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Govt should renegotiate power deals early to save economy

THE capacity charge, which the government pays independent and rental power plants when they sit idle as a guarantee of returns on investment coupled with profits, is set to reach Tk 380 billion in the 2025 financial year.聽 This is a 46 per cent, or Tk 120 billion, increase on the capacity charge of Tk 260 billion that the government paid the power producers in the...

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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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Bangladesh govt asked to hire top int鈥檒 law firm for power deal review

The National Review Committee on the Ministry of Power, Energy, and Mineral Resources on Sunday requested the interim government to hire a reputed legal and investigative firm to assist in its review of major power generation contracts signed during the Sheikh Hasina regime between 2009 and 2024...

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HC order sought to cancel power deal with Adani

A Supreme Court lawyer on Wednesday filed a writ petition with the High Court seeking its directive for the government to review or terminate its power purchase agreement with India鈥檚 Adani Group...

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