Load shedding may spike in summer
Power generation not growing in line with forecasted spike in demand, leaving people staring at frequent and extended power cuts.
21 February 2024, 18:00 PM
Foreign Loan: Repayment crosses $4b for first time
Foreign loan repayment, which was hovering around $3 billion since fiscal 2012-13, crossed the $4 billion-mark for the first time last fiscal year on the back of high interest payments and short-term loans in the power and energy sector.
19 February 2024, 18:00 PM
Govt, S Alam to team up to build second oil refinery
The state-owned Eastern Refinery (ERL) is likely to build its long-planned second unit in partnership with Chattogram-based conglomerate S Alam Group after previous attempts to expand the country’s oil refining capacity fell through because of a lack of financing.
17 February 2024, 18:00 PM
‘Whoever reads newspapers can’t be a thief’
In Banasree, on any given morning, if you find yourself walking past a newspaper stall that has been left unattended, don’t be surprised. Just pick up the newspaper or magazine that you want, put the money in the box that’s kept nearby, and you are on your way.
2 February 2024, 18:00 PM
'Whoever reads newspapers can’t be a thief'
In Banasree, on any given morning, if you find yourself walking past a newspaper stall that has been left unattended, don't be surprised. Just pick up the newspaper or magazine that you want, put the amount of money that it's worth in the box that's kept nearby, and you are on your way
2 February 2024, 07:39 AM
Amid gas crisis, 2 gas-run power plants firing up
Capacity payments, the scourge of the rapid rise in Bangladesh’s power generation capacity, are set to get higher this year.
31 January 2024, 18:00 PM
'Solar to be cheapest option for Bangladesh by next year': experts
While the world is moving towards renewable energy as it is much more environmentally-friendly than fossil fuel-based power plants and requires no additional fuel costs, Bangladesh is moving at a snail’s pace in this regard, said two researchers of BloombergNEF.
29 January 2024, 18:00 PM
Bashundhara likely to be first private entity to market fuel oil
The company has been selling its bitumen plant's by-products like diesel and petrol to the BPC
29 January 2024, 00:28 AM
Clean energy goal far away
In a fresh push, Bangladesh entered its renewable energy era in 2017 with the launch of a 3MW solar power plant in Jamalpur’s Sharishabari. Ever since, the country has added only 459MW of renewable energy to the national grid.
26 January 2024, 18:00 PM
Signatures they got, not votes
Despite amassing the required one percent voter signatures to contest the national polls as an independent candidate, around 36 percent of independents couldn’t even secure one percent vote in the January 7 election.
15 January 2024, 18:00 PM
11 power plants mostly sat idle last fiscal
At least 15 percent of the country’s 71 independent power producers were sitting idle for 80 percent of the time last fiscal year, raising questions about their need.
14 January 2024, 18:00 PM
AL’s total vote dips, JP’s lowest since 1991
Awami League bagged less votes in the January 7 national polls compared to the previous two general elections, according to Election Commission data.
13 January 2024, 18:00 PM
Gas crisis leaves households, industry on edge
The gas supply now is the lowest since April 2020, shows data from Petrobangla -- in a development that informs the acute crisis plaguing the industrial sector as well as households.
12 January 2024, 18:00 PM
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.
11 January 2024, 18:00 PM
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
10 January 2024, 00:40 AM
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.
9 January 2024, 18:00 PM
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.
7 January 2024, 18:00 PM
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
4 January 2024, 01:12 AM
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.
30 December 2023, 18:00 PM
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
19 December 2023, 00:10 AM