In a significant move to stabilize its power sector, the Bangladesh government has secured Tk 2,062 crore through the issuance of special bonds. This initiative, aimed at clearing outstanding liabilities to private power plants, involves a collaboration with two prominent private banks: City Bank and Pubali Bank. A comprehensive agreement was
Tag: Power plants
Govt fixes power tariff for 3 power plants
The government Wednesday approved separate proposals for fixing power tariff for procuring power from two solar power plants and one wind-based power plant for a long 20-year period with an overall estimated cost of around Taka 19,476 crore. The approvals came from the 30th meeting of the Cabinet Committee on Government
Gas prices hiked for power plants, industries from Feb 1
The government has raised the retail gas prices for public, private and captive power plants and also for industries and commercial users with effect from February 1. As per the new government announcement on Wednesday, the gas prices have been increased by almost three times for public and private power
Load-shedding rises as power plants suffer gas crisis
The countrywide load-shedding of electricity has been rising because of a huge gas shortage that has led to a significant fall in power generation. Bangladesh Power Development Board's official data shows that the country had to resort to 1,500 MW of load-shedding on Sunday while there was a forecast of a
Nasrul to businesses: Stop talking about rental power plants
State Minister for Power, Energy and Mineral Resources Nasrul Hamid has urged the businesspeople to stop commenting on rental power plants as he ruled out any reduction in power tariff. “They (businesses) should talk about uninterrupted and quality power supply at affordable price…from which kind of plants they are getting electricity
Coal-fired power plants can ruin Ctg
Chattogram division is at high risk of being one of the world's largest carbon catastrophes, said speakers at the launch of a study yesterday. Once all the coal-fired power plants come into operation in the division, they will have disastrous consequences for the local ecology and waterways, communities and livelihoods, health
PM to open five power plants on Sept 12
Prime Minister Sheikh Hasina is expected to inaugurate five power plants, having a total of 879 MW electricity generation capacities, on September 12. "Prime Minister Sheikh Hasina will inaugurate these power plants through videoconferencing from her official Ganabhaban residence at 10am on that day," Saiful Islam, a director (public relations) of
