The financial loss of the state-owned Bangladesh Power Development Board (PDB) is likely to cross Tk 54,000 crore in the current fiscal after the hike in the price of gas increased their input cost.

State-run Titas Gas Transmission and Distribution Company Ltd yesterday said its profit dipped 13 per cent year-on-year in the first six months of 2022-23 fiscal year, despite it posted higher earnings in the second quarter.

The business leaders are scheduled to sit with Prime Minister Sheikh Hasina soon to review gas and power prices, as they are facing difficulties because of the high prices of the two, Commerce Minister Tipu Munshi said today.

A new well has been found at Bhola North Gasfield with the potential to produce 20 million cubic feet (mmcf) of gas a day, according to a statement from the Ministry of Power, Energy and Mineral Resources.

The Consumers Association of Bangladesh (CAB) today submitted a petition, signed by 25,720 persons, urging the energy ministry for not signing the Energy Charter Treaty as the signing of the treaty will affect the public interest and the nation’s energy sector.

As part of the long-term master plan for the power sector, the government has been working to implement the plan in phases to generate 40 percent electricity from clean energy by 2041.

Nigeria wants to expand trade with Bangladesh as the south Asian country has achieved significant development in the last decade, said Akinremi Bolaji, director for economic, trade and investment of the foreign affairs ministry of the west African nation.

BERC has adjourned the process of hearing for fixing the price of power after the government bypassed it and hiked the retail price of electricity last week.

Protesting poor supply of fuel, Sylhet's fuel traders decided to go on an indefinite strike from Wednesday.

The electricity tariff in Bangladesh hiked by 5 percent at the retail level is still less than that in many developed countries, said Information Minister Hasan Mahmud today.

The government yesterday raised the electricity price for consumers, on average, by 5 percent, skirting around procedures of Bangladesh Energy Regulatory Commission (BERC).

The government has hiked the retail price of electricity by 5 percent bypassing the public hearing of the Bangladesh Energy Regulatory Commission.

The government is now hiking the retail price of electricity bypassing the public hearing of the Bangladesh Energy Regulatory Commission.

Less than a month after the government said that it was withdrawing energy subsidies, an electricity tariff hike of over 15 percent was placed on the table yesterday.

Any increase in the retail tariffs of electricity will drive up the production cost and lead to a further spiral in inflation, worsening the condition of lower-income groups, said presidents of two chambers today.

State Minister for Power, Energy, and Mineral Resources Nasrul Hamid has sought "visible Indian cooperation" for importing hydropower from Nepal and Bhutan.

The “Bangladesh Energy Regulatory Commission (amendment) Ordinance, 2022” was placed in parliament yesterday, paving the way for the government to adjust the prices of gas and electricity without public hearing.

The 'Bangladesh Energy Regulatory Commission (amendment) Ordinance, 2022' was placed in parliament today paving the way for government to adjust prices of gas and electricity without public hearing.

Bangladesh wants deeper ties with India in energy and power sector to avoid future energy crisis, State Minister for Power, Energy, and Mineral Resources Nasrul Hamid said yesterday.

State Minister for Power, Energy, and Mineral Resources Nasrul Hamid has expressed Bangladesh's interest in importing more petroleum products at an affordable price from India.