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Shahnaj Begum

Power, Energy Division struggling to pay arrears

Shahnaj Begum

The Power, Energy and Mineral Resources Division is now struggling to make payments to Independent Power Producers, power exporters, LNG suppliers - both long-term and spot sellers - against purchases due to a brewing currency crisis that poses a risk of halting supplies, said sourcesThe interim government has sought an additional $6 billion to manage ...

Renewable Energy Projects

Experts fear scrapping letters of intent may slow down energy transition process

Shahnaj Begum

Energy experts have said that the interim government plans to scrap 31 Letters of Intent (LOIs) issued for renewable energy (RE) projects may slow down the energy transition process and will adversely affect foreign investments in the country.They urged the interim government to prepare short term, mid- term and long term policy to continue the ...

Govt decides to cut fuel price in Sept

Shahnaj Begum

The interim government has decided to decrease the price of liquid fuel TK 5 to Tk 1.75 in September to tighten the belt over inflation."The price of octane and petrol would decrease by TK 5 to 10 per liter and the price of kerosene and diesel would be slashed by TK 1.50 to 1.75 per ...

Anti-Discrimination Movement

UN team due today to discuss probe framework of killings

Shahnaj Begum

A three-member UN fact-finding mission will arrive in Dhaka today (Thursday) to start its primary work for investigating the killings and atrocities that took place during the recent student protests.This will be the first time the UN is sending a fact-finding mission to Bangladesh since its independence in 1971 to investigate widespread human rights abuses ...

Foreign Adviser briefs envoys, mission heads today

Shahnaj Begum

Interim government's Foreign Affairs Adviser Md Touhid Hossain will brief the diplomats, head of missions and development partners today (Monday) on the current issues.This will be the maiden briefing of the Foreign Adviser after the formation of the interim government led by Chief Adviser Prof Muhammad Yunus."We have sent the invitation letters to the 70 ...

World Tiger Day

Tiger population in Sundarban rises by 8-10pc in 2024

Shahnaj Begum

Tiger (big cat) population has increase in the Bangladesh portion of the Sundarban, marks eight to ten per cent jump in 2024, as the conservation efforts involved the local communities to conserving tigers, abolish their previous mentality of enmity against tiger.According to the last survey conducted in 2023-24, the number of tigers in Bangladesh's Sundarban ...

India seeks power corridor thru Parbatipur to link Bihar, Assam

Dhaka-Delhi talks on the issue on July 18

Shahnaj Begum

India seeks power corridor thru Parbatipur to link Bihar, Assam

Bangladesh and India are set to finalise the issue of "corridor" to supply electricity from Katihar, Bihar to Bornagar of Assam through Parbatipur in Dinajpur of Bangladesh under the 765 KV high- power interconnection transmission line project.Earlier, Bangladesh and India have primarily agreed to construct a cross-border power transmission line to connect four neighbouring countries ...

Southern region uplift, elevating ties to figure in Xi-Hasina talks

Dhaka to seek $20b fresh loan

Shahnaj Begum

Southern region uplift, elevating ties to figure in Xi-Hasina talks

Chinese support for the Southern Integrated Development Initiative (SIDI) centring the Payra Port in Patuakhali, a fresh loans amounting to $20 billion, announcement on starting negotiations for a free trade agreement, financial assistance to meet the budget deficit, strengthening political ties between the two countries and elevated Bangladesh-china relationship from "strategic partnership" to "comprehensive strategic ...

$400m syndicated loan from 3 multinational banks for BPC to face fuel, energy supply challenges

Shahnaj Begum

The country is facing serious challenges to ensure fuel and energy supply as debt-dependent "finance management system" makes foreign trade fragile, which also affected countrys other important imports due to high expense of fuel imports, experts opined.The issue once again has come to surface as the Energy Division has finalised a loan deal in recent ...

India to send team to explore Teesta management project earlier China pledged to help

Shahnaj Begum

India Prime Minister Narendra Modi announced on Saturday after a bilateral meeting Bangladesh Prime Minister Sheikh Hasina that India is sending a technical team soon to Bangladesh for the proposed Teesta River conservation and management project."For the conservation and management of Teesta River in Bangladesh, a technical team will visit Bangladesh soon," Narendra Modi said.Teesta ...