THIS is unfortunate that the capacity charge 鈥� the money that the Power Development Board pays power-sector investors even when the plants do not produce electricity, with an aim to cover the loans that the plants receive, along with interests, salaries of the employees and returns on the equity 鈥� continues even after the political changeover of August 5, 2024, with the...
The Summit and Unique groups are among the three power companies who have been asked by the Bangladesh Power Development Board to pay more than Tk 50 crore in liquidity damage.
INDIAN nationals occupying almost all top positions at the Bangladesh India Friendship Power Company that runs a 1,320MW coal-based power plant at Rampal, Bagerhat and drawing heftier salaries and benefits than their peers is surprising. According to a financial review by the Bangladesh Power Development Board, 32 of the top 40 positions are occupied by Indians...
Indian nationals working at the Bangladesh India Friendship Power Company are drawing an average monthly salary of more than Tk 10 lakh, revealed a financial review by the Bangladesh Power Development Board.
The Bangladesh Power Development Board did not pay last two months鈥� bill to the Barapukuria coal mine company for the coal bought to run the Barapukuria coal power plant, citing excessively high price.
The Bangladesh Power Development Board has again extended the deadlines for its three tenders floated to build solar power plants with capacities between 10MW and 100MW as no proposals have so far been received from potential investors...
The interim government has come up with a plan to reduce power sector expenses by Tk聽10,000 crore while energy experts term the plan impractical, saying that a right intervention could save Tk 30,000 crore overnight.
The government offering entrepreneurs land and interconnection to the national grid for a rapid expansion of solar energy is welcome. The Power Development Board is also scheduled to, as the energy adviser announced on December 7, begin open calls for 40 renewable energy projects, mostly for solar power. The Awami League government...
The Bangladesh Power Development Board owed Tk 44,338 crore to power producers at the end of the last fiscal, as the national power company could clear only half of its dues to power producing companies.
The 鈥榩iece rate鈥� workers of Bangladesh Power Development Board on Wednesday demanded regularisation of their jobs.
The coal-based 1,224MW Banshkhali power station, owned by the controversial S Alam group, realised up to more than double the amount received by its peers in capacity charge payment in the 2023鈥�24 financial year, revealed data obtained from the Bangladesh Power Development Board...
The Bangladesh Power Development Board estimated that it owed to the Indian Adani Power $547 million, about 32 per cent less than what was claimed by the company, a sister concern of the...
Engineer Md Rezaul Karim will take charge as the 39th chairman of Bangladesh Power Development Board today, said a press release on Saturday...
THE likely increase in the losses of the Bangladesh Power Development Board by almost 200 per cent in 2025 suggests a deplorable absence of measures to amend the power policy, which is burdened by, among others, an abnormal level of overcapacity and an absurd capacity charge system...
Bangladesh鈥檚 power and energy sector is set to downslide further with the budgetary measures announced this month, ignoring the need to make amends that could have...
The cabinet committee on government purchase in a meeting on Tuesday approved a proposal to import 40 megawatt hydro power from Nepal through India...
Finance minister Abul Hasaan Mahmood Ali on Wednesday said that the government would clear arrears on power purchases from the Adani Group of India...
Bangladesh Power Development Board owes Tk 33,108 crore to different power generation companies, both public and private, including...
PROGRESS in the renewable energy sector, which has even failed to take off in 16 years since the adoption of the renewable energy policy in 2008, has been mired...