25 fiscal.
Urging all to maintain austerity in electricity use, Prime Minister Sheikh Hasina has said it will not always be possible to provide subsidy for power generation.
In the last six years, the Awami League government has made significant progress in the power sector virtually eliminating the phenomenon of load shedding. But this success may grind to a halt in the near future as the government's new plans to build two dozen large coal power plants are going nowhere fast.
The World Bank approves an additional tranche of $177 million for Bangladesh’s power sector to increase reliable and low-cost electricity.
WITH seven nations of South and South East Asia finalising a draft plan to set up grid connections to facilitate trading of electricity, a new horizon opens for power cooperation in the region and beyond.
WE are surprised that the Energy Fast Supply Enhancement (Special Provisions Act 2010) has been extended by another four years.
