New Delhi, July 3 (IANS) Bangladesh’s power sector has run into a major crisis as the country’s independent power producers (IPPs) are facing a cash crunch due to increasing delays in payments by the government, according to a new report.The Bangladesh Power Development Board (BPDB) reportedly owes approximately Tk 25,000 crore to IPPs. As a result, the power producers are running out of working capital to purchase fuel, service debt, maintain equipment and pay thousands of employees, which is…
Latest Bangladesh Power Development Board News & Updates
New Delhi, Jan 22 (IANS) Bangladesh’s loss-making power sector, which is heavily dependent on fossil fuels, has emerged as the main cause of pollution in the country, apart from being a drag on the economy, as per local media reports. The Bangladesh Working Group on Ecology and Development (BWGED) presented a 13-point citizen manifesto for a “just transition in the energy sector”. The transition to renewable energy has clearly become essential given the increasing environmental pollution (especi…