Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

International

Bangladesh: Transformer blasts result in losses worth $37.5 million in 2013-14 fiscal

September 26, 2014 Reprints

A recent study has found that around 39,000 power distribution transformers exploded in Bangladesh during the 2013-14 fiscal year, causing losses worth 2.9 billion Bangladeshi takas ($37.5 million), reports the Dhaka Tribune.

In August itself, a loss of about BDT 300 million was reported as 4,040 transformers exploded. The study said that currently, 70-80% of the transformers installed across the country are at a risk of exploding.

Help

Bangladesh: Transformer blasts result in losses worth $37.5 million in 2013-14 fiscal

Readers Poll

Most Read in International

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources