Nepal to export up to 50mw electricity to Bangladesh

Nepal will initially send 40-50 MW electricity to Bangladesh but promised to supply more after a big power project being implemented in the Himalayan nation will be completed, newly appointed Nepalese Ambassador Ghanshyam Bhandari said on Tuesday. PM's press secretary Ihsanul Karim told reporters that the diplomat made the comment when

TIB finds corruption worth Tk 390cr in 3 power projects

In a research study Transparency International Bangladesh (TIB) has allegedly found substantive corruption involving three power plants-two coal fired and one LNG-based-in the country. According to the TIB study presented on Wednesday, the corruption involved at least Tk 390.49 crore which was allegedly grabbed by government officials, local representatives and influential

Matarbari coal-fired power project gets costlier

The Executive Committee of National Economic Council (Ecnec) on Tuesday cleared the first revision of Matarbari 2X600 MW Ultra Supercritical Coal Fired Power Project, raising its cost by Tk 15,870 crore and extending the deadline up to December 2026 from June 2023. The approval came from the weekly Ecnec meeting held