Power & Energy
Power & Energy
Hasina ran away keeping over Tk 79,000 cr liability for PDB
Zarif Mahmud: In the last 15 and a half years of the Awami League government, more emphasis was placed on increasing the power generation capacity. Although the electricity production capacity stands at 27,791 megawatts, not even half of it is actually being used. Yesterday, 45 centers were completely or partially…
Read More »Adani now seeks 30pc hike in coal prices
Special Correspondent: India’s Adani Group is strategically profiting from its electricity sales in Bangladesh, despite receiving duty and tax exemptions in India. The company is charging high capacity fees and is now pushing to price low-grade coal at the rate of high-grade coal. Adani Power is demanding at least a…
Read More »Pvt power plants gain 35pc profit boost
Capacity charges in dollars Mahfuz Emran: From May 2022, the official devaluation of the taka against the dollar began. At this time, the dollar exchange rate increased from Tk 86 to Tk 120. The impact of this devaluation of money has directly affected the power sector. Capacity charge of private…
Read More »Titas MD Harun allegedly grabbed Tk 450 cr in 3-yr
Staff Correspondent: Gas distribution company Titas is an arena of bribery and corruption. And at the center of these irregularities are some top officials including the managing director (MD) of the company. A large number of senior officials have faced the Anti-Corruption Commission (ACC) after leaving the institution. Harunur Rashid…
Read More »Gas system losses cost $1 b a year
Special Correspondent: Annual gas system losses in Bangladesh amount to around $1 billion, according to the country’s leading experts.They explained that a significant quantity of gas is wasted in cities and other areas across the country each year due to faults in transmission lines. These losses are accounted for as…
Read More »Writ filed seeking probe into Rooppur scam against Hasina
Staff Correspondent: A writ petition was filed with the High Court yesterday, pleading for the court’s direction on the Anti-Corruption Commission (ACC) to probe allegations against ousted prime minister Sheikh Hasina, her son SajeebWazed Joy and niece Tulip Siddiq of embezzling Taka 60,000 crore from Rooppur Nuclear Power Plant through…
Read More »PDB incurs yearly Tk 15,000cr loss
Power contract with Adani Staff Correspondent: During the Awami League government, Bangladesh signed an agreement with India’s largest industrial group Adani to build a coal-fired power plant with a capacity of 1,498 MW. According to the agreement, the Bangladesh Power Development Board (PDB) will buy electricity from this plant built…
Read More »Nasrul accused of looting power sector
Staff Correspondent: Nasrul Hamid Bipu served as the state minister for Power for a long time during the Awami League government. He has built a huge syndicate of irregularities and corruption in the power sector while serving for a long time. Former Minister of State for Power Bipu himself has…
Read More »Country grapples with blackout concerns
40,000 holiday applications in REB Mahfuja Mukul: The agitating officers and employees of 80 Palli Viddyut Samiti gave a 72-hour ultimatum to implement the two-point demand of regularizing the jobs of contractual and irregular workers by merging the Rural Electrification Board and the Palli Viddyut Samiti and implementing the two-point…
Read More »Over Tk 1.36 tr sucked thru’ capacity charge
Zarif Mahmud: In the last 15.5 years, power plants have been constructed one after another in the private sector. The construction cost of these power plants, which are licensed without tenders, is considered arbitrary. Again, up to 75 percent of the construction cost is taken from bank loans, which are…
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