The World Bank has approved $59 million (£45.8) in funding to help modernise Bangladesh’s power sector. It aims to help meet rising national demand for electricity by improving the reliability and efficiency of the entire power system. By modernising the way electricity is generated, managed and transmitted, the country will be able to avoid power […]

Bangladesh has signed a finance agreement worth $35 million (£27.4m) to reduce air pollution in Dhaka City. The World Bank will help fund air quality management initiatives and work out how to improve traffic management systems to reduce congestion. Five new air quality monitoring stations, a central air quality laboratory and mobile air quality labs will be […]

An additional $177 million (£120m) is being provided for a power project in Bangladesh. The government signed an agreement with the World Bank’s International Development Association (IDA) to complete the construction of a 355MW combined cycle power plant at Siddhirganj, near Dhaka. It will account for 6% of the total electricity delivered to the national […]

Bangladesh is receiving $120 million (£78m) to boost the capacity of its power link with India. The fund, provided by the Asian Development Bank (ADB), will help increase the transmission capacity of the cross-border electricity link from 500mW to 1,000MW. It will support power exchanges across South Asia and help Bangladesh meet its energy demand […]

Coal is still the main energy source to generate electricity in South Asia. That’s according to a study made by the World Bank, which stated it would account for more than 60% of electricity production in the region between 2015 and 2040. Electricity generation from renewable sources stands at just 25%. The research also stated the region […]

The Asian Development Bank (ADB) is investing $75 milllion (£47.25m) to build a gas-fired power plant in Bangladesh. Summit Bibiyana II Power Company Limited will use the cash to design, build and operate the plant located in northern Dhaka. It is expected to be completed in October this year and generate around 2,500GWh per year. The ADB hopes […]

Electricity has been restored in Bangladesh after the nation was hit by a major power cut on Saturday. Tens of millions of people were without electricity for hours following a failure on a transmission line that imports power from neighbouring India, authorities said. The blackout started at around noon local time on Saturday and affected […]

ABB has won an order worth around $30 million (£18.6m) to help strengthen the electricity grid in Bangladesh. It will build four new substations at Rangamati, Khagrachori, Bianbazar and Sunamganj for Power Grid Company of Bangladesh (PGCB) as well as expand six others in a bid to boost power supplies. Around 450,000 homes are to […]

The World Bank is lending an additional $78.4 million (£45.7m) to support a renewable energy programme in Bangladesh. The Rural Electrification and Renewable Energy Development II (RERED II) project aims to install 480,000 more solar home systems (SHS) in off-grid areas in the country. Currently only 42% of the people in rural Bangladesh have access […]

The World Bank is providing a $600 million (£353.5m) loan to fund a project that aims to improve access to electricity in the rural areas of Bangladesh. The credit for the Rural Electricity Transmission and Distribution Project (T&D) will support the construction of new transmission and distribution networks and substations as well as the upgrading […]