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Power producers saw profits erode in FY23

Bangladesh’s economy has been facing tough times of late as sustained high inflation, hike in interest rates and massive devaluation of the local currency continue to plague the country. In this series, we take a look back at how various industries fared amid the crisis in fiscal year 2022-23. Here, in the sixth instalment of the series, we placed listed power generation
Bangladesh General Humayun Rashid Shahidul Islam Fahim Ahmed Chowdhury Asset Management Company Meghna Petroleum

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Denmark's $1.3 Billion Investment Proposal: Diversifying Bangladesh's Energy Landscape – Analysis

In November 2023, approval from the government was granted for Denmark's investment plan of $1.3 billion, aimed at establishing Bangladesh's inaugural offshore 500MW wind energy initiative. This milestone allows the project to progress to a thorough feasibility study, representing a substantial advancement in Bangladesh's shift towards sustainable energy. The green light
Bangladesh General Kutubdia Island Mozammel Hossain Habibur Rahman Cox Bazar Development Cooperation

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