Bangladesh must prioritise domestic gas exploration and renewable energy transition over costly LNG imports to achieve energy sovereignty.

The government is drawing up a three-year roadmap to gradually cut subsidies in the power and gas sectors, aiming to ease the growing fiscal pressure.

Fertiliser subsidy will increase to Tk 28,000 crore in the revised budget, up by 64.7 percent from the original

A visiting delegation of the International Monetary Fund (IMF) held a meeting with senior Power Division officials yesterday mainly over subsidies, reports UNB.