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Energy & Power Magazine - EP_23_12 (Energy & Power Vol 22 Issue 12 December 1, 2025)

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In this issue

COP30 in Belém was never expected to save the world, but many hoped it might at least change its direction. Instead, the summit offered something far more sobering: a clear, human reminder of how difficult it has become to move nearly 200 countries toward meaningful climate action, even as the crisis grows more urgent by the day. Delegates arrived in the Amazon during a year of record heat and devastating climate disasters. Against that backdrop, Belém did deliver progress. Countries signaled that adaptation finance should triple by 2035. For the first time, they agreed on indicators to measure global resilience efforts. Developed nations recommitted to mobilizing USD 300 billion annually for climate finance, and the long-awaited Just Transition Mechanism finally took shape. Pledges for forests and loss and damage exceeded expectations, reflecting a genuine, if fragile, willingness to help vulnerable communities. But the heart of the story lies in what didn’t happen. The world still could not agree to reference, let alone phase out, fossil fuels. Political pressure from major producers erased every mention of transition from the final text. Brazil tried to keep hope alive with voluntary roadmaps, but without formal backing, they remain only that: hope. Belém revealed the limits of a system built on consensus in an increasingly divided world.
As nations turn toward COP31, one message rings painfully clear: small steps are no longer enough. The world doesn’t just need promises—it needs courage, and the will to act before the window finally closes.

India's Modi Expands Energy Ties with Bhutan

India and Bhutan expanded their energy ties recently during Prime Minister Narendra Modi's visit to the Himalayan nation, where he extended a 40 billion rupee (455 million) line of credit and inaugurated a hydroelectric power project.

1 mins

Adani Group to Invest $7.17b in Power Projects in India's Assam State

India's Adani Group said on 14 November it will invest about 630 billion rupees ($7.17 billion) in two major energy projects in the north-eastern state of Assam, including what will be the region's largest privately built coal-fired power plant.

1 mins

Russia's Oil, Gas Revenue May Fall by 35% in Nov

Russian state oil and gas revenue may fall in November by around 35 percent from the corresponding month in 2024, to 520 billion roubles ($6.59 billion), due to lower oil prices and a stronger local currency.

1 mins

US-Saudi Arabia Joint Declaration on Civil Nuclear Cooperation

United States Energy Association (USEA) President and CEO Mark Menezes recently released a statement regarding the of completion negotiations on Civil Nuclear Cooperation signed between US Secretary of Energy Chris Wright and the Kingdom of Saudi Arabia's Minister of Energy Prince Abdulaziz bin Salman AI Saud.

1 mins

Gas Well Drilling in Bangladesh Suspended Amid Quake Risk

All gas well drilling under Petrobangla has been suspended for 48 hours as a precaution amid heightened earthquake risk, officials said recently.

1 mins

ACC Raids Two Ctg BPDB Offices

The Anti-Corruption Commission has conducted raids on two offices of the Bangladesh Power Development Board in Chattogram region over allegations of irregularities.

1 mins

Fresh LP Gas Hosts Distributor Conference

Meghna Fresh LPG Limited honored its top-performing distributors and officials for the year 2025 with awards during its 'Fueling Partner Distributor Conference 2025' in Cox's Bazar, said a press release.

1 mins

Roadside Fuel Sales to Remain Suspended to Curb 'Misuse'

Roadside fuel sales will remain suspended for the time being to prevent any untoward incidents using such fuel, Home Adviser Lt Gen (2509 (retd) Alam Jahangir Chowdhury said recently.

1 mins

Gas Supply Halted at Panchabati-Muktarapur Due to Pipeline Damage

Gas supply has been suspended in the Panchabati Muktarapur area and its adjacent Narayanganj and Munshiganj districts after a gas pipeline was damaged during road construction work.

1 mins

Govt Approves Re-Fixed Levelized Tariffs for 7 Power Plants

The government, on 24 November, approved re-fixed levelized power tariffs to ensure the sustainable operation of seven power plants.

1 mins

Govt to Procure LNG from Aramco Trading Singapore

The government recently approved a proposal in principle for procuring LNG from Aramco Trading Singapore Pte Ltd. under short-term arrangement on Government-to-Government (G2G) basis to meet the country's growing demand for energy.

1 mins

Petrobangla Confirms Gas Flow from Kailashtila-1 Well After Successful Workover

After four months of work, Petrobangla has confirmed the restoration of gas from a previously closed well at the Kailashtila gas field in Sylhet.

