Business
Energy & Power
Sudden Withdrawal Of Subsidies To Put Economy In Crisis
Over the years, the expenditure in the power and energy sector has consistently exceeded its revenue, leading to mounting losses.
6 min |
EP_22_20 (Energy & Power Vol 22 Issue 20 April 1, 2025)
Energy & Power
BD to Import Four Spot LNG Cargoes in Apr
Bangladesh's state-run Rupantarita Prakritik Gas Company Ltd (RPGCL) has floated one fresh tender and re-issued one to purchase two spot LNG cargoes respectively for April 23-24 and April 14-15 delivery windows.
1 min |
EP_22_20 (Energy & Power Vol 22 Issue 20 April 1, 2025)
Energy & Power
Three More RMG Factories Receive LEED Certification
Three more Bangladeshi garment manufacturing factories have been awarded Leadership in Energy and Environmental Design (LEED) certificates, with the country's RMG sector further cementing its position in the global markets.
1 min |
EP_22_20 (Energy & Power Vol 22 Issue 20 April 1, 2025)
Energy & Power
Gas Reserves in European UGS Facilities Down to Around 36%
Gas reserves in urope's GEF underground gas storage (UGS) facilities have fallen to around 36% for the first time in more than three years, while pumping into UGS facilities has slowed down amid a fall in temperature this week, according to data provided by Gas Infrastructure Europe (GIE).
1 min |
EP_22_20 (Energy & Power Vol 22 Issue 20 April 1, 2025)
Energy & Power
CNOOC Starts Up Two Projects Offshore China
Caofeidian 6-4 Oilfield Comprehensive Adjustment Project is in the western part of the Bohai Sea in eastern China, in water depths of about 20 m.
1 min |
EP_22_20 (Energy & Power Vol 22 Issue 20 April 1, 2025)
Energy & Power
Chinese Solar Panel Giant Longi to Invest in Bangladesh: Envoy
Longi, the largest solar panel manufacturer in the world, has decided to set up an office and invest in solar manufacturing in panel Bangladesh, Chinese Ambassador to Bangladesh Yao Wen said recently.
1 min |
EP_22_20 (Energy & Power Vol 22 Issue 20 April 1, 2025)
Energy & Power
Bangladesh Seeks to Improve Net Metering for Rooftop PV
Bangladesh is seeking to overhaul its net-metering policy to encourage rooftop PV deployment by allowing 100% power injection and expanding eligibility to all grid-connected users, including those with single-phase and prepaid meters.
1 min |
EP_22_20 (Energy & Power Vol 22 Issue 20 April 1, 2025)
Energy & Power
DESCO Tenders 120 MW of Solar
Dhaka Electric Supply Co. (Desco), a Bangladeshi power distribution company, has launched a tender for 120 MW of on-grid solar, to be installed in eight lots of 15 MW. The deadline for applications is May 5.
1 min |
EP_22_20 (Energy & Power Vol 22 Issue 20 April 1, 2025)
Energy & Power
RNPP: Turbine Installed at First Unit
An important and final stage of the turbine installation has been completed at the first unit of Rooppur Nuclear Power Plant (RNPP).
1 min |
EP_22_20 (Energy & Power Vol 22 Issue 20 April 1, 2025)
Energy & Power
IDCOL Hosts Green Finance, Sustainability Talk at NSU
The Infrastructure Development Company Limited (IDCOL), in collaboration with the Department of Architecture at North South University (NSU), recently organized a panel discussion titled \"Role of Green Finance in Advancing Renewable Energy and Sustainable Development in Bangladesh.\"
1 min |
EP_22_20 (Energy & Power Vol 22 Issue 20 April 1, 2025)
Energy & Power
Patuakhali RNPL Power Plant Faces Allegations over Late Tender Acceptance
The coal supply tender process for the RPCL-Norinco International Power Limited (RNPL) Patuakhali 1320 MW Power Plant, which began over two and a half years ago, has become controversial after two tenders were accepted past the official deadline on 20 March.
1 min |
EP_22_20 (Energy & Power Vol 22 Issue 20 April 1, 2025)
Energy & Power
North America Cuts 35 Rigs Week on Week
North America dropped 35 rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was released on March 14.
1 min |
EP_22_20 (Energy & Power Vol 22 Issue 20 April 1, 2025)
Energy & Power
Rampal Power Plant: Indian Nationals Draw Hefty Salaries, Bonuses
India Indian nationals working at the Bangladesh Friendship Power Company are drawing an average monthly salary of more than Tk 10 lakh, revealed a financial review by the Bangladesh Development Board.
1 min |
EP_22_20 (Energy & Power Vol 22 Issue 20 April 1, 2025)
Energy & Power
Rooftop Solar could Supply Two-Thirds of Global Power, Study Finds
Researchers at the University of Sussex have found that widespread deployment of rooftop solar could cover the vast majority of the world's electricity consumption, while lowering global temperatures by up to 0.13 C.
1 min |
EP_22_20 (Energy & Power Vol 22 Issue 20 April 1, 2025)
Energy & Power
80MW Solar Plant Planned in Padma Bridge Area
North-West Power Generation Company - an enterprise of the Bangladesh Power Development Board enterprise is now set to build an 80MW solar power plant in the Padma Bridge project area in line with the government's renewable energy vision.
