Mr. Alamgir Morshed joined Infrastructure Development Company Limited (IDCOL) as the new Executive Director and CEO on March 27, 2022. Prior to this appointment, Mr. Morshed was the MD & Head of Financial Institutions, Standard Chartered Bank Bangladesh. As a seasoned banker, Mr. Morshed over a span of more than 26 years held various senior positions. He headed bank’s Commercial Banking and Global Banking divisions supporting the local corporate clients,... »
The government’s next challenge is to ensure uninterrupted electricity at an affordable price for all, said State Minister for Power, Energy and Mineral Resources Nasrul Hamid today. “Now, we’ll all work to ensure uninterrupted electricity at affordable tariff,” he said while exchanging views with reporters after Power Division received “Independence Award 2022” from the government. The Power Division was given the Independence Award 2022 for successfully bringing 100 percent of... »
State minister for power, energy and mineral resources Nasrul Hamid on Monday said that the government had no plan to raise the tariffs of power and energy at this moment. ‘We’re trying to keep the situation stable through providing subsidies. But if any big change comes from the international perspective, then a decision may come from the government to raise the prices,’ he said. Nasrul was addressing a Meet the... »
Bangladesh has sought Indian support for the trilateral cooperation in hydropower energy among Bangladesh, Bhutan and India. Bangladesh High Commissioner to India Muhammad Imran made the request when he made a courtesy call on Raj Kumar Singh, India’s Minister of Power and New & Renewable Energy today. As Bangladesh looks towards green sources of energy, it has been speaking of regional hydropower cooperation, especially among Bangladesh, India, Nepal and Bhutan.... »
Bangladesh’s economy grew 6.94 percent in fiscal 2020-21, according to the final data published by the nation’s statistical agency. The growth figure exceeded the government’s provisional estimate of 5.43 percent for the year. Gross national income per capita has also increased to $2,591 in FY21 from $2,326 a year earlier, Planning Minister MA Mannan said on Tuesday, sharing data from the Bangladesh Bureau of Statistics in Dhaka. The size of... »
Police have recovered the body of a Russian national working on the nuclear power plant project under construction at Rooppur in Ishwardi upazila of Pabna. His body was recovered from a room in a multi-storey building of the foreigners’ housing project Green City at Rooppur in Natunhat of Iswardi upazila on Sunday (February 6) afternoon. So far five Russian nationals working on the Rooppur project died in eight days. Ishwardi... »