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Tags : energy sector


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Govt should overhaul power, energy sector policies

THE misuse of three special energy funds — set up with money set aside from gas and electricity sales every month to reduce power and energy sector expenses by investing in least cost power production, natural gas exploration and production and energy efficiency — tells how the Awami League government, toppled in a mass uprising in August 2024, breached laws...

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ENERGY SECTOR: Govt moves termed AL’s carbon copy

Some of the steps taken in the power and energy sector by the interim government are carbon copies of the actions of the immediate past fascist Awami League regime, aimed at perpetuating the reign of the syndicate of looters and corrupt, speakers said in a seminar on Wednesday...

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Govt should get out of unequal AL regime power deals early

AN ABSENCE of effective initiatives on part of the interim government, which assumed office more than five months ago, to rein in profiteers that the previous Awami League government had placed in the power and energy sector during its 15 years of authoritarian regime has rightly come to be criticised. Whilst the power plants set up by profiteers...

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AL crony keeps raking in abnormal profit

One of the Awami League cronies, who made it to the recently published White Paper on economy for raking in abnormal profit, continues to do so with its business monopoly as a commercial independent power producer, while paying less for years for the gas it uses in its plants.

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Energy sector destroyed to benefit AL cronies 

The immediate-past Awami League government manipulated the power and energy sector by all means possible to benefit its cronies, opening windows for them to pocket public money and...

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Merchant power policy on cards

The government is formulating a merchant power policy to unburden its power and energy sector liabilities...

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Suspension of foreign-funded projects slammed

Investors at a discussion expressed concern at the suspension of foreign-funded projects in the renewable energy sector and requested simplified project approval and tax incentives to...

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Indemnity law repeal comes first in power, energy sector reforms

A MAJOR way to reform the power and energy sector, which has plunged the economy into a serious crisis for the 15 years of the authoritarian regime of the Awami League, toppled on August 5, is to repeal the Quick Enhancement of Electricity and Energy Supply Act 2010 that has all along safeguarded actors and their action in the sector by keeping...

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