Fuel queues in Bangladesh start to ease after supply boost
Pump owners attributed the change to higher supply following the latest fuel price hike, alongside falling demand in some areas.
Pump owners attributed the change to higher supply following the latest fuel price hike, alongside falling demand in some areas.
Asks US for waiver of sanctions on Russian petroleum products; looks for supplies from India, Malaysia, Nigeria, Australia, America
The country's faster regasification expansion and declining domestic gas fields to drive higher imports.
A target has been set to meet 20% of power demand from green sources by 2030. The new policy offers a 10-year corporate tax exemption for all government and private renewable…
Capacity payments, the scourge of the rapid rise in Bangladesh's power generation capacity, are set to get higher this year.
They also said the amount of investment required for gas-based power plants is cheaper in Bangladesh at present, but added that solar plants would be the cheapest option by next…
The hike in electricity comes in line with the commitment made to the International Monetary Fund for a $4.7 billion loan programme.
Economists and energy experts said the Bangladesh government lacked a clear strategy for bringing subsidies to zero.
The development is set to fuel a fresh round of inflation, which declined for the fourth straight month in December last year.
Commercial operations of the plant, that was set to start on January 5 last year, were delayed and was moved to December 16.