DIU Signs PPA for 3.4 MW Solar Power Project

Daffodil International University (DIU) has signed a Power Purchase Agreement (PPA) with Paramount Group to implement a 3 . 4 – mega watt solar power project aimed at expanding the use of renewable energy on campus.

to mark the occasion, a signing ceremony was recently held at the university’s permanent campus, Daffodil Smart City.

among those present at the event were Paramount Group Chairman Shakhawat Hossain; Chairman of the DIU Board of Trustees Mohammad Sabur Khan; Vice-Chancellor M R Kabir; Pro Vice-Chancellor Mohammad Masum Iqbal; Treasurer Hamidul Haque Khan; Registrar Mohammad Nadir Bin Ali; and Trustee Board Member Mohammad Imran Hossain.

according to a press release, the initiative aims to expand the use of renewable energy and develop a more sustainable and environmentally friendly campus.

Power Minister Urges Resolution of REB-Palli Bidyut Issues

Power, energy and mineral resources minister Iqbal Hassan Mahmud recently directed of?cials to resolve ongoing issues between the Rural Electri?cation Board and Palli Bidyut Samities to ensure uninterrupted power supply in rural areas. He made the directive while addressing a meeting at the Brigadier Sabihuddin Ahmed Auditorium of REB, said a press release.

the meeting, presided over by REB chairman Major General SM Zia-ul-Azim, reviewed current activities and performance of the rural electricity distribution system. State minister for power Anindya Islam Amit and power division secretary Farzana Momtaz attended as special guests, along with REB of?cials and employees.

the minister said the government is committed to strengthening REB to provide reliable and quality electricity services across the rural areas of the country. He stressed the need for coordination between REB and Palli Bidyut Samities, originally established to expand rural electri?cation

BPMI Launches RE Training Facility with German Support

The Bangladesh Power Management Institute (BPMI) has inaugurated a state-of-the-art Renewable Energy Training Facility at its Purbachal campus to strengthen technical capacity for Bangladesh’s transition to clean energy.

the initiative is supported by the German Development Cooperation through the Skills Development for Sustainable Energy Solutions (Skills4SE) project, implemented by GIZ.

the facility aims to address the shortage of skilled professionals required to support the country’s expanding renewable energy sector. Bangladesh is targeting 30 percent renewable energy in the power mix by 2040 under the Renewable Energy Policy 2025 and its updated climate commitments under the Third Nationally Determined Contribution (NDC 3.0).

of?cials say developing a skilled workforce is essential to achieving these goals.

the new facility includes renewable energy simulation and photovoltaic laboratories as well as a weather station for wind energy resource assessment.

Boost RE Investment to Reduce Energy Imports, Experts Urge

Environmentalists , researchers and energy experts recently urged the government to accelerate investment and policy support for renewable energy, warning that Bangladesh must act swiftly to reduce its heavy dependence on imported fuel amid growing global uncertainties. Speaking at a roundtable discussion in the capital, the experts said the country’s import-dependent energy system has become increasingly vulnerable, particularly in the context of geopolitical instability in the Middle East that continues to affect global fuel supply and prices.

they noted that renewable energy technologies have become signi?cantly more affordable in recent years, with the cost of solar equipment and battery storage falling by nearly half. With effective planning and timely implementation, the government’s target of producing 40,000 megawatts (MW) of renewable electricity by 2040 could potentially be achieved by 2030, they said.

the discussion was organised by GreenWatch- an online portal and monthly magazine-at the Jatiya Press Club in Dhaka. Speakers highlighted that around 86 percent of Bangladesh’s electricity consumption currently depends on fossil fuels, a major contributor to the country’s worsening air pollution

Global Energy Crisis May Push Subsidy Bill Up by Tk 36,000cr

Finance Minister Amir Khosru Mahmud Chowdhury recently said Bangladesh may need to provide an additional Tk 36,000 crore in subsidies for electricity and energy in the current ?scal year, as soaring global fuel prices triggered by geopolitical tensions signi?cantly raise import costs. Speaking in Parliament, the minister said the government has decided not to increase domestic energy prices despite the sharp rise in international fuel and lique?ed natural gas (LNG) prices in order to shield citizens from further economic hardship. ‘The people have placed their trust in us, and our responsibility is to build an advancing, inclusive and sustainable economy for Bangladesh,’ he told the House during a session presided over by Speaker Ha?z Uddin Ahmad. Khosru said the government assumed of?ce amid signi?cant economic challenges, including high in?ation, pressure on the external sector, weak investment growth and institutional governance issues.

