Energy

The Bangladesh Power Development Board (BPDB) confirmed it transferred a record $437 million in June to settle mounting arrears with Adani Power Jharkhand Ltd (APJL), the Indian firm operating the 1,496-megawatt Godda Ultra Supercritical Thermal Power Plant in Jharkhand.

Reaffirming the United States’ commitment to fostering commercial ties, the U.S. Mission in Pakistan announced its continued support for American businesses interested in operating within the country.

With Bangladesh’s energy demand rising and domestic generation under pressure, the power from APL’s Godda plant plays a vital role, particularly in northern regions. Any disruption in this supply could significantly impact industrial and residential consumers.

Bhutan stands at a crossroads between survival and sacrifice, tradition and transformation. Its model is not perfect—but it offers the world something rare: a vision of development that does not cost the Earth.

A core feature of the initiative includes $40 million in World Bank Group guarantees in the first phase. This will help reduce risks for private investors and energy producers.

Adding to the complexity, the Power Grid Company of Bangladesh has yet to complete six substations critical for evacuating electricity generated at the Meghnaghat hub. Sources say these substations are unlikely to be ready before August.

The report estimates an average annual growth rate of 33 per cent in rooftop solar installations over the next two fiscal years – driven by a combination of rising energy demands, falling technology costs, and supportive policy frameworks.

While the previous government’s reforms aimed at increasing transparency, efficiency, and private sector involvement, the Dissanayake administration appears to be prioritising a different approach, potentially curbing or modifying privatisation efforts.