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Tags : Power


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Power Grid declares no dividend

Power Grid Bangladesh PLC, the state-owned power transmission company, announced that it will not pay any dividend to shareholders for the financial year 2023-24...

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2,650 cos turned into ICT powerhouses: BASIS

The Bangladesh Association of Software and Information Services has led a remarkable transformation in the country’s ICT sector evolving from just 18 members in 1998 to over 2,650 thriving national business organisations today, said its administrator Muhammad Mehedi Hasan on Saturday...

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PDB plans to cut cost by Tk 10,000cr in FY25

The interim government has come up with a plan to reduce power sector expenses by Tk 10,000 crore while energy experts term the plan impractical, saying that a right intervention could save Tk 30,000 crore overnight.

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LA faces new peril as dangerous gusts forecast

Powerful winds forecast for Wednesday threatened to whip up massive fires still burning around Los Angeles, possibly worsening an inferno that has killed at least 25 people...

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Seminar on captive power generation held

Bangladesh University of Engineering and Technology has hosted a seminar titled Captive Power Generation for Industries in Bangladesh – Overview and Recommendations at the council building on BUET campus in Dhaka recently...

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Govt should, rather, improve efficiency and end corruption

PETROBANGLA’S proposal seeking an increase in gas prices supplied to industries and captive power plants by 152 per cent and 140 per cent respectively, which the government says is unpleasant and unavoidable, is worrying in that industrialists say that such a move would increase production cost that will eventually fall on consumers. Whilst the...

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‘Dam’ disregard deepens downstream discontent

WATER disputes between nations frequently emerge from managing shared hydrological resources, mainly when an upstream riparian state exerts control over the source and implements large-scale infrastructural initiatives that may disrupt downstream flow dynamics. India’s extensive hydropower projects on the River Brahmaputra and...

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Transforming power sector for net zero

AS 2025 dawns, Bangladesh is shaping up its commitment to cut emissions under the Paris Agreement. While the South Asian country is trying to bring its economy and governance back on track, the moment is ripe to drive a major reorientation in the country’s energy and power sector. Reforms are critical in this particular sector as its future...

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Looking back 2024: Energy sector crisis keeps growing

The power and energy sector is set to give the interim government a rough ride in 2025 with its financial burden growing even bigger, mainly due to further increase in power overcapacity and capacity charge. 

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Compromised diet likely to make lasting, adverse effect

A LOW intake of animal protein by the large majority of people because of serious erosion in their purchasing power consequent on persistent high inflation is worrying. High inflation, which has remained more than 10 per cent for months, has pushed many people below the poverty threshold while the number of extreme poor has increased. Inflation...

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Summer power supply looks bleak

The country’s power supply outlook for the next summer remains bleak with energy experts suggesting that optimum use of coal power capacity should be the core of the power generation plan to tackle the situation.

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Baraka Patenga declares 2pc cash dividend

The 14th annual general meeting of Baraka Patenga Power Limited, the second power plant of Baraka Group, was held online in combination with physical presence at Hotel Royal Mark in Sylhet recently.

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France activates most powerful nuclear reactor

France on Saturday connected its most powerful nuclear power reactor to the national electricity grid in what leaders hailed as a landmark moment despite years of delays and technical setbacks.

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Nine killed in Vanuatu quake

Rescue teams dug for survivors trapped in crumpled buildings in the Pacific nation of Vanuatu on Wednesday after a powerful earthquake killed at least nine people, burying some in rubble and landslides...

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Rezaul joins BIPPA as president

KM Rezaul Hasanat has been elected president of the Bangladesh Independent Power Producers’ Association recently, said a press release...

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Lankan anti-corruption agenda gets boost

SRI Lanka’s president Anura Kumara Dissanayake’s statement that the government will not permit the erosion of its mandate for accountable government in the context of the resignation of the speaker of the parliament is on track with the promises made during the course of the elections that brought the National People’s Power to power. The president...