Nearly 700 GW Surge in 2025 Proves RE Resilience

20 25 saw total renewable power capacity reach 5149 gigawatts (GW) after the addition of 692 GW, or a 15.5% of annual increase, according to a new report by the International Renewable Energy Agency (IRENA).

the Renewable Capacity Statistics 2026 also ?nds renewable energy dominates the total capacity expansion at 85.6% share, while non-renewables continue to account for a smaller share of additions. Geopolitical tensions are once again thrusting energy into the global spotlight.

escalation in the Middle East raises fresh concerns over supply security and fossil fuel price volatility. Against this backdrop, renewable energy is gaining attention to build more resilient systems that are less vulnerable to international shocks. As renewables are homegrown, low-cost and can be deployed immediately, increasing their share in national energy systems can reduce exposure to international fuel markets. Commenting on the ?ndings, IRENA Director-General, Francesco La Camera said, ‘In the midst of uncertain time, renewable energy remains consistent and steadfast in its expansion.

this not only indicates market preference but also makes a strong case for renewable energy resilience with brutal clarity.

a more decentralized energy system, with a growing share of renewables and more market players, is structurally more resilient. Countries that invested in the energy transition are weathering this crisis with less economic damage, as they boost energy security, resilience and competitiveness.’ In line with the previous year, solar energy led the increase, accounting for 511 GW or approximately 75% share in the total renewables capacity addition. Wind energy followed suit, adding 159 GW. Together, solar and wind accounted for 96.8% of all net renewable additions last year, re?ecting the biggest cost decrease among all renewable technologies. Bioenergy took the third place with 2.3% annual growth, adding 3.4 GW to total renewable energy expansion.

the report also con?rms, however, the persistent and signi?cant disparities amongst countries and regions. Asia continued to lead with a 74.2% contribution to all new renewable capacity; the 513.3 GW additions represent a growth rate of 21.6%. Africa recorded its highest capacity increase, rising by 15.9% or adding 11.3 GW, driven by Ethiopia, South Africa, and Egypt.

other region that experienced its largest annual growth is the Middle East, which increased by 28.9%, led by Saudi Arabia.

in terms of total global capacity, Asia unsurprisingly keeps its top position with 2,891 GW of total renewables capacity, followed by Europe which recorded 934 GW in total. Central America and the Caribbean had the lowest renewables capacity with a total of 21 GW in 2025. This disparity exposes the vulnerability of economies with low share of renewables, and underscores the urgent need to increase the share for their energy security.

technology highlights: ? Solar energy: solar photovoltaics accounted for 510.3 GW out of 511.2 GW of total solar power additions in 2025. ? Renewable hydropower (excluding pumped hydro): 18.4 GW was added in 2025, with 96% of the increase coming from China.

ethiopia, India, Tanzania, Bhutan, Viet Nam, Canada, Austria, Indonesia and Nepal, respectively added more than 0.5 GW. ? Wind energy: capacity grew by 14% from 2024, with record additions of 158.7 GW in 2025. China accounted for nearly threequarters of the expansion, adding 119.4 GW, while India saw an increase of 6.3 GW. ? Bioenergy: capacity increased by 3.4 GW, led by Japan, which more than doubled its bioenergy capacity expansion from 2024, adding 1.1 GW in 2025. China followed with capacity additions of 0.8 GW and Brazil with 0.6 GW additions. ? Geothermal energy: capacity grew at a similar rate to the previous year at 1.7%, adding 0.3 GW in 2025.

the Philippines and Indonesia each contributed 0.1 GW of the additions, followed by Germany, Trkiye and Japan. ? Off-grid electricity (excluding Eurasia, Europe and North America): expanded by 1.7 GW, led by solar power with 1.5 GW.

a broad range of bioenergy types added 0.2 GW to the total addition of off-grid capacity

OPEC+ Agrees to Boost Oil Output When Strait of Hormuz Reopens

OPEC+ agreed recently to raise its oil output quotas by 206,000 barrels per day for May, a modest rise that will largely exist on paper as its key members are unable to raise production due to the USIsraeli war with Iran.

the war has effectively shut the Strait of Hormuz – the world’s most important oil route – since the end of February and cut exports from OPEC+ members Saudi Arabia, the UAE, Kuwait and Iraq, the only countries in the group which were able to signi?cantly raise production even before the con?ict began. Crude prices have surged to a four-year high close to $120 a barrel, translating into soaring prices for transport fuels which are pressuring consumers and businesses across the globe, and triggering government action to conserve supplies. ‘In reality, it adds very few barrels to the market,’ said Jorge Leon, a former OPEC of?cial who now works as head of geopolitical analysis at Rystad Energy

