Primary energy imports rise to 62.5 % Power generation costs surge by 83 % Renewables account for only 2.3 % generation Bangladesh’s reliance on primary energy imports rose from 47.7% to 62.5 % in four years, leaving the country exposed to volatile global fossil fuel markets. As a result, power generation costs have gone up ...
Electricity Prices Leap: Household, Agricultural, and Industrial Costs Set to Rise Average retail price increased by Tk 1.52 per unit Average price per kilowatt rose from Tk 9.11 to Tk 10.63 Additional cost of 69 poisha per unit for 17.5 million low-income families Fears of new pressure on production costs and inflation Retail electricity prices ...
The Bangladesh Energy Regulatory Commission (BERC) has once again significantly increased electricity prices in the country. Under the new announcement, electricity prices have been raised by an average of 16.68 percent at the consumer level and 19.85 percent at the wholesale level. At the same time, transmission charges have also been increased by approximately 24 ...
Residents of non-Bengali camps in Nilphamari’s Syedpur staged a protest by blocking a road to demand an uninterrupted power supply. During the demonstration, they brought chairs and tables and sat on the road for approximately five hours. From Wednesday (June 3) morning, residents of camps 1, 2, and 3 in the town’s Golahat area observed ...
Public suffering has reached extreme levels in the Char Kajal and Char Biswas unions of Patuakhali’s Galachipa upazila due to frequent power outages and low voltage. Locals allege that the power cuts occur up to 26 times within a 24-hour period. Consequently, normal life, business activities, and household chores are being severely disrupted. Locals complain ...
Electricity prices have been raised at both the wholesale and retail levels across the country. Under the new decision, wholesale electricity prices have been increased by 19.85 %, while prices at the consumer level have seen an average hike of 16.68 %. Simultaneously, electricity transmission charges have been increased by 23.96 %. Bangladesh Energy Regulatory ...
The Bangladesh Energy Regulatory Commission (BERC) has announced an increase in electricity prices at both the consumer and wholesale levels. The new tariffs were published at a press conference, where significant price hikes were made across all three areas: consumer, wholesale, and transmission. According to the new decision, the average price of electricity at the ...
The government withdrew all monthly rental and demand charges for prepaid electricity meters on Wednesday across Bangladesh. The Bangladesh Nationalist Party (BNP) Media Cell confirmed the policy shift, framing the removal of the levies as a key component of the administration’s first 100 days of executive operations. Under the previous framework, consumers were subjected to ...
To strengthen the country’s energy security and develop LPG and LNG infrastructure, the government has formed a 9-member ‘Cabinet Sub-Committee on Energy Security’. The Cabinet Division issued a notification to this effect last Monday (June 1). The Minister for Power, Energy, and Mineral Resources has been appointed as the chairperson of the committee. The other ...
The government reinstated a 7:00 PM closure mandate for all retail establishments and shopping malls across Bangladesh on Monday. The directive aims to conserve energy as the Ministry of Power, Energy and Mineral Resources prepares for a potential retail electricity tariff hike. State Minister Anindya Islam Amit confirmed that the administration is reviewing prices to ...
Leader of the Opposition and Jamaat-e-Islami Ameer Dr Shafiqur Rahman condemned overnight fuel price hikes as public oppression during a Monday visit to Sylhet. He delivered the remarks to journalists after meeting the grieving family of murdered child Fahima in the Sonatala area. Rahman criticised the administration for bypassing parliamentary debate to increase tariffs while ...
A machinery businessman from Taragunia village in Kushtia has developed an alternative fuel for agricultural irrigation using discarded motor oil. Monirul Islam formulates the substitute, termed Method of Alternative Diesel (MAD), by blending chemical boosters with waste lubricants to operate standard diesel engines. The synthesis combines 5 litres of used motor oil with 100 grams ...
National inflation declined to 8.71% following government economic initiatives, authorities announced in Dhaka on Monday. The Prime Minister’s Press Wing released the data to mark the administration’s first 100 days in office. Dr Mahdi Amin, Advisor to Prime Minister Tarique Rahman and spokesperson for the Prime Minister’s Office, confirmed the restoration of uninterrupted fuel and ...
At least Tk 35,000 crore in private investments across various economic and industrial zones in the country is virtually stalled due to a gas connection crisis. With numerous factories that are ready for production lying idle for years, employment generation has come to a halt, the debt burden on entrepreneurs is mounting, and the financing ...
