Power cuts are likely to increase in June as the dollar crisis, fuel shortage and maintenance work leave around 45 percent of the country's power generation capacity unutilised at a time when the mercury is rising again.
Dhaka Electric Supply Company Ltd (Desco) posted a 14.50 per cent decline in profit in the financial year that ended on June 30. The state-run power supplier reported earnings per share of Tk 1.59 in 2021-22, down from Tk 1.86 recorded during the previous financial year of 2020-21.