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IPP penalties, payment delays deepen power sector crisis

Dhaka, Jan. 22 -- Privately owned power producers are facing growing financial instability as payment delays by the state-run utility are followed by penalty deductions, raising concerns over fairness... Read More


China's Sinopec gets go-ahead to drill 5 hydrocarbon wells

Dhaka, Jan. 9 -- China's state corporation Sinopec gets the go-ahead to drill five new hydrocarbon wells on the gas-rich Bhola island as Bangladesh moves to enhance output of the fuel to feed the ener... Read More