Allegations have surfaced at a public hearing on proposals to increase electricity prices that the burden of inefficiency, system loss, and capacity charges in the power sector is being forced upon ordinary people. Speakers stated that consumers should not bear the responsibility for mismanagement in the power sector; rather, initiatives should be taken on how ...
Following the ceasefire in the Middle East, fuel oil prices have started falling in the international market. This has also impacted the domestic market. In line with this, the price of jet fuel, the aviation fuel used in the country, has been reduced for the second time this month. This time, it has decreased by ...
Following the fuel oil price hike, anxiety and uncertainty are now growing among businesses and entrepreneurs surrounding the proposal to increase electricity prices. Industry insiders say that production costs in various sectors, including fuel, transportation, and raw materials, have increased significantly just this year. If electricity prices are raised amidst this, it will become difficult ...
Running a national utility infrastructure under the shadow of a massive financial crater is a daunting reality. On Tuesday afternoon, Power, Energy, and Mineral Resources Minister Iqbal Hasan Mahmud Tuku laid bare the stark condition of Bangladesh’s power sector, revealing that ousted former Prime Minister Sheikh Hasina left behind a crippling debt of Tk 56,000 ...
The ongoing tensions in the Middle East surrounding Iran have now directly impacted India’s fuel market. Due to an abnormal surge in crude oil prices in the international market, the country’s state-owned oil marketing companies have once again increased the prices of petrol and diesel. This marks the third price hike within the last eight ...
A new record has been set for electricity generation in the country. Power Grid Bangladesh PLC stated that a peak of 17,200 megawatts of electricity was generated on the national grid at 9:00 PM on Wednesday. This is the highest-ever generation record for the country’s power sector to date. The previous maximum generation record was ...
The government is planning to impose higher wholesale electricity rates on 21 profitable Palli Bidyut Samitys (PBS). Sector experts warn this regulatory shift could destabilise the decades-old cross-subsidy system that currently sustains rural power distribution across Bangladesh. Under a proposal submitted to the Bangladesh Energy Regulatory Commission (BERC), the Bangladesh Power Development Board (BPDB) aims ...
The anvils are in danger of falling silent. In a desperate plea to the government, the architects of Bangladesh’s infrastructure—our steel manufacturers—are sounding the alarm against a proposed hike in electricity tariffs. They warn that turning up the dial on power costs will be the final death blow to an industry already suffocating under a ...
Additional Secretary Md Abdul Mannan assumed charge as the chairman of the Bangladesh Oil, Gas and Mineral Corporation (Petrobangla) on Sunday. The Energy and Mineral Resources Division assigned him the executive role alongside his existing duties in the planning wing. An administrative directive from the division’s Administration-1 branch formalised the immediate appointment. The order stipulates ...
The government has increased the retail prices of diesel, kerosene, octane, and petrol across the country, citing global energy market volatility and escalating import costs. According to a government notification, the revised tariff structure takes effect immediately, pushing domestic fuel prices to a historic high. Under the new pricing, diesel has been raised by Tk ...
Due to the ongoing war in the Middle East, a severe diesel crisis has emerged in Faridpur’s Sadarpur upazila, much like the rest of the country. Farmers are in dire straits as they are unable to irrigate their lands due to the lack of diesel. Every day, farmers rush to fuel pumps and local dealers ...
Due to maintenance and development work, power supply will remain suspended for 9 consecutive hours from 8 AM to 5 PM today, Saturday (December 20), in various areas of Sylhet and Rangpur cities. The Sylhet Power Development Board (PDB) has informed that this power outage will be implemented for transformer maintenance and repair, transmission line ...
Fears have emerged regarding the future of the publicly listed Khulna Power Company Limited. The audit firm has stated that this uncertainty has arisen because the government has not renewed the Power Purchase Agreement (PPA) with two of the company’s power plants after their expiration. Following the audit of Khulna Power’s financial report for the ...
Relevant authorities have conducted a drive to disconnect illegal gas connections in the capital’s Mohammadpur area. During the operation, in addition to severing the illegal connections, fines amounting to Tk 120,000 were imposed. This information was detailed in a press release issued by the Ministry of Power, Energy, and Mineral Resources today, Wednesday (December 17). ...
The price of all types of fuel has been increased by Tk 1 per liter. Among them, the price of diesel and kerosene has been increased by Tk 1, setting the new price at Tk 105. Furthermore, the price of octane has been increased by Tk 1 to Tk 126 per liter, and petrol has ...