Diesel Price More Than Doubles in Vietnam Since Mideast War: Ministry

The price of diesel in Vietnam has more than doubled since the start of the war in the Middle East, according to ?gures recently released by the trade ministry. Diesel prices have skyrocketed about 105 percent from February 26, two days before the US and Israel launched strikes on Iran.

the government raised the price to 39,660 dong ($1.50) per litre, up from 19,270 dong last month, trade ministry ?gures showed.

the price of 95-octane petrol also jumped nearly 68 percent over the same period, from 20,150 dong to 33,840 dong.

Chinese Tech, Fuel Crisis Give Impetus to E-bike Market

Improved Chinese technologies coupled with recent energy supply disruption have given an impetus to Bangladesh’s electric bike sector, with manufacturers offering durable batteries at competitive prices.

the sector insiders say the electric twowheeler is undergoing rapid expansion, driven by affordability, convenience, and shifting consumer sentiment amid volatility in global energy markets.

the sector is currently dominated by Chinese brands such as Yadea and Revoo, while domestic companies including Walton, Akij Group, Green Tiger, and RFL Group’s RYDO are stepping up efforts to capture the market share and establish their own niches. So far, around thirty importers have entered the market with approximately 30,000 units through both CBU (Completely Built Unit) and CKD (Completely Knocked Down) channels. With improved battery technologies, now EV bikes can offer 200 KM range based on the battery capacity.

imports from China alone are estimated at around Tk 3.0 billion annually, underscoring Beijing’s growing footprint in Bangladesh’s emerging electric mobility ecosystem.

Fuel Fog

Ba ngladesh’s fuel situation is marked by a widening gap between of?cial assurances and public experience. Despite government claims of adequate supply, long queues, reduced deliveries at pumps, and operational disruptions suggest underlying supply chain inef?ciencies and panic buying. Delays in imports, re?nery constraints, and rising global prices have intensi?ed pressure on the system. With subsidies mounting and prices unchanged, the crisis re?ects both structural weaknesses and policy challenges, raising urgent questions about pricing, distribution, and overall energy management.

omething doesn’t add up in Bangladesh’s fuel story.

on paper, there is no shortage.

of?cials insist supplies are steady, reserves are adequate, and imports are continuing. But on the streets, a very different picture is unfolding – one of long lines, anxious consumers, and growing frustration.

this disconnect between of?cial assurances and everyday experience is beginning to erode public con?dence. As queues stretch for hours and uncertainty deepens, the real question is no longer whether fuel is available – but whether the system delivering it is working at all.

the Energy Division has most recently claimed that there will be no shortage of diesel, octane, or petrol until May. But queues at petrol pumps across the country are growing longer by the day. According to various media reports, motorcyclists and vehicle owners are waiting 12-14 hours to refuel.

even after such long waits, many reach the pump only to be told that fuel has run out and they must wait for the next supply.

to reduce disorder, fuel card systems have been introduced in several districts, reportedly bringing some discipline to fuel distribution. However, no such improvement is visible in the capital. Speaking to the media, Energy Division spokesperson and Joint Secretary Monir Hossain Chowdhury claimed that fuel supply to pumps remains the same as last year. He attributed the crisis to panic buying-consumers purchasing more fuel than needed.

this claim, however, has been challenged by Mohammad Nazmul Haque, President of the Bangladesh Petrol Pump Owners Association. He stated that the Ramna Filling Station received between 28,000 and 31,000 liters of fuel daily in March, but that ?gure dropped to 16,000-18,000 liters in early April, even as queues grew signi?cantly longer.

to restore order in Dhaka, authorities recently launched a ‘fuel pass’ app for motorcycles.

initially introduced at two ?lling stations, the system is expected to expand to seven stations and eventually nationwide by May. According to the Energy Division, more than 110,000 riders have already registered. However, users report dif?culties logging into the app and delays in obtaining fuel passes.

even after securing a pass, many still have to wait in the same long queues, limiting the system’s effectiveness.

although pass holders may receive slightly more fuel, the initiative has yet to signi?cantly reduce congestion. Many fuel station owners believe that expanding the fuel card system nationwide could help control panic buying and restore order.

