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. PDB proposes 'Quality' power again. Regulator prefers 6 pc power tariff hike. 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. 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.