1 mins

Belém's Hard Lesson

COP30 in Belem delivered mixed outcomes amid rising geopolitical tensions and record climate impacts.

7 mins

Power Sector Strains Under Subsidies, Tariffs and Debt

Prelude - Bangladesh's power sector is grappling with a wide range of challenges despite sustained government investments intended to build domestic and foreign confidence.

7 mins

Five Takeaways From COP30 In Belém

In Belem, particularly the importance of building enabling infrastructure for the energy transition gained further prominence, with discussions underscoring the need for expanded, modernized, and flexible grids to accommodate and encourage higher shares of renewable power generation.

3 mins

Climate Finance For Bangladesh: The Push To Unlock Carbon Credit Potential

To achieve its updated Nationally Determined Contributions (NDCs) and pursue a resilient, lowcarbon development pathway, Bangladesh requires tens of billions of dollars over the next decade. Government resources alone cannot meet this scale of financing need. Public budgets are stretched across competing priorities, such as infrastructure, health, and social protection.

3 mins

Towards A Safer Energy Future: Transforming Bangladesh's Household Gas Safety

Bangladesh has seen a steady rise in domestic gas usage, making gas cooking appliances essential part of everyday life. Yet the lack of standardized safety regulations has contributed to a growing number of gas-related accidents, including leaks, fires, and explosions, resulting in injuries and fatalities.

10+ mins

Costly Gas Grid Expansion Demands Urgent Policy Overhaul

Gas Transmission Company Limited (GTCL), a Petrobangla subsidiary mandated to own and operate Bangladesh's gas transmission grid, has invested heavily in new infrastructure over the past decade and a half. Today, GTCL's high-pressure transmission network stretches across the country—from Moheshkhali in the southeast to Rangpur in the northwest, and from Beanibazar in the north to Khulna in the south. Its pipelines and related facilities can transport more than 6,000 MMCFD of gas. The only missing link in this nationwide system is the segment needed to connect the stranded gas reserves of Bhola Island to the national grid.

3 mins

Japan Set to Restart World's Biggest Nuclear Plant: Reports

Japan is set to give the green light soon to restart the world's biggest nuclear plant, local media reported recently.

1 mins

Bangladesh to be 2nd-Largest LNG Importer in South Asia by 2035: IEA

(LNG) Bangladesh's liquefied natural gas imports imports are likely to outpace Pakistan's by 2035, making it the second-largest importer in South Asia after India, according to a projection by the International Agency (IEA).

1 mins

Adopt Sustainable Energy to Protect Economy: Experts

Bangladesh must urgently transition to a sustainable and investment-ready energy system to protect industrial growth and ensure economic stability, experts said at a recent policy dialogue.

1 mins

New Fertilizer Factory Planned in Bhola to Utilize Local Gas: Industries adviser

Industries Adviser Adilur Rahman Khan has said the government plans to establish a modern urea fertilizer factory in Bhola to utilize the district's large gas reserves.

1 mins

Eight Power Plants Go Off-Grid Due to Quake

Power, energy, and mineral resources adviser Muhammad Fouzul Kabir Khan has said that at least eight power plants across Bangladesh went off-grid following an earthquake in a recent morning.

1 mins

Haor Land should not be Used for Solar Power Plants: Speakers

Speakers at a recent program in Moulvibazar urged government the to take steps to use barren land instead of using haor land for installing solar power plants in the district.

1 mins

Reliance on Spot LNG Imports Set to Shrink in 2026

Bangladesh will cease importing liquefied natural gas (LNG) from the spot market for the remainder of 2025, as the government plans to meet all remaining demand through long-term supply contracts.

1 mins

United Power's Quarterly Profit Falls as Revenue Drops, Costs Climb

After reporting its highest-ever annual profit in FY25, United Power Generation & Distribution Company's firstquarter profit plunged 30 percent year-on-year to Tk 2.92 billion in the three months to September, due to lower revenue and higher production costs.

1 mins

Jamuna Oil's Profit Hits All-Time High on Margin Hike, Interest Gains

Jamuna Oil Company earned a record profit of Tk 6.48 billion in FY25, supported by higher sales margins and substantial income from bank deposits.

1 mins

DESCO Back in Profit in Q1 on Increased Distribution Margin

Company Dhaka Electric Supply (DESCO) secured a profit of Tk 583 million in the first quarter through September this year, marking a strong turnaround from a loss of Tk 322 million in the same quarter last year.

