In Short : The Asian Development Bank (ADB) has partnered with Envoy Textiles to sign its first sustainability-linked loan facility in Bangladesh. The financing aims to promote environmentally friendly manufacturing, energy efficiency, and social responsibility in the textile sector. This milestone deal underscores ADB’s commitment to supporting sustainable industries and advancing green growth in Bangladesh’s […]
In Short : Tripura will continue supplying electricity to Bangladesh, the state’s Minister confirmed, reinforcing regional energy cooperation and bilateral ties. The reliable power transmission from Tripura helps meet Bangladesh’s growing electricity demand, while supporting sustainable energy integration. This cross-border collaboration highlights Tripura’s role in regional energy trade, contributing to energy security and fostering sustainable […]
In Short : Bangladesh has cleared $437 million in outstanding dues to Adani Power, covering electricity supplied up to March 31, including late fees. The settlement ensures future payments through a two-month letter of credit and a sovereign guarantee. With financial terms normalized, Adani has resumed full power supply from its 800 MW Godda plant, meeting […]
In Short : The Asian Development Bank has approved \$400 million to support Bangladesh’s climate-resilient and inclusive development. The funding, part of the CRID Subprogram 2, will advance climate adaptation, green growth, and disaster resilience. Co-financed by AIIB, the program strengthens policies aligned with Bangladesh’s National Adaptation Plan, aiming to enhance environmental sustainability, institutional reforms, […]
In Short : Adani Group has restored power supply to Bangladesh after the Bangladesh Power Development Board (BPDB) resumed regular payments. Electricity from the 1,600 MW Godda power plant is now flowing uninterrupted, easing energy shortages. This strengthens India-Bangladesh energy cooperation, ensuring grid stability and supporting Bangladesh’s growing power needs while reinforcing the importance of […]
In Short : Bangladesh has requested Adani Power to restore full electricity supply from its Jharkhand plant after reduced output due to payment disputes and low winter demand. Despite ongoing payment efforts, technical issues have delayed the restart of the second unit. Bangladesh is also seeking a renegotiation of the high electricity tariff, which is […]
In Short : Bangladesh plans to import 1,000 MW of renewable power from India. This initiative aims to bolster Bangladesh’s energy supply, reduce carbon emissions, and strengthen cross-border energy cooperation for a sustainable and resilient power grid. In Detail : Bangladesh signs MoU with India to import 1,000MW of renewable power to achieve its target […]
In Short – ADB spearheads financing for Bangladesh’s inaugural private sector solar project, marking a milestone in international lending. This initiative underscores a pivotal shift towards renewable energy investment in the country. By catalyzing private sector involvement, ADB contributes to Bangladesh’s sustainable development goals while advancing global efforts to combat climate change. In Details – […]
DHAKA, BANGLADESH : The Asian Development Bank (ADB), as a transaction advisor for the Government of Bangladesh’s Rampura Amulia Demra Expressway public–private partnership (PPP) project, has mobilized $261 million of private sector capital for a four-lane, 13.5 kilometer expressway that will ease traffic congestion and provide better connectivity between the capital Dhaka and other major […]
Warm Greetings from EQ We are happy to present Webinar on Bangladesh : Barriers to RoofTop Solar Market, Industry Development & Growth Powered by SUNGROW When : 15th June 2023 (Thursday) From 4:00 PM to 6:00 PM IST Register in advance for this meeting: <Click Here To Register> After registering, you will receive a confirmation […]