To prevent an impending energy crisis this summer, private power producers in Bangladesh have requested $1 billion in foreign currency from the nation’s central bank. They plan to use the funds to import heavy fuel oil, as reported by Bloomberg.
Buying gasolineThe companies are looking for the banks to furnish them with dollars so they may issue letters of credit to buy gasoline from abroad, according to a letter the industry lobbying group, Bangladesh Independent...
https://mfame.guru/bangladesh-utilities-seek-1-billion-for-fuel-to-avert-blackouts/