ADB Approves USD 175m Loan to Expand Electricity in Chattogram Hill Tracts

The Asian Development Bank (ADB) has sanctioned a USD 175 million concessional credit to broaden access to dependable and economical electricity within Bangladesh's Chattogram Hill Tracts, aiding in boosting incomes,

Energy Price Hike Won't Hit Market Hard, Says PM’s Adviser

Prime Minister’s Information and Broadcasting Adviser Dr. Zahed Ur Rahman stated on Saturday that the government does not anticipate the recent hike in electricity and fuel prices to trigger a

Govt Inks Deal with 12 IPPs for 918 MW Power

The government has signed contract with 12 independent power producers (IPPs) to generate 918-MW electricity at an average cost of 7.80 cents (Tk 9.12) per kilowatt-hour, with officials saying amount

No Power Deficit against Demand, Capacity Hits 32,332 MW: Minister

Power, Energy and Mineral Resources Minister Iqbal Hassan Mahmood informed Parliament on Thursday that Bangladesh currently faces no deficit in electricity generation capacity relative to demand. However, he acknowledged that occasional

PM Cuts Office Electricity Use by Half to Lead Energy Savings Drive

Prime Minister Tarique Rahman has taken a personal lead in the national effort to conserve energy by cutting electricity consumption in his own office at the Bangladesh Secretariat by half. Upon

Adani Deal Overspending Poses Economic Risk: National Review Committee

The National Review Committee (NRC) has revealed that the power purchase agreement with India's Adani Power is costing Bangladesh hundreds of millions of dollars in excess payments annually. This, the committee