Hope against hope
The government has assured people suffering from severe power cuts that the situation will improve after September when three new coal-based power plants start operation, but experts expressed doubts about it.
9 July 2022, 02:00 AM
Gas crunch brings back power cuts
People have been enduring severe power cuts for the last few days as electricity production was hampered mainly due to a shortage of natural gas supply.
4 July 2022, 18:00 PM
Petrobangla has to return Tk 12,227cr
Bangladesh Energy Regulatory Commission in the verdict of a public hearing has ordered the Petrobangla to return Tk 12,227 crore taken from its security and development funds.
29 June 2022, 18:00 PM
Fuel prices may go up by at least Tk 10
The government is bent on raising fuel prices by Tk 10-30 each litre, despite vehement opposition from consumer rights groups and experts.
29 June 2022, 03:00 AM
Pressure on forex reserves: Govt exploring loan of up to $4.5b from IMF
As a precautionary move, Bangladesh has started talks with the International Monetary Fund about taking a loan of $4-4.5 billion to shore up the precarious foreign currency reserves.
28 June 2022, 03:00 AM
Use of foreign aid rises, but may miss target
Although foreign assistance disbursement is increasing continuously, the country is still behind its target for this fiscal year.
24 June 2022, 04:30 AM
Matarbari plant: Govt won’t implement phase-2
The government has decided not to implement the second phase of the Matarbari coal-fired power plant, a cabinet member confirmed yesterday hours after Japan announced the cancellation of funding for the project.
22 June 2022, 18:00 PM
Bangladesh won’t implement 2nd phase of Matarbari Coal Power Plant
The government will not implement the second phase of the Matarbari coal-based power plant.
22 June 2022, 14:39 PM
Govt took profits of Petroleum Corporation, left it in lurch
Bangladesh Petroleum Corporation made huge profits for seven years through import of petroleum at low prices but the government took that money, leaving the BPC ill-equipped to cope with the current international market volatility.
17 June 2022, 03:00 AM
Profits of state enterprises fall to 9-year low
The profits of state-owned enterprises in Bangladesh fell to their lowest in nine years, owing to higher commodity prices in the global market and selling of essentials among the poor and low-income groups at subsidised rates.
14 June 2022, 04:00 AM
No roadmap for cutting energy costs
The proposed budget for the 2022-23 fiscal year does not outline a roadmap for reducing gas imports by increasing domestic production.
11 June 2022, 02:30 AM
Adani godda power plant: BPDB to pay Tk 1,219.1cr for power not used
If it does not add value, it is a waste, said the seminal American industrialist Henry Ford. And the quote best describes the situation the Bangladesh Power Development Board finds itself in with its deal with India’s Adani Power.
7 June 2022, 18:00 PM
Block allocations: Focus shifts to war fallout from jabs
The government is not keeping a separate allocation for vaccines in the next fiscal year’s budget as it pulls back from vaccine procurement given the high inoculation rate and low infection rates.
4 June 2022, 18:00 PM
Rakhines cast aside for tourism conquest in Kuakata
Kuakata, the country’s second largest sea beach, is being turned into a tourist destination without a structured plan, kicking out the native Rakhine population in the process.
16 May 2022, 05:30 AM
Bangladeshi media still a man’s world
Only 10 percent of the total employees are female in Bangladesh’s media, while only about 6 percent are in reporting, found a recent global study.
12 May 2022, 03:00 AM
Dutch horticulture exhibit: 100 officials going abroad, austerity out the window
At least 100 agriculture ministry officials will participate in phases in a six-month international horticulture exhibition in the Netherlands, even though the government had asked to abandon all routine tours except those involving emergencies.
27 April 2022, 18:00 PM
Bangladesh's gas reserves drying up
The yield of Kailash Tila, the main source for Sylhet Gas Fields Ltd, was on average 69 million cubic feet per day in 2016, but it dropped to 29 million cubic feet in January this year.
25 April 2022, 18:00 PM
Berc recommendation: Pre-paid gas users victimised
Households with pre-paid meters will suffer most if the recommendation of the 43 percent hike in gas price is implemented -- a development that can slow down the installation of the meters.
26 March 2022, 18:00 PM
Lights turning on in Payra region
Patuakhali’s Rangabali upazila, a coalition of 22 small islands in the Bay, did not have access to electricity just a year ago.
20 March 2022, 18:00 PM
PM to inaugurate 1,320MW Payra power plant tomorrow
The Payra area in Patuakhali is going to be a major economic hub with a sea port, a special economic zone, an airport and the country’s biggest coal-fired power plant that will officially launch operation tomorrow.
19 March 2022, 18:00 PM