The government-run Tongi 105-megawatt power station did not produce a single watt of electricity in 2017-18, 2019-20, 2020-21 and 2021-22. In the whole year of 2018-19,
Bangladesh Energy Regulatory Commission fixes price of liquefied petroleum gas every month, but consumers buy the key fuel at a higher price due to non-compliance by importers, distributors, and retailers.
The much-awaited Rooppur nuclear power plant is coming along at more or less the expected pace but the country has to wait longer to enjoy the benefits as the power evacuation facility from the plant would not be ready on time.
The deadline for the “Installation of Single Point Mooring (SPM) with Double Line” project will be extended for the fourth time with the cost to be raised by around Tk 1,000 crore, or 15 percent, according to the Planning Commission.
The plans to finalise a system to automatically synchronise domestic fuel prices with international ones from September may get delayed.
With local gas production on the wane, import dependency in the power and energy sector is on the rise, in what can be viewed as a threat to national energy security, according to experts.
Though the government has allocated a large amount of subsidy to the power sector, it is unable to disburse the amount as per demand due to narrow fiscal space.
Aiming to safeguard intellectual property rights, the government is going to increase the punishment for violating copyrights, with more specific definitions and the inclusion of some new provisions.
Says IMED in a report on the power sector
Amid a cost of living crisis, providing cash support to the poor and endeavouring to tame inflation would be the logical actions. But the government is not toeing that line.
Of the 153 power plants in the country, 49 are operating at capacity, which explains the ongoing power outages amid the searing summer heat.
With the country’s biggest power producer, Payra Power Plant, temporarily closing yesterday, the government is now looking at plants that are doing dry runs to ease load shedding.
Nobody knows exactly when the power cuts will end
As the current heatwave gets worse, the country’s power shortage shows no signs of improvement.
There was a time not so long ago when Bangladesh Film Development Corporation was abuzz with various activities -- from shooting films to dubbing and editing.
The budget almost halved the allocation for the energy sector and proposed a flat import duty of Tk 13.75 for each litre of 11 imported refined petroleum products instead of the current 15 percent VAT and 5 percent advance tax on import.
Power cuts are likely to increase in June as the dollar crisis, fuel shortage and maintenance work leave around 45 percent of the country’s power generation capacity unutilised at a time when the mercury is rising again.
Karnaphuli Gas Distribution Company Ltd (KGDCL) has severed gas connection of a Regent Power plant in Chattogram as the plant owes it Tk 8 crore in bills.