Cronyism dominated power sector under Awami League
Bangladesh’s power sector was long dominated by political influence, muscle power, and artificial crises designed to benefit a handful of companies during the deposed Awami League regime, said KM Rezaul Hasanat David, president of the Bangladesh Independent Power Producers’ Association (BIPPA).
18 October 2025, 18:47 PM
Private firms can now sell renewable power directly to customers
New policy removes state-run Power Development Board (PDB) as the sole buyer and seller from the process
13 October 2025, 18:00 PM
Gas supply declining despite higher LNG imports
The country’s overall gas supply dropped further last fiscal year, despite higher LNG imports, due to a continued decline in domestic production.
10 October 2025, 18:26 PM
Most fertiliser plants starved of gas
The govt needs to import as much as 50 percent of the country's annual urea demand
6 October 2025, 18:10 PM
World Tourism Day: Tourism potential remains untapped
Despite its rich culture, diverse landscapes, and vibrant biodiversity, Bangladesh’s potential as a tourist destination remains underutilised, for which tour operators blame poor branding and inadequate infrastructure.
26 September 2025, 20:16 PM
Costs of 2 new metro lines set to soar
Taka devaluation puts strain on projects; govt in talks with Japan to adjust terms to keep them affordable
19 September 2025, 18:27 PM
Shibir’s quiet groundwork pays off
Patience, discipline, and long-term planning turned the tide for Islami Chhatra Shibir, delivering a Ducsu triumph once considered a pipe dream for the student front of Jamaat-e-Islami.
10 September 2025, 22:16 PM
Hopes run high as DU goes to vote today
The much-anticipated Ducsu and hall union elections are set to be held today after a six-year pause, bringing renewed hope for campus democracy.
8 September 2025, 18:05 PM
Major gas price hike in the works for industrials
Industrial and captive power connections would soon have to pay a much higher tariff for gas usage after the ministry of power, energy and mineral resources decided in principle to implement a new pricing structure to reflect the fluctuating global market.
6 January 2025, 18:00 PM
15Th amendment to constitution: HC scraps part that abolished caretaker system
In a landmark verdict, the High Court yesterday scrapped a part of the 15th amendment to the constitution that abolished the non-partisan caretaker government system.
17 December 2024, 20:46 PM
Offshore gas exploration fails to attract foreign firms
Seven global oil and gas companies purchased tender documents for gas exploration in the Bay of Bengal, but none submitted the papers within the deadline, which ended yesterday.
9 December 2024, 18:00 PM
No foreign firm shows interest in Bay of Bengal gas exploration
Seven purchased tender documents, but none submitted papers finally
9 December 2024, 12:48 PM
Reliance on captive power weakens PDB
Captive power, which the industrial sector in Bangladesh leans on heavily, has been weakening the financial health of the Bangladesh Power Development Board (PDB) by costing it customers that pay the highest tariffs.
4 December 2024, 18:00 PM
Summit, Petrobangla disputing $22m bill
Summit has run into a payment dispute with Petrobangla over a $22 million bill for the four months its floating LNG terminal was out of commission as a result of damages from cyclone Remal.
3 December 2024, 18:35 PM
$234 billion siphoned off during AL rule
A total of $234 billion was siphoned off from Bangladesh between 2009 and 2023, according to the white paper on the state of the economy.
1 December 2024, 22:30 PM
The first night of curfew and a surprise ‘abduction’
It was a clear moonlit night. There was a slight breeze. An eerie quiet blanketed the streets.
29 November 2024, 18:00 PM
$14b a year lost to capital flight during AL years
Bangladesh has lost around $14 billion a year on average to capital flight during the Awami League’s 15-year tenure, according to the draft report of the committee preparing a white paper on the economy.
28 November 2024, 18:41 PM
Nagorik committee: Members split over ex-Shibir leader joining
Jatiya Nagorik Committee has included a former top leader of Islami Chhatra Shibir in its extended central committee, ignoring objections from a section of committee members.
26 November 2024, 18:25 PM
Power, Energy Sector: Arrears, subsidies weighing down govt
The interim government is struggling to pay the power bill arrears that were caused largely by “unfair” contracts signed between the previous administration and power producers, and rising international fuel prices.
22 November 2024, 18:08 PM
Now coal power plants scaling back production
Coal-fired power plants are dialling down production or even shutting down due to financial, legal or technical issues, leading to power cuts across the country, especially the rural areas.
3 November 2024, 18:00 PM
Outstanding bills: Adani halves power supply to Bangladesh
India’s Adani Power Jharkhand Limited has halved its power supply to Bangladesh, saying it has yet to receive outstanding bills.
1 November 2024, 18:02 PM
Heatwave cost Bangladesh $21b last year
Heat exposure had severe economic consequences for Bangladesh last year, leading to an estimated income loss of $21 billion due to reduced labour capacity, according to the latest Lancet Countdown report.
31 October 2024, 18:10 PM
AL govt put finance adviser, BB governor in legal trouble
The immediate past Awami League government’s failure to settle an international arbitration claim has left Bangladesh in a legal tangle in the US, leading to a surprise judicial order against two top officials of the interim government during their official visit to Washington last week.
29 October 2024, 18:20 PM
‘They got capacity charges for 16yrs. Not anymore’
A retired bureaucrat, Muhammad Fouzul Kabir Khan has been tasked with heading three significant ministries for the economy: power, energy and mineral resources; road transport and bridges; and railways.
25 October 2024, 18:00 PM
IMF slashes growth forecast to 4.5 percent
After the World Bank, the International Monetary Fund has now brought down Bangladesh’s growth forecast for this year as political uncertainty, industrial unrest and floods weigh heavily on economic activities.
22 October 2024, 18:09 PM
Proposed policy reforms conducive to business confidence
The policy reforms being considered in Bangladesh will not only improve its business climate, but also increase foreign investment in the country, according to the top official of Excelerate Energy.
22 October 2024, 18:00 PM
Price hike of essentials: Govt plans to sell vegetables through OMS
The government plans to sell some vegetables at subsidised prices for the low-income groups as part of a pilot project in the capital.
13 October 2024, 18:24 PM
LPG importers demand probe into 2 vessels
Two vessels anchored in Chattogram port last week to unload about 70,000 tonnes of liquefied petroleum gas by misreporting the country of origin of the product, said the LPG Operators Association of Bangladesh (LOAB).
11 October 2024, 18:34 PM