Tk 916 Crore Overspending on Coal Purchases
Tk 916 Crore Overspending on Coal Purchases

The authorities overseeing the Matarbari Thermal Power Plant in Coxs Bazar, Bangladeshs largest and most expensive coal-fired power plant, have come under scrutiny for allegedly overpaying for coal. The government is now facing an additional cost of 916 crore 44 lakh Taka. Meghna Group has been...

Tax exemption for renewables: PDB to set more solar power plants
Tax exemption for renewables: PDB to set more solar power plants

Not only 10 projects, now the Power Division is contemplating to set up many more solar power plants as it received the NBRs notification for reinstating the tax exemption on such private investment, reports UNB. Power Division officials said it is now certain the number of solar projects is...

Hasina govt took unplanned high-cost dev projects in power-energy sector: Adviser Fouzul
Hasina govt took unplanned high-cost dev projects in power-energy sector: Adviser Fouzul

Power, Energy and Mineral Resources Adviser Muhammad Fouzul Kabir Khan has said that unplanned development projects were taken in the power and energy sector during Sheikh Hasina regime with implemention at a higher cost. In an exclusive interview this week, Fouzul said during former prime...

Continuous reforms in country's electricity and energy sector
Continuous reforms in country's electricity and energy sector

Since taking office, the interim government has implemented a series of reforms in the countrys electricity and energy sector within just two and a half months. During this time, the controversial Electricity and Energy Rapid Supply Act enacted by the ousted Awami League government has been...