in the capital, long queues have worsened traf?c congestion, creating a new urban challenge where valuable fuel is wasted while vehicles remain stuck in traf?c.

the crisis has also raised questions about whether Dhaka has suf?cient fueling infrastructure. While government of?cials deny any shortage of ?lling stations, energy expert Dr.

ijaz Hossain, former dean of Bangladesh University of Engineering and Technology, suggests otherwise. Based on estimates using AI, he noted that Dhaka would require at least 350 ?lling stations, whereas currently fewer than 100 are operational.

even under normal conditions, this shortfall causes delays-now magni?ed under the present crisis. Meanwhile, reports that the country’s only re?nery, Eastern Re?nery Limited (ERL), is nearing shutdown due to crude shortages have further fueled public anxiety.

of?cials maintain that ERL has not fully stopped but is operating at low capacity using remaining stock, though a complete shutdown is expected within days. Despite this, authorities insist that there will be no disruption in fuel supply, as re?ned fuel imports from alternative sources continue.

eRL accounts for only about 15% of the diesel and 12% of the petrol supply in the domestic market. Government data show that in FY2024-25, diesel demand was 4.742 million metric tonnes, with ERL supplying 15.44%, while petrol demand was 489,000 metric tonnes, with ERL contributing 11.92%.

eRL does not produce octane.

the Energy Division explained that crude oil shipments from Saudi Arabia scheduled for March were delayed due to the ongoing U.S.-Israel-Iran con?ict. However, a vessel carrying 100,000 tonnes of crude is expected to depart in April and reach Bangladesh by early May.

once received, ERL is expected to resume full operations.

of?cials remain con?dent that the temporary disruption will notsigni?cantly impact fuel supply during April and May. Yet for consumers standing in long queues every day, the question remains unresolved: how long will this fuel crisis actually last? At the same time, mobile courts deployed by the Energy Division are continuing nationwide drives to prevent fuel smuggling and illegal hoarding. Of?cials reported that between March 26 and April 14, 2026, a total of 9,116 operations were conducted nationwide, recovering 542,236 liters of illegally stored fuel. During these operations, 3,510 cases were ?led, 45 individuals were sentenced to imprisonment, and ?nes amounting to Tk 15.6 million were imposed.

energy Division spokesperson Monir Hossain Chowdhury assured journalists that there will be no fuel shortage in April and May. He added that efforts to import fuel from sources outside the Middle East are ongoing.

as of April 14, 2026, the country holds reserves of 101,385 metric tonnes of diesel, 18,211 metric tonnes of petrol, and 32,000 metric tonnes of octane. Diesel imports via pipeline from India are also continuing. Not only Energy Division of?cials, but also the energy minister, state minister, ?nance minister, and the prime minister’s advisers have repeatedly asserted that there is no fuel crisis. However, public con?dence remains weak.

authorities argue that the crisis is largely driven by hoarding for pro?t and panic buying fueled by uncertainty. Although fuel rationing was introduced in early March, it was withdrawn before Eid-ul-Fitr.

initially, fuel supply at pumps was reduced by 20-25% compared to the same period last year, but has since been restored to previous levels. Despite this, the persistence of long queues indicates that consumers are still purchasing more fuel than necessary. Pump owners, however, dispute the government’s claims, stating that while supply matched last year’s levels in late March, it has declined again since early April. Media reports suggest that fuel shortages are already affecting river transport and lighterage operations at ports.

irrigation activities, which depend on open-market diesel, are also being disrupted due to insuf?cient supply. Load-shedding has further intensi?ed the situation, increasing demand for diesel to run standby generators in industries. While factories initially received diesel through association certi?cations, many ?lling stations have stopped supplying under this arrangement.

as a result, the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has sought diesel allocation directly from the BPC. BGMEA President Mahmud Hasan Khan warned that failure to ensure adequate diesel supply could trigger a new crisis for the already vulnerable garment sector. When asked why long queues persist despite claims of adequate supply, Sha?qul Alam, Chief Energy Analyst, Bangladesh at the Institute for Energy Economics and Financial Analysis, said the situation is dif?cult to explain de?nitively. He acknowledged that panic buying is evident, but of?cial stock ?gures suggest there should not be a shortage.

according to him, the crisis began intensifying in mid-March when fuel rationing was introduced, leading to widespread hoarding- supported by the large volumes of illegally stored fuel recovered during enforcement drives.

although normal supply has since resumed, conditions at fuel stations have not returned to normal.

in contrast, similar crises in other Asian countries were short-lived, as they adjusted fuel prices to stabilize the market.

