Tuesday , 15 June 2021
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Category Archives: Development News

Barapukuria Thermal Power Plant:40 pc works of 3rd unit complrted

   Dinajpur (South) Correspondent Work on  Dinajpur 75 MW thermal power plant project in the 3rd Unit is progressing rapidly .           6 of the 87 million cost of the project has been set period of 3 years . 1 year, 40 per cent of the work has been completed earlier . If everything goes well before the scheduled time ... Read More »

Country receives 715 .24 m remittance from July 1-22

NRB Desk The country received $715.24 million in remittance during the first 22 days of the current month of July. Bangladesh Bank statistics show that four state-owned commercial banks-Agrani, Janata, Rupali and Sonali-received $229.79 million from expatriate Bangladeshis while four state-owned specialised banks got $7.11 million. The maximum remittance came through private commercial banks as they received $464.44 million while the nine foreign banks $9.89 ... Read More »

GE-led consortium wins $117m power plant contract

businessnews24bd.com Bangladesh Power Development Board has awarded a $117 million order to a consortium led by General Electric for repowering of the Unit 3 of Ghorashal power plant, the largest power station in the country. GE said this would be the country’s first repowering project, which will increase the power generation capacity by adding over 200 megawatts of clean power ... Read More »

Govt to extract sea resources within 5- yr: PM

businessnews24bd.com Terming the sea as a huge source of resources, including fisheries, Prime Minister Sheikh Hasina on Wednesday said the government is taking initiatives to start the extraction of these resources within the next five years. “Or else, there’s a fear of loosing this opportunities. So, we’re trying to take steps fast, ” she said while addressing the inaugural session of the National Fisheries Week ... Read More »

ADB to fund $275 m for safe water supply in Dhaka

businessnews24bd.com The government will sign a $275 million agreement with the Asian Development Bank (ADB) next week to fund a project for ensuring supply of safe drinking water in the capital city. ERD senior secretary Mohammad Mejbahuddin and ADB country director Kazuhiko Higuchi will sign the loan agreement on behalf of their respective sides while managing director of Dhaka Water ... Read More »

ECNEC approves 5 dev projects worth Tk 700cr

businessnews24bd.com  Executive Committee of the National Economic Council (ECNEC) approved five development projects worth of over Tk 700-crore. The committee nodded to the projects in a meeting with Prime Minister Sheikh Hasina in the chair at Sher-e-Bangla Nagar in city on Tuesday (July 12). Planning minister AHM Mustafa Kamal informed the media at a briefing after the meeting.   Read More »

Power sector to reach its desired target by 2021

businessnews24bd.com All people of Bangladesh will get electricity, when the country’s total power generation would reach its target of 24,000 MW by 2021. “For the first time, the electricity generation reached a record mark with 9,036 MW on June 30, thus fulfilling the consumer’s demand,” Engineer Mohammad Hossain, Director General of Power Cell, Power Division under Power, Energy and Mineral ... Read More »

Export target in FY 2016-17 is $37b

businessnews24bd.com They are upbeat on Bangladesh’s export growth saying that the country’s economy would achieve a new dimension if the government extends support to reach the goal. According to exporters, Bangladesh exports around 715 categories of products, including readymade garments, jute and jute goods, textiles, frozen fish, hides and leather goods, to 187 countries. In a recent informal meeting with ... Read More »

4 lane highways to be inaugurated July 2: Quader

businessnews24bd.com Prime Minister Sheikh Hasina will inaugurate the four lane Dhaka-Chittagong highway and the four lane Joydebpur-Mymensingh highway on July 2 next. Road Transports and Bridges Minister Obaidul Quader said this at a press conference at the Secretariat on Thursday. The Prime Minister will inaugurate the two four lane highways through video conference at Bangabandhu International Conference Centre (BICC) in ... Read More »

Ecnec clears Tk 1040cr for college education dev project

 businessnews24bd.com The Executive Committee of the National Economic Council (Ecnec) on Tuesday approved the ‘College Education Development Project’ involving Tk 1040 crore in a bid to create greater opportunities for higher education through admission of more male and female students. The approval came from the weekly Ecnec meeting of the outgoing fiscal year held at the NEC conference room in ... Read More »