Business
Energy & Power
Process Ongoing for LNG Deal with Truant Firm Socar
Preparation stream is on to award a liquefied natural gas (LNG)-supply contract to a truant foreign firm that had previously left Bangladesh without completing a contracted drilling job, sources say, stoking fresh concerns.
1 min |
EP_23_16 (Energy & Power Vol 23 Issue 16 Feb 1, 2026)
Energy & Power
IDCOL Strengthens Climate Commitment by Joining PCAF
Infrastructure Development Company Limited (IDCOL) has become a signatory to the Partnership for Carbon Accounting Financials (PCAF), reinforcing its strong commitment to sustainability and climate action.
1 min |
EP_23_16 (Energy & Power Vol 23 Issue 16 Feb 1, 2026)
Energy & Power
Samos Energy, FPSO Ventures Set to Own, Operate Bualuang FSO
The Suksan Salamander FSO is currently deployed on the Bualuang oil field offshore Thailand, operated by Medco Energi Thailand.
1 min |
EP_23_16 (Energy & Power Vol 23 Issue 16 Feb 1, 2026)
Energy & Power
ADB Approves $400m for Resilient, Inclusive Development in Bangladesh
The Asian Development Bank (ADB) recently approved a $400 million loan to help Bangladesh enhance its resilience against climate impacts, cut emissions in climate-critical and promote sectors, inclusive development.
1 min |
EP_23_16 (Energy & Power Vol 23 Issue 16 Feb 1, 2026)
Energy & Power
BIPPA's AGM, Highlights Achievements and Sets Priorities for 2026
The Independent Producers Bangladesh Power Association (BIPPA) successfully held its 10th Annual General Meeting December (AGM) on 11 2025 at the BIPPA Secretariat in Dhaka.
1 min |
EP_23_16 (Energy & Power Vol 23 Issue 16 Feb 1, 2026)
Energy & Power
Rizwana Urges Stopping Unnecessary Honking to Curb Noise Pollution
Syeda Rizwana Hasan, Adviser for Information and Broadcasting and Environment, Forests and Climate Change recently urged people from all walks of life to avoid unnecessary honking as part of efforts to control noise pollution.
1 min |
EP_23_16 (Energy & Power Vol 23 Issue 16 Feb 1, 2026)
Energy & Power
Bangladesh Bank Allows 270-Day Credit for LPG Imports
Bangladesh Bank has relaxed import rules liquefied petroleum gas, permitting importers to use credit facilities of up to 270 days, a move aimed at easing dollar liquidity pressure and ensuring steady LPG supplies in the domestic market.
1 min |
EP_23_16 (Energy & Power Vol 23 Issue 16 Feb 1, 2026)
Energy & Power
BPDB's Debt Spiral Threatens Power Stability
The financial position of the Bangladesh Power Development Board (BPDB) has deteriorated to an alarming level. Caught at the center of mounting sector-wide stress, BPDB—the sole intermediary between power generation and distribution—has been overwhelmed by escalating losses driven by high global fuel prices, currency devaluation, unpaid bills, and the growing burden of capacity payments. This situation has triggered a domino effect across the country's private power sector, threatening both operational viability and the investment climate that once underpinned Bangladesh's rapid expansion in generation capacity.
3 min |
EP_23_16 (Energy & Power Vol 23 Issue 16 Feb 1, 2026)
Energy & Power
19 Companies Offered Offshore Licenses under Latest Norwegian Exploration Round
Many of the awards will support exploration close to existing offshore infrastructure. Others could open up new plays or development of technically demanding discoveries.
1 min |
EP_23_16 (Energy & Power Vol 23 Issue 16 Feb 1, 2026)
Energy & Power
Regional Dialogue on Sustainable Blue Economy
A two-day regional dialogue titled \"Northeast Indian Ocean Regional Dialogue on Sustainable Blue Economy, connectivity, and resilience\" was held in Dhaka recently.
1 min |
EP_23_16 (Energy & Power Vol 23 Issue 16 Feb 1, 2026)
Energy & Power
Building Bridges for a Greener World: Singapore's Climate Strategy
Singapore is advancing climate action through collaborations with governments, businesses and international organizations.
1 min |
EP_23_16 (Energy & Power Vol 23 Issue 16 Feb 1, 2026)
Energy & Power
Bangladesh Seeks Consultants for 220 MW Solar Project
A tender is open in Bangladesh seeking consultants to support the development of the 220 MW Sonagazi solar project. The deadline for expressions of interest is February 3.
1 min |
EP_23_16 (Energy & Power Vol 23 Issue 16 Feb 1, 2026)
Energy & Power
Survey Finds 47% of Solar Home Systems Failing Across Bangladesh
A joint survey by Centre for Policy Dialogue (CPD) and Bengali daily Samakal has found that 47 percent of household solar power installations in Bangladesh are no longer functioning, raising concerns over the sustainability of the country's renewable energy programs.
1 min |
EP_23_16 (Energy & Power Vol 23 Issue 16 Feb 1, 2026)
Energy & Power
US Govt Cuts $83b in Loans, Reversing Energy Transition Funding
The U.S. Department of Energy moved to de-obligate or revise billions in financing for clean energy projects while prioritizing natural gas and nuclear power.
1 min |
EP_23_16 (Energy & Power Vol 23 Issue 16 Feb 1, 2026)
Energy & Power
Govt to Import LPG to Stabilize Market
The government is planning to import liquefied petroleum gas (LPG) through the state-owned Bangladesh Petroleum Corporation (BPC) to stabilize the domestic market and protect consumers from artificial shortages and price volatility.
