Two dozen privately owned oil-fired power plants in Bangladesh have asked the government for permission to import petroleum products to use for electricity generation, a senior energy ministry official said Wednesday.
The plant owners have objected to the quality of fuel currently being supplied to them by state-owned Bangladesh Petroleum Corp., which imports required oil products for the privately owned power plants.
The ministry official, who asked not to be named, said the plants amounted t...
The government has put the country's first LNG import terminal project on a fast-track route for implementation on a priority basis, to ease the country's energy crisis and accelerate economic growth, said Petrobangla Chairman Hussain Monsur.
The first meeting of the Fast Track Project Monitoring Committee, chaired by Prime Minister Sheikh Hasina, held in Dhaka on Wednesday identified the project as fast-track one, among others.
During the meeting, the prime minister directed the Energy and...
Bank Asia, Islami Bank Bangladesh, Dhaka Bank and Al-Arafah Islami Bank distributed warm clothes among the cold-hit people of the country.
Islami Bank
Winter cloth distribution program of Islami Bank Bangladesh Limited (IBBL) has been going on across the country. As parts of country wide program, Mymenshing Branch of the Bank distributed winter clothes among orphan children of An-noor Furkania Moktob of Rahmatpur Boishakhai village, adjacent to Mymenshing town recently.
Md. Motiar Rahman, Senior Vice President and Head of Mymeshing Zone of the Bank was present in the function as chief guest. Boshir Ahmed, Vice President of the Bank and Branch Manager, clients and customers, and local elites were present on the occasion.
[caption id="attachm...
The 10th parliamentary election took place in Bangladesh on January 5 amid widespread boycotts, violence, vote rigging and without much fanfare. While the ruling Awami League claimed victory, it is hard to imagine a scenario where this election - where the fate of 154 parliament seats out of 300 were decided before a single vote was cast - could bring stability to this increasingly important country.
The Awami League, led by Sheikh Hasina, came to power in 2008 with a two-thirds majority. While opportunities abounded for the Awami League to start a new era of politics in Bangladesh, it willfully wasted every chance to do so. The Awami League’s fall from grace over ...
Energy and water security are crucial to human and economic development. The two resources are now more interconnected than ever—significant amounts of water are needed in almost all energy generation processes, from generating hydropower, to cooling and other purposes in thermal power plants, to extracting and processing fuels. Conversely, the water sector needs energy – mainly in the form of electricity – to extract, treat and transport water. Both energy and water are used in the production of crops, including those used to generate energy through biofuels.
But energy and water resources are under unprecedented pressure, and there is growing competition for their use from people, industries, ecosystems, and growing economie...
The World Bank (WB) Group on Tuesday launched a new open data tool that provides in-depth, comparative, and easily accessible data on education policies around the world. The Systems Approach for Better Education Results (SABER) web tool helps countries collect and analyze information on their education policies, benchmark themselves against other countries, and prioritize areas for reform, with the goal of ensuring that all children and youth go to school and learn.
“Education is one of the most important drivers for ending extreme poverty and boosting shared prosperity. But guaranteeing a basic education means little unless schooling leads to learning for all children and youth,” said Elizabeth King, World Bank Group Acting ...