1 mins

Summit Power Sees Fall in Revenue, Rise in Net Profit in Q1

After suffering an 87.86% drop in annual profit in the 2024-25 fiscal year, Summit Power Limited, an independent power producer, has reported a 13.89% rise in net profit in the first quarter of the current fiscal year, despite a significant fall in revenue.

1 mins

HC Bars Adani from Proceeding with Singapore Arbitration over Power Dues

The High Court has issued an injunction preventing India's Group Adani from proceeding with arbitration in Singapore regarding unpaid bills under a power purchase agreement with Bangladesh.

1 mins

IDCOL Requests Tk10b Support for Installation of 300 MW Green Power

Infrastructure Development Company Limited (IDCOL) has now turned its focus on promoting rooftop solar systems for both industries and public infrastructures.

1 mins

Third Cohort of Shoktikonna Graduates Held

The Shoktikonna Third Cohort Graduation Ceremony, held on 24 November 2025, celebrated a new generation of young women leaders committed to advancing Bangladesh's sustainable and inclusive energy future.

1 mins

Bangladesh's RE Shift Lags as Region Races Ahead

Bangladesh has significantly expanded electricity generation capacity over the past decade, but its shift to renewable energy remains among the slowest in Asia.

1 mins

Global RE Investment Hit $807b in 2024

Global investments in the energy transition reached a new record of USD 2.4 trillion in 2024 - a 20% increase from the average annual levels of 2022/23.

1 mins

IDCOL Wins Asian Power Awards 2025

Infrastructure Development Company Limited (IDCOL) has been named \"Solar Power Project of the Year - Bangladesh\" winner at the Asian Power Awards 2025, which celebrated regional energy leaders at an awards dinner held on 23 October 2025 in Kuala Lumpur, Malaysia.

1 mins

EU, Germany and Bangladesh Launch Agrivoltaics Pilot to Accelerate Green Transition

Bangladesh has launched its first structured Agrivoltaics Pilot Project alongside the establishment of the National Working Group on Agrivoltaics and Floating Solar, marking an important step in promoting innovative renewable energy solutions that make efficient use of limited land resources.

1 mins

Adani Group Announces Strategic Entry into Battery Energy Storage Sector

Adani Group announces its foray into the Battery Energy Storage Systems (BESS) sector with a pioneering 1126 MW/3530 MWh project.

1 mins

China's Clean Energy Dominance is COP30's Real Story

As COP30 kicks off in Belem, Brazil, the focus of the climate debate is on pledges and targets.

1 mins

Thailand Launches Southeast Asia's First Industrial Heat Battery

At SCG's cement plant in Saraburi Province, Thailand, Rondo Energy and SCG Cleanergy have inaugurated Southeast Asia's first industrial heat battery.

1 mins

Bangladesh Seeks Climate Justice at COP30

Bangladesh has emphasized justice, ambition and urgent global solidarity in the face of escalating climate impacts at COP30 in Brazil's Belйm.

1 mins

Urban Green Space Continues to Decline Globally

Husqvarna Group recently presents the Urban Green Space Insights (HUGSI) Report 2025, which uses AI and satellite data to measure green spaces in cities worldwide.

1 mins

Global Action on Pashur River Warns Fossil Fuel Growth Undermines Climate Goals

Speakers at a recent global action event on the Pashur river warned that the pace of fossil gas extraction is obstructing global climate ambitions, particularly as energy demand continues to rise across the Global South.

1 mins

Private Sector to Lead Climate Resilience in Bangladesh, South Asia

South Asia, with its dense population, rising temperatures and exposed geography, remains one of the world's climate-vulnerable and Bangladesh is most regions among the hardest hit.

1 mins

DoE Shuts Illegal Brick Kilns, Fines TK 18 Lakh in Savar

The Department of Environment (DOE) recently a special conducted enforcement drive in Savar Upazila to curb air pollution and implement the degraded air shed declaration, shutting down several illegal brick kilns and realizing fines amounting to TK 18 lakh.

1 mins

Global Progress on Energy Efficiency Picks Un in 2025

A key measure of global progress on energy efficiency is set to accelerate in 2025, according to the latest annual update from the IEA, a sign of improving momentum in an important area for strengthening energy security and economic competitiveness while reducing energy costs and emissions.

