BRAC EPL Investments Partners with Paramount Solar to Boost RE Expansion

BRAC EPL Investments Ltd (BEIL) has entered into a strategic partnership with Paramount Solar Limited (PSL) recently, with BEIL serving as the corporate adviser to support the solar company’s expansion in Bangladesh’s renewable energy sector.

The collaboration is expected to help PSL raise funds to scale its operations, invest in advanced solar technologies, and expand access to clean energy solutions across the country, according to a press release. “We are delighted to work with Paramount Solar Limited as they explore fund-raising options to further expand and grow their business operations,” said Syed Rashed Hussain, chief executive officer of BEIL.

Mohammad Jahidul Abedin, director and chief financial officer of PSL, described the move as a milestone for the company. PSL, one of the fast-growing renewable energy companies in Bangladesh, is focused on delivering clean, affordable, and efficient solar power solutions.

The company aims to empower communities and industries by expanding access to reliable solar energy, supporting the nation’s shift toward a low-carbon future.

Indian State Awards Adani, Torrent Power Contracts for 2,400 MW Coal Plants

Adani Power and Torrent Power have bagged orders to cumulatively set up 2,400 megawatt (MW) coal power plants from the Indian central state of Madhya Pradesh, the two companies said in separate statements.

MP Power Management Company has awarded a contract to Torrent Power to supply 1,600 MW from a new coal-based power plant that would require an investment of 220 billion rupees ($2.51 billion), according to a statement by the company.

Adani Power would supply power in the central Indian state from a new 800 MW thermal power plant with an investment of 105 billion rupees ($1.20 billion), its fourth major power supply order in the last 12 months, the company said in a separate statement. PrimeMinisterNarendraModi’s government aims to lift coalbased power capacity by 80 GW to more than 290 GW by 2032, an increase of over onethird, to ensure a reliable, round-the-clock supply.

Govt to Purchase LNG

The Cabinet Committee on Government Purchase (CCGP) recently approved a series of import proposals, including the purchase of one cargo of liquefied natural gas (LNG) from the spot market and fertilizer imports for a total of Tk 2,000 crore. LNG will be purchased from TotalEnergies Gas and Power Ltd, United Kingdom, according to a proposal by the Energy and Mineral Resources Division placed at the meeting.

The cargo is priced at Tk 485 crore at a unit rate of $11.54 per MMBtu.

LPG Price Down in September

The government has reduced the price of LPG by Tk 0.25 per kg for September as international raw material costs stayed flat, according to the Bangladesh Energy R e g u l a t o r y Commission (BERC).

The price of LPG was set at Tk 105.87 per kg, down from Tk 106.11.

Accordingly, a 12kg cylinder – the most popular form – will now sell for Tk 1,270 instead of Tk 1,273.

A 15kg cylinder will sell for Tk 1,588, a 20kg cylinder for Tk 2,117, a 25kg cylinder for Tk 2,647, a 35kg cylinder for Tk 3,705, and a 45kg cylinder for Tk 4,764.

The price of reticulated LNG for homes has been set at Tk 102.12 per kg, while the Autogas price has been set at Tk 58.15 per liter.

Marina Tabassum Envisions Climate-Resilient Homes for River Erosion Victims

Marina Tabassum, e m i n e n t architect, Chairperson of the Board of Directors of the Bangladesh National Museum, and Chief Consultant of the July Uprising Museum, has become the first Bangladeshi to win the prestigious Aga Khan Award for Architecture this time for her innovative climate-resilient housing project, ‘Khudi Bari’ or climate-adaptive ‘Little House’. Designed to be lightweight and mobile, a Khudi Bari home can be built in three days and dismantled in just three hours, offering flexibility for families in vulnerable areas.

The Kudi Bari project gained momentum after 2022 with funding from the Swiss Development Corporation.

Tabassum initially tested the structures in Dhaka before expanding implementation to flood-prone districts, including Chandpur, Sunamganj, Jamalpur, Kurigram, and Meghna Char.

Ghorashal Thermal Power Plant Shut for 2.5 Months

Power generation at the 1,105-megawatt (MW) Ghorashal Thermal Power Plant in Narsingdi has remained suspended for around two and a half months due to multiple factors, including an ongoing gas crisis, according to its Chief Engineer Enamul Haque. Citing theprolongedshortage,he said production stopped at three major units this June — Unit-5 (210 MW) on June 9, Unit-4 (360 MW) on June 13, and Unit-7(360MW)onJune14.

The government has diverted gassupply tofertilizerfactories, prompting the Ministry of Power, Energy and Mineral Resourcestorequestalternative supplyarrangementsforpower generation.

