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...
Greatly varying capacity charges paid to power companies with similar capacities highlight a chronic ill practice by the past Awami League regime, sending Bangladesh鈥檚 economy into a tailspin.
Bangladesh paid over Tk 1 trillion in capacity charge to power plants during the 14 years of rule of the immediate-past and now ousted Awami League government until 2023...
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 overall subsidy in the coming national budget is likely to sustain over Tk 90,000 crore with more than one third to be spent for the power sector plagued with...