Electricity price hike. Sunday, April 1, 2012 Editorial Coming on the heels of another hike effected only two months ago, prices of electricity have soared again by 7.49 per cent for bulk clients and by 6.25 per cent for retail users. And again, Bangladesh Energy Regulatory Commission (BERC) chairman has come up with the explanation of price adjustment for fuel-based power plants following rise in oil prices in international market, and reducing pressure on government subsidies for power generation.
This is the third instance of price adjustment in the span of four months. Despite claims of increase in power generation, power shortage has intensified with the summer about to set in, causing immense suffering to consumers at all levels. Granted that retail prices may go up relative to increase in production cost, the way electricity prices are being frequently hiked appear to be predicated upon myopia and insensitivity towards management lapses.
PDB proposes 'Quality' power again | Bangladesh. Regulator prefers 6 pc power tariff hike | Bangladesh | bdnews24.com. Biggest ever solar power plant goes into operation in Sandwip. WB approves $172m for solar panels. Thursday, October 6, 2011 Business Star Business Desk The World Bank approved $172 million on Tuesday to support the ongoing rural electrification and renewable energy development (RERED) project to install an additional 630,000 solar home systems and other renewable energy mini-grid schemes in the country. The global lender is providing the credit to the RERED project, following the project's success in installing solar home systems in rural areas where grid electricity is not economically feasible or hard to reach. The solar home system component of the RERED project is implemented by the Infrastructure Development Company Ltd (IDCOL), a government-owned financial institution.
The credit from the International Development Association, the World Bank's concessionary arm, has 40 years to maturity with a 10-year grace period; it carries a service charge of 0.75 percent. The partner organisations, mostly non government organisations, install the solar home systems. A focus on solar. Thursday, December 23, 2010 Business The CLP initially imported five solar refrigerators through the Phocos Solar Bangladesh, a representative of Phocos Germany.
These five refrigerators have a capacity of 160 litres, which the CLP says easily meets the demand of the chars. Later, it imported 30 120-litre refrigerators through the same Vendor. Grameen Shakti, a local solar-equipment supplier, supplied panels and related equipment to the CLP for the refrigerators. Tk 1.2 lakh each. Each panel has a capacity to supply 130 watts. The solar panel costs around Tk 70,000 per system. According to the CLP, the cost for each solar-powered refrigerator system is about Tk 1.75 lakh. The CLP also gave vaccines and other equipments to the veterinarians, including a tiny portable cooling system on a cost-sharing basis.