The committee tasked with formulating a white paper on Bangladesh's economy will review the energy sector's foreign loan agreements and other contracts, said its chair Debapriya Bhattacharya.

Bangladesh faces a significant risk of LNG regasification overcapacity

Power, Energy and Mineral Resources Adviser Muhammad Fouzul Kabir Khan today sought support of United Nations Development Programme (UNDP) for the development in the country’s energy sector.

Companies go bankrupt, around 5,000 employees rendered jobless

The adviser vowed to fight against all forms of corruption and discrimination to uphold public trust

Everything was set to approve a loan worth Tk 15.52 billion for Orion solar-power project bypassing certain conditions, including the single-borrower exposure limit. But following the change of government through student-people uprising the Financial Institution Division of the Ministry of Finance refused to give the approval at the last moment, thereby saved the country's banking from witnessing yet another loan scam.

In a bid to bring down and control commodity prices, the Interim Government's Energy Division has slashed and re-adjusted fuel oil prices in line with international prices from Saturday, 31 August. A notice released on the same day said, prices of petrol and octane were cut by Tk 6 per litre, while diesel and kerosene dropped by Tk 1.25 per litre.

Consumers Association of Bangladesh (CAB) has demanded formation of an independent commission to investigate the corruption, irregularities and plundering of wealth by the previous Awami League government in the country’s power and energy sector during the last 15 years.

Diesel-kerosene made cheaper by Tk 1.25, petrol-octane by Tk 6.0 per litre

Petrobangla is going to extend the submission date of the international offshore block bidding round by three months to get a better response, reports UNB.

The adviser further said that the Rupsha power plant is a stark example of the paradox of development

In the past decade and a half, Bangladesh's power and energy sectors have witnessed rampant corruption, safeguarded by a controversial law known as the Quick Enhancement of Electricity and Energy Supply (Special Provisions) Act

Successive governments from 2009 onwards were headed by the same party and the country ended up paying billions of dollars for establishing several mega projects that were supposed to generate 40 Gigawatts (GW) of power by 2030. If the biggest scam over the last 15 years centred around the banking system, then the energy scam follows close behind

The Ministry of Power, Energy and Mineral Resources on Thursday decided to cancel the S Alam Group’s proposal for implementation of Eastern Refinery Ltd (ERL) Unit-2 installation.

The introduction of a pollution tax for environmentally damaging sectors can help the government generate revenue. This revenue can be used to reduce pollution and meet sustainability goals