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Power tariff hike on cards

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BERC technical panel suggests 4.84pc rise The technical evaluation committee of Bangladesh Energy Regulatory Commission yesterday recommended increasing power prices by 4.84 percent at retail level to reduce subsidy burden on the state-run electricity distribution company. The recommendation came after a public hearing on Power Development Board's November 11 proposal to the commission for hiking […]

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$500m first-phase loan finalised; interest rate comes down Bangladesh and Russia will sign a $500 million deal in January to complete the pre-construction phase of the nuclear power plant to be set up at Rooppur in Pabna. “The first-phase deal on Russian loan is expected to be signed during Prime Minister Sheikh Hasina’s Moscow visit […]

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Bangladesh’s solar success, one of the poorest countries on earth, a renewable energy company, Grameen Shakti, is busy installing nearly 1,000 solar home systems each day. It turns out all that small solar has achieved something quite big. In November Grameen Shakti hit 1 Million Solar Home Systems (SHS) installed. The company’s milestone reinforces a […]

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Prime Minister Sheikh Hasina on Thursday announced that the government will build another nuclear power plant in the Southern region of the country after the Rooppur nuclear power plant. “In future, we’ll build another power plant in the Southern region of the country,” she said while addressing a function after inaugurating six highly sensitive scientific […]

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Manjurul Ahsan The Power Development Board on Wednesday proposed to raise the bulk rate of electricity by 50 per cent which would affect retail consumers significantly, officials said. The proposal was submitted to the Energy Regulatory Commission the day before the finance minister AMA Muhith placed his budget proposals for next fiscal suggesting power price […]

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