Next budget will be encouraging for private sector: Finance Minister
DHAKA, March 10, 2024 (BSS) - Finance Minister Abul Hassan Mahmood Ali today said that the upcoming national budget would
Source: bssnews.net
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Political will, efficiency essential to address energy crisis
With high energy prices biting both industries and domestic consumers, The Business Standard recently held a Focus Group Discussion on the prevailing energy crisis and how Bangladesh can resolve it. Demand based on unrealistic growth projections must be revised Dr M Tamim Professor, BUET As a tier-3 country, I do not see any scope for us to go beyond fossil fuels in a big way
Source: tbsnews.net
Energy sector was hobbled by dollar crunch in 2023. Will 2024 be any different?
The severe US dollar crunch hurt the electricity sector in Bangladesh most in 2023 as demand outpaced generation owing to lower imports of liquified natural gas and coal, leaving households and factories without power for hours during many summer days.
Source: thedailystar.net
Bangladesh's high sulphur oil imports to plunge further in 2024 amid fund crunch: S&P
Bangladesh is likely to import around 3.5 million tonnes of 180 CST HSFO in 2024, down about 9% from 2023
Source: tbsnews.net
Growing backlog in payments to independent producers a bottleneck in power sector
The payment mode in the government's power purchase agreement (PPA) with the private sector has mainly been made in foreign currency, especially the US dollar, according to official sources
Source: tbsnews.net