Bangladesh has made significant progress in clearing overdue payments to India’s Adani Power for electricity supplied from the Godda thermal power plant, even as power imports from the plant continue without disruption, said a senior company official. Adani Power said Bangladesh is steadily paying off outstanding dues linked to the 1,600 MW Godda plant in Jharkhand, which supplies electricity exclusively to Bangladesh under a long-term agreement. Despite earlier concerns over... »
Power, Energy and Mineral Resources Minister Iqbal Hasan Mahmud has said that all quick rental power plants in the country have been retired. He said the government has taken various initiatives to promote renewable energy to ensure sustainable energy security in the long term. The minister made the statement on Monday while responding to a question from Chattogram-15 constituency lawmaker Shahjahan Chowdhury in the National Parliament. He said the government... »
Power, Energy and Mineral Resources Minister Iqbal Hasan Mahmud has said that the budget has been designed to make the power sector capable of gradually moving away from dependence on subsidies. Speaking to journalists after visiting the National Load Dispatch Center (NLDC) of the Power Grid Company of Bangladesh (PGCB), the minister said that greater allocation has been made to the energy sector because of the need for primary fuel,... »
Finance Minister Amir Khosru Mahmud Chowdhury today said that the government is working to increase electricity generation capacity to 35,000 MW by 2030 and ensure energy security by intensifying oil and gas exploration activities. “To meet the growing demand for electricity and ensure quality supply, the government is working to increase electricity generation capacity to 35,000 MW by 2030 and expand transmission lines to 25,000 circuit kilometres,” he said. While... »
The increase in electricity tariffs for marginal consumers has been withdrawn. The tariff hike for residential lifeline consumers using 0–50 units and 0–75 units of electricity has been canceled. As a result, electricity prices for these two categories of consumers will remain unchanged. The per-unit tariff will continue to be Tk 4.63 and Tk 5.26 respectively. The Bangladesh Energy Regulatory Commission (BERC) announced the new decision following requests from electricity... »
The Power Division has formally requested the Bangladesh Energy Regulatory Commission (BERC) to reconsider the newly announced electricity tariffs in order to reduce the additional burden on marginal and low-income consumers. It believes that the new tariff rate set for lifeline consumers is not fully consistent with the government’s social protection policy. The information was disclosed in a press release issued by the Ministry of Power, Energy and Mineral Resources... »
Under the latest decision of the Bangladesh Energy Regulatory Commission (BERC), electricity tariffs have been increased for all categories of consumers, including residential, agricultural, industrial, commercial, and other users. The price hike is expected to further increase monthly expenses for consumers already struggling with inflation. According to the new tariff schedule, electricity prices have increased by between 69 poisha and Tk 3.64 per unit, depending on the consumer category. As... »
The Bangladesh Energy Regulatory Commission (BERC) is set to announce new electricity tariffs just five working days after holding public hearings. The revised electricity prices will be announced on Wednesday afternoon. Public hearings were held on May 20 and 21. Afterward, there were only three working days before the Eid holidays. The new tariffs are being announced immediately after government offices reopened following the holiday. Never before have electricity tariffs... »