Rainwater could meet up to 60pc water demand at garment factories
Harvested rainwater currently meets 15 per cent to 60 per cent of the demand for non-drinkable water at textile and garment factories, helping the industry further its green movement by reducing dependence on groundwater. Of the 65 textile and garment manufacturers surveyed, 12 units have rainwater catchment areas of 2,000 square metres while the remaining 53 factories have catchment areas ranging from 2,000 to 8,000 square metres. The annual demand for non-drinkable water in 17 of these factories is 10,000 cubic metres, while it ranges between 10,000 and 50,000 cubic metres in the remaining 48 units.As such, around 34 of the factories have the potential to harvest 10,000 cubic metres of rainfall while the other 31 could harvest anywhere from 10,000 to 30,000 cubic metres each year. Six of these units meet 15 per cent of their demand for non-drinkable water from the harvested rainwater while 59 meet up to 60 per cent of their demand from the same source.
Chandpur Power set to begin production
Doreen Power Generations and Systems Limited yesterday announced that its subsidiary, Chandpur Power Generation, has completed a 100-hour reliability run test as per the power purchase agreement signed with the Bangladesh Power Development Board. Doreen Power, a listed power producer, submitted a letter to BPDB on February 12 for the issuance of a formal declaration certificate effective from February 11, 2022, as per the agreement.The 115-megawatt heavy fuel oil-based power plant will produce and supply electricity for 15 years, generating around Tk 1,102 crore in revenue each year. Doreen Power holds a 99.90 per cent stake in the Chandpur-based power producer.Doreen Power’s earnings per share rose to Tk 4.86 in the first half of the current financial year, against Tk 3.85 during the same period in 2020-21. However, the company’s share yesterday dropped 0.52 per cent to Tk 76.10 on the Dhaka Stock Exchange (DSE).
No charge on credit cards before activation: BB
From now on, no charges or fees can be imposed on customers before the activation of credit cards, Bangladesh Bank said in a notice yesterday. However, non-transactional charges can be imposed with the customer’s consent only after activation of a credit card.The banking regulator said to have observed banks imposing different types of non-transaction charges, including annual fees and SMS fees, on credit cards even before their activation.