The budget for fiscal 2020-21 is said to be one of the most challenging financial bills in Bangladesh's recent history. The severe fiscal constraints confronted by the government due to the pandemic would make it difficult to implement the budget as per target. It is expected that...
Bangladesh has joined the hydrogen energy race by setting up of a research centre and a pilot processing plant. The project is part of the government’s larger effort to diversify the country’s energy mix, which is still largely dependent on gas and coal.
Hydrogen...
Bangladesh expects a bigger inflow of foreign direct investment in the days to come as different nations plan to relocate their factories to countries like Bangladesh to bring down cost amid a cash crunch caused by the pandemic, said Commerce Minister Tipu Munshi yesterday. In 2019, the...
U.S. clean-energy startup, Commonwealth Fusion Systems, raised an additional $84 million from major investors in Europe and Asia, underscoring that the appetite remains to back new technologies which could mitigate climate change.
As the world looks to ramp up the use of intermittent renewable energy, it needs to add...
বিদ্যুৎ জ্বালানি ও খনিজসম্পদ মন্ত্রণালয়ের তথ্য অনুযায়ী বর্তমানে দেশের ৯৭ শতাংশ মানুষ বিদ্যুৎ ব্যবহার করতে পারে। বাকি তিন শতাংশের কাছে আসছে ডিসেম্বর মাস অর্থাৎ এই মুজিব বর্ষেই সরবরাহ নিশ্চিত করার পরিকল্পনা রয়েছে সরকারের। বিদ্যুৎ জ্বালানি ও খনিজ সম্পদ প্রতিমন্ত্রী নসরুল হামিদ জানিয়েছেন, সে লক্ষ্য বাস্তবায়নে কাজ করছে...
State Minister for Power, Energy and Mineral Resources Nasrul Hamid has urged Chinese companies to make more investment in different segments of power sector. He made the call through a videoconference while addressing the signing ceremony of two companies—NWPGCL from Dhaka and CMC from Beijing—to form a...
Electricity bill shocks are now spilling over to prepaid meter users as well even though it was a concern for postpaid meter users only for the last few months amid Covid-19. Many prepaid meter users of Dhaka city have come up with complaints of ghost electricity bills...
HSBC Bangladesh has arranged the first sustainability-linked loan in Bangladesh as it lent $118 million (Tk 1,000 crore) to Square Group to advance its renewable energy ambitions. Under the arrangement, the credit terms of the existing working capital facility offered to Square Group will be linked to...
Bangladesh is set to see a rising volume of waste from solar photo-voltaic panels in the coming years, which in the absence of absence of proper disposal and management pose risks to the environment and humans. By 2041, the country will produce more than 0.748 million tonnes...
The government has finally issued guidelines on how solar-powered irrigation system owners can be paid for exporting power back to the grid. However, for those who expect to have to use grid power to augment solar from time to time, there could be a sting in the...