Dhaka Thursday, Jun 4, 2026
- Electricity Prices Increased for All Consumers
- Price of 12kg LPG Cylinder Reduced by Tk 55
- Approval Given to Purchase Three LNG Cargoes
- Diesel, Kerosene Prices Cut By 50p For November
- AI Boom To Fuel Natural Gas Demand In Coming Years, Report Says
- Bangladesh signs €477m deals with EU and EIB for renewable energy and more
- The Current Oil Price Rally Is Reaching Its Limits
EB Reports
Size is not an issue but Bangladesh’s government has to toil hard to implement its planned Tk 3.41 trillion budget, economists say. The huge allocations proposed for education and health are commendable, they add, but the plans seem blurry in power and manpower. Finance Minister AMA Muhith presented his mega plans for the 2016-17 fiscal in Parliament on Thursday. It relies heavily on VAT for funding large expenditures and raising... »
The government today set the target of GDP growth rate to be 7.2 percent as Finance Minister AMA Muhith placed the proposed budget for the 2016-2017 fiscal. “Taking all (indicators) into consideration, we have set GDP target at 7.2 percent for the next fiscal year,” he said as he placed the proposed budget for 2016-2017 in Jatiya Sangsad. Muhith said a number of private sector investment indicators posted positive changes... »
According to the proposed budget, the government is likely to reduce the duty on bottled Liquefied Natural Gas (LPG) to encourage its domestic use. To encourage the usage of renewable energy, the duty on solar system is also to be declined. On the other hand, coal price of Barapukuria is about to be increased. Finance Minister AMA Muhith proposed a budget with an allocation of Tk 150.35 billion for the country’s power and energy... » 
Finance Minister Abul Maal Abdul Muhith presented the budget on Thursday afternoon – the third one from the incumbent government. The new budget is equivalent to 17.37 percent of Bangladesh’s GDP, which is Tk 19.61 trillion. The current FY budget represented 17.2 percent of the GDP. In the new budget, Tk 1.17 trillion has been earmarked for development expenditure, including Tk 1.11 trillion for the Annual Development Programme (ADP). Non-development... » 
The government has allocated Tk 15,036 crore in the proposed budget in fiscal year 2016-17 for the development of power and energy sector. Finance Minister AMA Muhith made the proposal while placing the budget for the next financial year before the parliament on Thursday . AMA Muhith said “We have targeted to raise electricity generation by additional 16,086 MW by 2021. To achieve this target, installation of 29 power plants... »
The Parliament Secretariat Commission today approved an estimated budget of Taka 295.26 crore for the Jatiya Sangsad (JS) for the fiscal year 2016-2017. The approval came at the 27th meeting of the commission held at Jatiya Sangsad Bhaban this afternoon with Deputy Speaker Md Fazley Rabbi Mian in the chair. Member of the commission Prime Minister and Leader of the House Sheikh Hasina attended the meeting. The commission endorsed an... »
The government is likely to allocate around Taka 15,000 crore for the power and the energy sectors to implement as many as 88 projects in the next Fiscal Year (FY) beginning on July 1 this year. “We have placed a proposal for Taka 14,951.09 crore before the national budget for 2016-2017 to implement various projects in the power and the energy sectors,” a senior official of the ministry of Power,... »
The government will conduct an opinion survey on power supply to households in order to ensure its’ position on quality of services on electricity supply. Bangladesh Energy and Power Research Council (BEPRC) Chairman Dr Ahmed Kaikaus and Bangladesh Bureau of Statistics (BBS) Director General Mohammed Abdul Wazed Sunday signed a Memorandum of Understanding (MoU) on behalf of their respective organisations to conduct the survey. Prime Minister’s Power and Energy Adviser... »
State Minister for Power, Energy and Minerals Nasrul Hamid today underscored the need for continue united efforts for expansion of renewable energy. “Technology related to the renewable energy will be available and within reach if investment is made properly,” said the state minster. Nasrul Hamid said this while addressing at the plenary session titled “The global status quo: challenges and opportunities” held at the concluding session of the 16th Doha... »
Qatar has expressed willingness to engage with Bangladesh on “energy cooperation including LNG imports from Qatar, knowledge sharing, technology transfer,” the embassy of Bangladesh said in a statement yesterday. Bangladesh’s State Minister for Power, Energy & Mineral Resources Nasrul Hamid paid a courtesy call on HE the Minister of Energy and Industry Dr Mohamed bin Saleh al-Sada in Doha yesterday. The two ministers discussed a host of issues including LNG... »