India’s Adani Electricity begins to purchase transformers from Energypac

Energypac Engineering has commenced shipment of transformers to Adani Electricity Mumbai. The electricity company – a sister concern of Ahmedabad-based multinational conglomerate...

Payra power plant in Patuakhali district soon to be inaugurated

The government is going to inaugurate a coal-fired Payra power plant of 1,320 megawatts (MW) soon, in Dhankhali area under ​​Kalapara upazila...

GTCL to raise Tk400 crore through the direct listing method

Gas Transmission Company Limited (GTCL) – a state-owned organization will put up Tk400 crore through the direct listing method of the country’s...

Govt to purchase LNG worth Tk218cr for the ongoing irrigation season

The government has set its target to purchase 33.70 lakh MMBTU liquefied natural gas (LNG) from a US company for over Tk...

Energy Ministry summoned BPC to ink MoU on Moheshkhali LPG terminal

In order to build an LPG terminal, Bangladesh Petroleum Corporation (BPC) will sign a deal with the association of Japanese Marubeni, Vitol...

MoU signed between IBBL and Titas Gas

On March 22 (Monday), a Memorandum of Understanding (MoU) was signed between the Islamic Bank Bangladesh Limited (IBBL) and Titas Gas Transmission...

BB instructs banks to not assist errant petroleum products being imported without proper approval

Banks have been instructed by the Bangladesh Bank to not help the companies which are importing petroleum products without getting a proper...

Govt to award two wind power plant contracts in Chandpur & Cox’s Bazar

The government is likely to award contracts for two wind power plants, one in Chandpur and another at Inani Beach, Cox’s Bazar...

7.0 pc VAT reduction on Liquefied Petroleum Gas

VAT cut decision on Liquefied Petroleum Gas (LPG) has been taken by the National Board of Revenue (NBR). In order to make...

Tk9000 crore worth gas bills still unpaid

Consumers of natural gas all across the nation owe around Tk 90 billion (Tk 9000 crore) in unpaid bills, of which electricity...

Increase the duty on tariff imports: BTTC

The Bangladesh Trade and Tariff Commission (BTTC) has demanded an increase in the tariffs on the import of bitumen as a way...

RLNG witnessed record high production, govt. to purchase LNG worth TK527.24 crore

The government has taken its third initiative of purchasing fuel from the spot market. Accordingly, the cabinet committee approved two proposals to...

Bangladesh’s Energy Import Increases Ahead of Summer

Country’s import of energy products has increased to a significant extent ahead of summer to meet the increasing demands in power plants,...

Successful installation of polar crane beams at Rooppur Nuclear Power Plant

Two subcontractors’ specialists, Trust RosSEM, Roin World LLC and Energospecmontazh JSC – have successfully installed two polar crane beams on rail tracks...

Cut-off price of Baraka Patenga Power finalized at Tk 32 per share through e-bidding

The cut-off price of Baraka Patenga Power’s share has been fixed at Tk 32 for each through electronic bidding by eligible institutional...

Recent Article

Bank Asia re-elects A Rouf Chowdhury as its chairman

Bank Asia has re-elected A Rouf Chowdhury as chairman of Bank Asia at the 453rd meeting of its Board of Directors.

Gazi Golam Ashria became the new chairman of Jamuna Bank

Gazi Golam Ashria has been elected as the chairman of the board of directors of Jamuna Bank Limited for a timeframe of...

Stocks continue to struggle as profit booking goes on

Stocks closed lower on May 3 (Monday) as the profit-booking tendency continues to prevail among the investors after the 3-day streak of...

After 7 years of its launch, the number of agent banking accounts reach the...

The amount of accounts in agent banking in the nation reached the 1 crore mark in January 2021, after 7 years of...

Govt plans utilizing a large amount of aid for development projects

The government plans to utilize foreign aid worth Tk 88,024 crore for development projects in the next fiscal year. The amount is...

Uttara Group managing director to be felicitated by Japan

Chairman and managing director of Uttara Group, Matiur Rahman, is set to receive an award from Japan for his contribution in promoting...

Sea levels rising induced coastal migration could affect 1.3 million Bangladeshis by 2050: study

A recent study published by the American Geophysical Union – an international scientific group apprehended that there could be a triggered wave...

Credit growth of the private sector declines again in March

The credit growth of the private sector has returned to the downward trend in March after a slight recovery in April as...