1 mins

Must Commit to Climate-Resilient Energy Future, CSOs Urge Parties

As the country moves toward the pivotal 2026 national elections, a coalition of prominent civil society organizations recently urged political parties to adopt bold, future-focused commitments to dismantle fossil fuel dependence, enhance national energy sovereignty and safeguard vulnerable communities through a just, equitable and climate-resilient energy transition.

1 mins

World's Fossil Fuel Emissions to Hit New Record in 2025: Study

Global fossil fuel emissions are set to hit a new high in 2025, according to research published recently that also warns curbing warming under 1.5C would now be essentially \"impossible\".

1 mins

EU Moves to Bar 'Green' Labels for Fossil Fuel Investments

The European Commission said recently it wants to exclude companies involved in fossil fuels from financial products marketed as \"sustainable\" in the EU, a step long demanded by environmental groups and experts.

1 mins

Loan-Heavy Climate Finance is Pushing Frontline Nations Toward a Debt Trap: New Analysis

Change Initiative recently disseminated the Climate Debt Risk Index 2025 (CDRI'25) jointly with Young Power in Social Action (YPSA), finding that loan-dominant climate finance, slow cash delivery, and high exposure to climate shocks are combining to raise debt risks across dozens of low-income and climate-vulnerable countries.

1 mins

Experts for Green Inclusive Finance for Climate-Resilient Bangladesh

Policymakers and development experts at discussion meeting in Dhaka have called for adopting green inclusive finance as a national framework to link financial inclusion with climate action for the poor and low-income vulnerable populations in Bangladesh.

1 mins

Energy Transition Must Support, Not Undermine, Bangladesh's Industrial Future

Civil society plays an important role in shaping public opinion on climate action and energy transition. But their advocacy must also reflect global and domestic realities. Otherwise, well-intentioned pressure could harm the country's industrialization and employment prospects. Given current technological and financial constraints, the idea of Bangladesh reaching 100% renewable energy by 2050 is unrealistic.

6 mins

NO ROADMAP AT СОРЗО TO TRANSITION AWAY FROM FOSSIL FUELS

The curtain on COP30 or the UN Climate Change Conference in the Brazilian city of Belem fell in the last week of November amid commitments, hopes, rage and disappointment. There have been reaffirmation of commitments to move away from fossil fuels, but the pledges by the rich countries have fallen short of any concrete roadmap of how to cut down the carbon emission responsible for global warming. The culprits behind the global warming have long been identified as coal, oil and gas. Sadly, like in the previous years the rich nations failed to live up to the expectations of at least 80 countries which pressed for the concrete roadmap on how to implement the commitments on reducing the use of fossil fuels and check the global warning at 1.5C of pre industrial level. Once again the fossil fuel — the elephant in the room — got less attention from the rich nations. Even though the summit saw deep divisions among the nations some positive developments did not go unnoticed.

1 mins

Read all Stories from Energy & Power

Energy & Power Magazine Description:

Publisher: Energy-&-Power

Category: Business

Language: English

Frequency: Fortnightly

Energy & Power (EP) is the first and only full-fledged fortnightly magazine that deals with the much cried over energy and power sector in Bangladesh. Since its inception in June 16, 2003, EP is working very hard to

a) Develop public consciousness on sustainable and even development of energy sector;

b) Assist the policy makers in assuming pragmatic policies for a balanced development of the energy sector;

c) Continuous supply of information among public; and

d) Develop a group of reporters in this field

Bangladesh is an energy deficit country like other countries in the region and most of the people do not have adequate access to the energy and power. The country is completely dependent on fossil energy source; at the same time, it is one of the most inefficient energy using countries in the world.

It lacks efficiency in planning, management, generation, distribution, load management and even at the end user level consumption.

In spite of the above drawbacks, issues relating to utilization of renewable energy, exploring alternative use of energy, planned use of environment friendly energy are significantly undermined in Bangladesh.

The biggest challenge of Bangladesh is to find a path for balanced growth of its energy sector. Despite its resource constraints, EP dynamically strives to provide theenergy sector with a flow of information and create public awareness; so that policymakers get guidelines and platforms for its sustainable development.

Code of Ethics

EP believes that public enlightenment is the forerunner of justice and the foundation of democracy. The duty of a journalist is to further those ends by seeking truth and providing a fair and comprehensive account of events and issues and professional integrity is the cornerstone of a journalist's credibility. We strive to serve the public with thoroughness and honesty.

The EP editorial policy is to share a dedication to ethical behavior and uphold the zero conflict of interest principles and highest standards of practice.

EP believes in

o Seeking truth and reporting the same

o Minimize harm