Enamul Haque said that Units 4, 5 and 7 are mechanically sound and could resume operation immediately once gas becomes available.

Earlierin June,Unit-3 (360MW) went offline afteritsturbine rotor blades were damaged.

Repair work is now in the final stage and the unit will also resume generation once gas supply is ensured.

ExpertsUrge Shifting toRenewables, WarnagainstCostly Energy Expansion

Energy experts and environmental advocates have cautioned that Bangladesh’s growing reliance on imported fossil fuels and unchecked expansion of coal and LNGbased projects are threatening both economic stability and the ecosystem.

Speaking at an interactive session titled “Energy Expansion: Impact on Bangladesh’s Economy, Ecosystem and Fair Transition” held at Premier University in Chattogram recently, they also called for a swift transition to renewable sources.

The event was jointly organized by Dhara (Protect the Earth), Premier University, 350.org, and Waterkeepers Bangladesh, with the participation of youth climate activists, students, researchers, and civil society representatives.

Shafiqul Alam, lead analyst at the Institute for Energy Economics and Financial Analysis (IEEFA), said Bangladesh’s energy mix remains highly vulnerable. “Around40%ofourtotal energy supply and over half of our electricity generation depend on imports. Yet, only 2% comes from renewable sources,” he said.

He added that Bangladesh’s global ranking in energy security, equity, and sustainability has slipped to 83rd, down from 77th two years ago.

Two PWD Engineers Punished for Rooppur Irregularities

The Ministry of Housing and Public Works has taken disciplinary action against two officials of the public works department over abnormal expenses in the Rooppur Green City project in Pabna. Deputy assistant engineer Md Shahin Uddin has been compulsorily retired, while deputy assistant engineer Md Alamgir Hossain has been demoted to a lower pay grade, following findings of the investigations by the ministry and PWD, according to a Press Information Department handout, issued recently.

The probe, conducted over allegations of inflated costs in purchasing and installing furniture for the 16th and 20th floor buildings of the project in 2019, found both engineers guilty of misconduct under government service rules.

The aforesaid capital punishments were given in separate orders, signed by Md Nazrul Islam, secretary of the Ministry of Housing and Public Works, on the order of the president.

EDITORIAL

Electricity is no longer a luxury in rural Bangladesh.

It lights up homes after sunset, powers irrigation pumps, and keeps small businesses alive.

For millions of families, it means children can study at night and farmers can run their machines. Yet this lifeline is now caught in a damaging power struggle between the Rural Electrification Board (REB) and the Palli Bidyut Samities (PBSs). What began as disputes over rank parity, procurement, and governance has spiraled into strikes, dismissals, and sedition charges.

In the process, ordinary villagers the very people this system was built to serve are left anxious about whether their lights will stay on.

Mothers worry about losing refrigeration for food, students about studying in the dark, and shopkeepers about keeping their businesses open. PBS employees feel sidelined and unfairly treated, while REB insists it has followed due process.

But finger-pointing cannot deliver electricity.

Rural Bangladesh deserves better than being held hostage to bureaucratic rivalries and political indecision.

The solution must start with empathy and fairness: dropped cases, reinstated staff, and genuine dialogue to restore trust.

The contentious merger debate can wait.

For now, the priority is ensuring uninterrupted service and treating frontline workers with dignity.

Rural electrification has been one of Bangladesh’s proudest development stories.

Allowing it to falter because of institutional ego would be a betrayal of the people who rely on it most.

It is time for leaders to step up before darkness returns to the villages.

Bangladesh Needs $30b in Climate Funds, But Struggles to Get $1-$2b from IMF: Advise

Bangladesh needs $30 billion annually to tackle climate change impact, but bringing just $1-$2 billion from the IMF feels like an exhausting struggle, said Finance Adviser Dr Salehuddin Ahmed recently. Negotiations with the International Monetary Fund (IMF) forsecuring $5 billion will begin soon, he added when speaking at the inauguration of a training session titled ‘Navigating Climate Finance: Media Reporting’ held at PKSF auditoriuminAgargaon,Dhaka.

The Economic Relations Division and Palli Karma-Sahayak Foundation (PKSF) jointly organized the event.

The adviser said Bangladesh is among the countries most vulnerable to climate change due to its geography, frequent natural disasters, and large populations living on the margins in areas like Patuakhali and Shyamnagar.

Most of the crises here are man-made, he noted, adding that globally ‘we talk endlessly about climate change, but act too little.’ Against this omnipresent lethargy, Bangladesh stands as a crucial exampleofresilience and community-driven response, Salehuddin said.