The central bank also directed banks to ensure mandatory clearance certificates from utility service providers before approving loans.
Punishing two officials for fulfilling their duty is deeply concerning. The report provided an accurate picture of the energy and electricity sector, which apparently goes against the views of the current regime.
Profits of all power generation companies dropped in the July-March period of fiscal year 2022-23 and some of them even incurred huge losses mainly due to a huge depreciation of the value of the taka against the US dollar that ultimately increased their costs.
Public money is being used to shore up PDB's losses and pay profiteering private companies
Although the coal consumption declined in Bangladesh last year, it is expected to increase sharply this year, the International Energy Agency said yesterday.
Electricity and gas prices can now be adjusted without a public hearing after the cabinet yesterday amended a law, paving the way for introducing dynamic energy pricing in Bangladesh.
Prime Minister Sheikh Hasina said that people are getting electricity even though the government has imposed some austerity measures amid global crisis.
“Free light source plus [a] dude I can sit and ruminate with, it’s perfect.”
About 20-25 percent electricity was restored after four hours of power outage, said a spokesperson of Power Grid Company of Bangladesh.
The central bank also directed banks to ensure mandatory clearance certificates from utility service providers before approving loans.
Punishing two officials for fulfilling their duty is deeply concerning. The report provided an accurate picture of the energy and electricity sector, which apparently goes against the views of the current regime.
Profits of all power generation companies dropped in the July-March period of fiscal year 2022-23 and some of them even incurred huge losses mainly due to a huge depreciation of the value of the taka against the US dollar that ultimately increased their costs.
Public money is being used to shore up PDB's losses and pay profiteering private companies
Although the coal consumption declined in Bangladesh last year, it is expected to increase sharply this year, the International Energy Agency said yesterday.
Electricity and gas prices can now be adjusted without a public hearing after the cabinet yesterday amended a law, paving the way for introducing dynamic energy pricing in Bangladesh.
Prime Minister Sheikh Hasina said that people are getting electricity even though the government has imposed some austerity measures amid global crisis.
“Free light source plus [a] dude I can sit and ruminate with, it’s perfect.”
About 20-25 percent electricity was restored after four hours of power outage, said a spokesperson of Power Grid Company of Bangladesh.
Bangladesh Power Development Board today (September 4, 2022) signed an agreement with a consortium to build a wind farm in Bagerhat’s Mongla that will produce 55MW electricity.
