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.
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.
Saving electricity at home helps reduce your household's need for energy, and in turn, helps reduce the demand for fossil fuels. Whether you are a homeowner, a private or social renter, a student, or you live with your parents, there are many things you can do. The best way to start saving on your electricity costs is to get smart with how you use electricity.
The government has decided to reduce the use of electricity by 25 percent at all its offices to save power for future.
No one is sadder than Dhanmondi restaurant owners.
Shops, shopping malls will have electricity disconnected if they are open after 8pm, State Minister for Power, Energy and Mineral Resources Nasrul Hamid said today (July 19, 2022).
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.
On April 26, State Minister for Power, Energy and Mineral Resources Nasrul Hamid met with a Nepali delegation led by Pampha Bhusal, the energy, water resources and irrigation minister of the country.