1 min |
EP_22_20 (Energy & Power Vol 22 Issue 20 April 1, 2025)
Energy & Power
WHAT COMES FIRST - REFORMS OR ELECTIONS?
In his latest televised speech to the nation on March 25, Chief Adviser Prof Muhammad Yunus reaffirmed his stance on holding the next general election, which will be held between December this year and June next year.
2 min |
EP_22_20 (Energy & Power Vol 22 Issue 20 April 1, 2025)
Energy & Power
Rizwana for Urgent Reform in Waste Management to Cut Methane Emissions
Environment, Forest and Climate Change Adviser Syeda Rizwana Hasan recently said Bangladesh must urgently reform its waste management system to address environmental challenges and reduce methane emissions.
1 min |
EP_22_20 (Energy & Power Vol 22 Issue 20 April 1, 2025)
Energy & Power
Unplanned Power Lines Raise Risk of Electrocution
Unplanned and Unazardous transmission lines under Barlekha regional office of Moulvibazar Palli Bidyut Samity have raised risk of electrocution among residents.
1 min |
EP_22_20 (Energy & Power Vol 22 Issue 20 April 1, 2025)
Energy & Power
Alternative Energy Crucial to Reduce Pressure on Fossil Fuel: Experts
Experts at a meeting in Rajshahi recently unanimously mentioned that searching for alternative energies can be crucial means of reducing the gradually mounting pressure on fossil fuel.
1 min |
EP_22_20 (Energy & Power Vol 22 Issue 20 April 1, 2025)
Energy & Power
bp CEO Explains Company's Renewed Oil, Gas Focus at CERAWeek 2025
peaking on the main stage at the recent CERAWeek conference in Houston, bp CEO Murray Auchincloss discussed the company's recent strategy shift and its plans to grow value in the coming years.
1 min |
EP_22_20 (Energy & Power Vol 22 Issue 20 April 1, 2025)
Energy & Power
Rooppur NPP Unit-2 to Get New Heavy Cranes from Russia
50-tonne capacity Abridge crane for the second unit of Rooppur Nuclear Power Plant is ready for shipment from the Russian port of Novorossiysk, said Rosatom, the Russian state nuclear agency.
1 min |
EP_22_20 (Energy & Power Vol 22 Issue 20 April 1, 2025)
Energy & Power
Public Hearing: Airlines Seek Freedom from Padma Oil's Monopoly
At a public hearing regarding the price of Jet A-1 fuel used in aviation, domestic airlines accused Padma Oil, the sole supplier at airports, of charging double the international market price.
1 min |
EP_22_20 (Energy & Power Vol 22 Issue 20 April 1, 2025)
Energy & Power
China State Firms Curb Russian Oil Imports on Sanctions Risks
Chinese state oil companies are shying away from Russian oil this month, with two importers halting purchases while two others scaled back volumes as they assess compliance following recent US sanctions on Moscow, multiple trade sources said.
1 min |
EP_22_20 (Energy & Power Vol 22 Issue 20 April 1, 2025)
Energy & Power
Chevron Said to Plan US Natural Gas Data Centers by 2028
Chevro and hevron is advancing plans to build natural gas-powered data centers, with permitting engineering underway for multiple US sites, according to a company executive.
1 min |
EP_22_20 (Energy & Power Vol 22 Issue 20 April 1, 2025)
Energy & Power
Watt And Worry
Bangladesh's energy sector is in deep financial distress. Mounting debts, growing subsidies, and rising fuel import costs have left power agencies gasping.
10+ min |
EP_22_20 (Energy & Power Vol 22 Issue 20 April 1, 2025)
Energy & Power
Desco Returns to Profit in Q2
The Dhaka Electric Supply Company (Desco) saw its earnings increase in the second quarter of the 2024-25 fiscal year, a sharp reversal from the losses it made in the same period previous year.
1 min |
EP_22_17 (Energy & Power Vol 22 Issue 17 Feb 16, 2025)
Energy & Power
ONGC, bp Sign Contract to Enhance Production from Mumbai High
Oil and Natural Gas Corporation Limited (ONGC) and bp have signed a contract under which bp will serve as the Technical Services Provider (TSP) for the Mumbai High field, India’s largest and most prolific offshore oil field.
1 min |
EP_22_17 (Energy & Power Vol 22 Issue 17 Feb 16, 2025)
Energy & Power
Price of 12kg LPG Cylinder Hiked by Tk 19
The price of a 12-kg LPG cylinder has risen by Tk 19 and will sell at Tk 1,478 in retail points for the month of February, according to the Bangladesh Energy Regulatory Commission.
1 min |
EP_22_17 (Energy & Power Vol 22 Issue 17 Feb 16, 2025)
Energy & Power
Wärtsilä Secures Second Service Agreement Renewal with Caparo Power Ltd
Technology group Wärtsilä has renewed its Operation & Maintenance (O&M) Agreement with Indian energy company Caparo Power Ltd (CPL).
1 min |
EP_22_17 (Energy & Power Vol 22 Issue 17 Feb 16, 2025)
Energy & Power
Intraco's Gas Allocation Cut to One-Fifth over Deal Breach
\"The government has cut natural gas allocation for Intraco Refueling Station to one-fifth as the company failed to supply the committed volume of compressed natural gas (CNG) from Bhola.
1 min |