in Bangladesh, fuel prices have not been adjusted since February 1, despite global market ?uctuations. State Minister for Power, Energy and Mineral Resources Anindya Islam Amit stated in late March that the Bangladesh Petroleum Corporation (BPC) is incurring daily losses of Tk 167 crore, which could amount to more than Tk 5,000 crore per month.

economist Mamun Rashid argued that failing to align domestic fuel prices with international markets is not sustainable, and that while price increases may have short-term impacts, they would be bene?cial in the long run. Global crude oil prices surged from $68 per barrel to $120 following the outbreak of war, later easing to around $98 during cease?re discussions, though volatility continues. During this period, most Asian countries-including Pakistan, India, Myanmar, Vietnam, Indonesia, and Thailand-adjusted fuel prices. Pakistan, for instance, increasedprices by 77%, with diesel now costing around Tk 235 per liter in Bangladeshi currency. Bangladesh remains an exception. Many analysts believe that keeping prices unchanged is encouraging panic buying, while contributing to long queues.

adjusting prices in line with global markets, they argue, could help ease demand pressure and restore stability in the fuel supply system. During the ongoing session of the national parliament, Finance Minister Amir Khosru Mahmud Chowdhury stated that an additional Tk 36,000 crore will be required this ?scal year to provide subsidies to the energy sector.

in the current budget, Tk 46,000 crore has already been allocated for subsidies in the power and energy sectors.

energy Minister Iqbal Hasan Mahmood informed parliament that the government is considering increasing fuel prices. Meanwhile, Prime Minister’s Adviser Zahed Ur Rahman recently told journalists that, given the current global situation, the government is actively reviewing the possibility of raising fuel prices. Recently, Prime Minister Tarique Rahman, speaking at an online conference of the Asia Zero Emission Community Plus, sought $2.0 billion in support from development partners to meet urgent energy needs. Due to war-related disruptions and rising global fuel prices, Bangladesh is facing signi?cant pressure. Not only fuel oil, but also higher LNG import costs and increased power generation expenses have sharply intensi?ed the ?nancial burden on the country’s importdependent energy sector. While the government is seeking external support to manage this pressure, it remains uncertain how long the situation can be sustained without adjusting domestic prices.

of?cials continue to claim that the country holds at least two months of fuel-diesel, octane, and petrol- reserves based on actual demand. Experts acknowledge that the government has shown prudence in sourcing re?ned fuel from outside the Middle East. However, petrol pump owners argue that they are not receiving suf?cient supplies-sometimes even less than during the same period last year-raising critical questions about where the imbalance lies.

analysts suggest that the government should immediately investigate the issue to identify inef?ciencies or losses in the supply chain from depots to fuel stations.

if supply is indeed lower than last year, it should be increased accordingly. Many also point out that the number of vehicles-especially petrol- and octane-run cars and motorcycles-is rising every year, meaning daily supply may need to be increased by at least 10% compared to last year.

others argue that Dhaka lacks an adequate number of refueling stations and suggest adding more dispensing units at existing facilities.

there are also concerns that diesel may be smuggled to neighboring India, where prices are higher, highlighting the need for stronger monitoring. Many energy analysts and economists believe that large subsidies are currently being provided on fuel, and that adjusting prices to re?ect market realities would help reduce panic buying.

they argue that such a move would gradually ease pressure at fuel stations and restore normalcy.

there is also hope that the ongoing cease?re in the Middle East will lead to a more durable resolution. While global oil prices may not fall rapidly, normalization of shipping-especially through the Strait of Hormuz-would signi?cantly improve supply conditions for Asian countries. Bangladesh’s energy sector is now under growing ?nancial stress.

in recent years, the BPC has largely remained in a comfortable position, needing subsidies in only one year since 2021 and even building up pro?ts of around Tk 20,000 crore. But that cushion is beginning to erode. With global fuel prices rising and domestic prices unchanged, losses are mounting again, raising concerns about how long the government can continue absorbing the cost without putting additional strain on public ?nances.

against this backdrop, restoring order to the fuel system is becoming increasingly urgent.

that means not only ensuring adequate supply, but also tightening oversight and making systems like fuel passes work effectively across the country.

equally important is how decisions are made. Policies imposed without consultation tend to create confusion and resistance. Bringing fuel suppliers, businesses, and consumers into the conversation can make solutions more practical and easier to implement. Without that kind of coordinated approach, the long lines at fuel stations are unlikely to disappear anytime soo