Coal India is likely to adopt the public-private partnership (PPP) model to harness the coal bed methane (CBM) opportunity from its existing mines.
“Coal India is unlikely to invest in developing CBM, rather we will appoint an operator for the same on turnkey basis who will bring in resource and technology,” sources close to the development told PTI.
“We propose to select the operator who will share maximum revenue with us, no matter if it is a private entity or PSU,” they said.
The sources said Coal India had no restriction in inducting a CBM private operator and the tender inviting expression of interest was expected by March, 2014.
Earlier this month, the Cabinet Committee on Economic Affairs (CCEA), headed by Prim...
Foreign aid flow to Bangladesh during the July-November period of the current fiscal (2013-14) was somewhat higher at $ 987.34 million as against $ 969.26 million fetched during the same period of the last fiscal (2012-13).
Of the amount disbursed during the five-month period, loans amounted to $ 740.72 million while the grants $ 246.62 million, said an official at the Economic Relations Division (ERD).
The official said that the overall commitment for the July-November ...
The 10th branch of NRBCB (NRB Commercial Bank Ltd) was inaugurated at Mograpara, Sonargaon, the capital city of ancient Bangla. Engr Farasath Ali Chairman of the bank inaugurated the branch on Sunday.
The inaugural ceremony was attended, among others, by the Sponsor Dr Rafiqul Islam Khan, Managing Director and CEO Dewan Mujibur ...
The election of the executive committee of Chittagong University Teacher’s Association (CUTA) for 2014 will be held on January 25, said in a press release signed by acting president of CUTA Prof Md.Abdul Monsur and general secretary Prof Sekandar Ahamed Chouwdury.
An election committee was made to conducting the CUTA election-2014 in a meeting on Saturday. Prof Dr Mohiuddin of Institute of Forestry and Environmental Science was made as chief election commissioner in the meeting.
Prof Topp...
The Institute of Chartered Accountants of Bangladesh (ICAB) is moving forward to develop the standards of accounting in the country. So, there is no need to form any super functional body to take upper hand over ICAB as the Institute is a professional body, said Barrister Shafique Ahmed, Advisor to the Prime Minister on Law, Justice and Parliamentary Affairs.
He said, we do not find any oversight body to supervise the function of the Supreme Court Bar Association; then why should we need a super functional body to have control over ICAB. Such move is contradictory with the existing law; therefore the proposed Financial Reporting Act cannot be enacted.
A 10 day long training course on “Capacity Development in Banking for ICC Officials” started at Al-ArafahIslamiBankTraining & ResearchAcademy recently.
Managing Director of the bank Md. Habibur Rahman inaugurated the course as chief guest.
Among others, Senior Vice President and Head of ICCD of the bank Md. Abdur Rahim Duary and Principal of AIBTRA Md. Zahid Hasan were also present in the occasion. Officials of I...
