BR100 Decreased By (-0.54%)
BR30 Decreased By (-0.74%)
KSE100 Decreased By (-0.42%)
KSE30 Decreased By (-0.37%)
AGHA 6.62 Decreased By ▼ -0.05 (-0.75%)
BECO 4.39 Increased By ▲ 0.04 (0.92%)
BML 54.95 Decreased By ▼ -1.22 (-2.17%)
BOP 29.93 Decreased By ▼ -0.19 (-0.63%)
CNERGY 12.80 Decreased By ▼ -0.18 (-1.39%)
CSIL 5.20 Decreased By ▼ -0.11 (-2.07%)
FCCL 51.18 Decreased By ▼ -0.47 (-0.91%)
FFL 14.40 Decreased By ▼ -0.09 (-0.62%)
FNEL 1.23 Increased By ▲ 0.02 (1.65%)
KEL 6.03 Decreased By ▼ -0.03 (-0.5%)
KOSM 5.60 Decreased By ▼ -0.24 (-4.11%)
LOTCHEM 26.07 Decreased By ▼ -0.10 (-0.38%)
MLCF 89.90 Decreased By ▼ -1.33 (-1.46%)
NBP 162.53 Decreased By ▼ -1.66 (-1.01%)
NCPL 52.37 Decreased By ▼ -0.81 (-1.52%)
NPL 57.85 Decreased By ▼ -1.27 (-2.15%)
OGDC 313.00 Decreased By ▼ -0.39 (-0.12%)
PACE 9.71 Decreased By ▼ -0.06 (-0.61%)
PAEL 34.90 Decreased By ▼ -0.34 (-0.96%)
PIBTL 14.37 Decreased By ▼ -0.34 (-2.31%)
PPL 219.15 Decreased By ▼ -2.21 (-1%)
PRL 91.60 Increased By ▲ 0.38 (0.42%)
PTC 59.25 Increased By ▲ 0.06 (0.1%)
SSGC 23.37 Increased By ▲ 0.07 (0.3%)
TBL 8.65 Decreased By ▼ -0.10 (-1.14%)
TELE 7.47 Decreased By ▼ -0.14 (-1.84%)
TPL 21.32 Decreased By ▼ -0.71 (-3.22%)
TPLP 12.14 Decreased By ▼ -0.42 (-3.34%)
TREET 21.64 Decreased By ▼ -0.09 (-0.41%)
TRG 55.20 Decreased By ▼ -0.59 (-1.06%)
World

Bangladesh shuts universities early to save power amid energy crisis

  • Bangladesh will close all universities from Monday
Published Updated
Photo: Reuters
Photo: Reuters
By

DHAKA: Bangladesh will close all universities from Monday, bringing forward the Eid al-Fitr holidays as part of emergency measures to conserve ​electricity and fuel amid a worsening energy crisis linked to ‌the conflict in the Middle East.

Authorities said the decision applies to all public and private universities across the country, a move that officials said will not only ​reduce electricity consumption but also ease traffic congestion, which leads ​to fuel wastage.

Bangladesh rations fuel as Mideast war deepens energy crunch

Officials said university campuses consume large amounts of ⁠electricity for residential halls, classrooms, laboratories and air conditioning, and the ​early closure would help ease pressure on the country’s strained power ​system.

Government and private schools in Bangladesh are already closed for the Islamic holy month of Ramadan, meaning most educational institutions across the country will now remain shut ​during the period.

Oil prices surge 20% on supply fears as US-Israeli war with Iran expands

The move comes as Bangladesh faces mounting uncertainty over ​fuel and gas supplies following disruptions to global energy markets caused by the ongoing ‌conflict ⁠in the Middle East.

The country, which relies on imports for 95% of its energy needs, imposed daily limits on Friday on fuel sales after panic buying and stockpiling.

As part of broader austerity measures, the government has also ​asked all foreign‑curriculum schools and ​private coaching ⁠centres to suspend operations during this period to limit electricity use.

Severe gas shortages have already forced Bangladesh to halt ​operations at four of its five state‑run fertiliser ​factories, redirecting ⁠available gas to power plants to avoid widespread outages.

The country has also bought LNG from the spot market at sharply higher prices while seeking additional ⁠cargoes ​to bridge supply gaps.

“We are doing everything ​we can to reduce consumption and ensure stability in power, fuel and import supplies,” a ​senior energy ministry official said.

Comments

Comments are closed for this article.