1 min |
EP_23_16 (Energy & Power Vol 23 Issue 16 Feb 1, 2026)
Energy & Power
Mitsubishi Power Lands Significant Gas Turbine Order for Qatar's Facility E IWPP Project
Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), announced recently that it has been awarded a contract in cooperation with Samsung C&T Engineering.& Construction Group, an Engineering, Procurement, and Construction contractor appointed by Ras Abu Fontas Power Company, and in partnership with Qatar General Electricity and Water Water Corporation (KAHRAMAA).
1 min |
EP_23_16 (Energy & Power Vol 23 Issue 16 Feb 1, 2026)
Energy & Power
Navy Seeks Land Work in Maheshkhali Solar Plant to Protect Submarines, Cables
Bangladesh Navy has expressed interest in carrying out land development for the 160 megawatt solar power plant being planned by Bay of Bengal Power Company (Pvt) Limited, a joint venture of Bangladesh Power Development Board (BPDB) and China Huadian Hong Kong Limited.
1 min |
EP_23_16 (Energy & Power Vol 23 Issue 16 Feb 1, 2026)
Energy & Power
Türkiye Pushes for Climate Diplomacy Lead with COP31
The government launched preparations ahead of this year's COP31 summit, 'where countries will consult with Türkiye while making critical decisions,' according to the minister in charge of the summit.
1 min |
EP_23_16 (Energy & Power Vol 23 Issue 16 Feb 1, 2026)
Energy & Power
MHI, ITB Deepen Research Collaboration on Ammonia-Based Clean Power in Indonesia
Mitsubishi Heavy Industries, Ltd. (MHI) and Indonesia's Institut Teknologi Bandung (ITB) have signed a new research agreement to extend their longstanding collaboration on the exploration of clean power generation, further advancing research related to ammonia-based fuel applications.
1 min |
EP_23_16 (Energy & Power Vol 23 Issue 16 Feb 1, 2026)
Energy & Power
Power Generation Halted at Barapukuria Plant after Boiler Tube Bursts
Power generation at Unit-1 of the Barapukuria Thermal Power Plant in Dinajpur was suspended on January 18, 2026 after a boiler tube burst, bringing electricity production at the plant to a complete halt.
1 min |
EP_23_16 (Energy & Power Vol 23 Issue 16 Feb 1, 2026)
Energy & Power
SE Asia's Clean Energy Push: Climate Action as a Path to Economic Competitiveness
Southeast Asia is standing at an important moment as the global economy moves toward a low-carbon future. Countries such as Malaysia, Thailand, and Indonesia have recently updated their climate commitments, showing stronger intent to cut emissions and move away from fossil fuels.
1 min |
EP_23_16 (Energy & Power Vol 23 Issue 16 Feb 1, 2026)
Energy & Power
GEF Councils Approve $372m for Climate, Biodiversity, Pollution
The GEF Council approved a Work Program that will allocate USD 290.6 million to 30 projects and programs across 56 countries.
1 min |
EP_23_16 (Energy & Power Vol 23 Issue 16 Feb 1, 2026)
Energy & Power
Renewables Jobs See First Slowdown Amid Global Deployment Growth
Despite renewable energy installations hitting a new peak, jobs in the sector only increased by 2.3% from 2023, reaching 16.6 million in 2024.
1 min |
EP_23_16 (Energy & Power Vol 23 Issue 16 Feb 1, 2026)
Energy & Power
25yr Roadmap Seeks Massive Investment in Gas, Power Sectors
The interim government has approved a transformative 25-year roadmap aimed at overhauling Bangladesh's crisis-ridden energy and power sector by drastically reducing import reliance, increasing domestic domestic gas exploration, and pivoting towards sustainable green energy.
1 min |
EP_23_16 (Energy & Power Vol 23 Issue 16 Feb 1, 2026)
Energy & Power
AkijBashir Group Launches 3-Layer Insulated Cable
AkijBashir Cables has introduced Bangladesh's first three-layer insulated cable manufactured using advanced technology.
1 min |
EP_23_16 (Energy & Power Vol 23 Issue 16 Feb 1, 2026)
Energy & Power
Natural Gas Prices Surge 23% on Cold Shock, Short Covering
US natural gas prices recently surged sharply, posting one of the largest single-day gains seen this winter as the market quickly repriced near-term supply risk.
1 min |
EP_23_16 (Energy & Power Vol 23 Issue 16 Feb 1, 2026)
Energy & Power
Rising Coal Demand Overshadows SE Asia's Transition to RE
Southeast Asia's demand for coal is growing faster than anywhere else in the world, undermining efforts to lower carbon emissions that contribute to global warming.
1 min |
EP_23_16 (Energy & Power Vol 23 Issue 16 Feb 1, 2026)
Energy & Power
Thailand's Election Pledges for Cheaper Power Risk Energy Transition, Experts Warn
As candidates promise to lower power bills to win public support, economists warn that broad electricity subsidies could cause longterm harm.
1 min |
EP_23_16 (Energy & Power Vol 23 Issue 16 Feb 1, 2026)
Energy & Power
Bhola Gas: A Costly National Paradox
It is deeply unfortunate and frustrating that, while Bangladesh's energy sector continues to suffer from an acute gas shortage, the gas at the Bhola gas fields remains stranded due to the absence of evacuation infrastructure. Natural gas was discovered at the Shahbazpur field in Bhola by BAPEX in the mid-1990s. From 1995 to 2026, more than three decades have passed. During this time, BAPEX drilled and developed several additional wells and discovered two more gas structures.
3 min |
EP_23_16 (Energy & Power Vol 23 Issue 16 Feb 1, 2026)
Energy & Power
Chevron-Led Partnership Sanctions Increased Gas Production Measures at Leviathan Offshore Israel
The phased program will initially entail adding more wells, subsea facilities and enhancements to the platform, which receives gas from the Leviathan Field in the eastern Mediterranean Sea.
1 min |