Business
Energy & Power
World Bank Offers Cheaper $350m Loan Guarantee for LNG Imports
The World proposed Bank has a $350 million loan guarantee facility for Bangladesh, presenting more favorable terms than the current foreign financing option and creating a new avenue to support the country's longterm liquefied natural gas (LNG) import requirements in 2025.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
NRPCL Coal Power Plant Starts Trial Generation
The newly constructed 1,320-megawatt coal-fired Norinco-Rural Power Company Limited (NRPCL) power plant in Kalapara upazila of Patuakhali has started trial electricity generation recently.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
PDB Plans to Cut Cost by Tk 10,000cr in FY25
The interim government has come up with a plan to reduce power sector expenses by Tk 10,000 crore while energy experts term the plan impractical, saying that the right intervention could save Tk 30,000 crore overnight.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
IEA Forecasts Record Nuclear Electricity Production in 2025
Nuclear-powered electricity generation is set to hit a record level in 2025, accounting for nearly percent of global 10 production, the International Energy Agency forecast recently.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
Clear Dues by June to Avoid Surcharges: Adani Tells PDB
India's Adani Power has warned the Bangladesh Power Development Board (PDB) recently to clear the outstanding bills of $845 million within June to avoid late payment surcharges.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
Chevron Names Laura Lane as New VP
Chevron Corp. has Cappointed Laura Lane as its new Vice President and Chief Corporate Affairs Officer, effective February 1, 2025.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
Global Electric Car Sales Rise by 25% in 2024
Electric car sales rose by 25 percent globally last year, surging in China but slowing in Europe, according to figures published recently by the British consultancy Rho Motion.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
Coal Production at Barapukuria Resumes after 43 Days
Coal production at Barapukuria Car Coal Mining Company Limited resumed recently following a 43-day suspension for relocating equipment, said Khan Mohammad Zafor Sadiq, general manager (operation-mine) of BCMCL.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
2,412 DESCO, DPDC Engrs., Staff Plead to CA for Due Salaries
More than 2,412 engineers and staff of the Dhaka Electricity Supply Company Ltd (DESCO) and Dhaka Power Distribution Company Ltd (DPDC), who were employed on a temporary basis through different outsourcing companies, are being deprived of getting their actual salaries even giving relentless after services to the companies to ensure smooth supply and management of electricity.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
Exxon Mobil Discovers Gas Offshore Egypt
Exxon Mobil Egypt (Upstream) Ltd. has completed the drilling of the Nefertari 1 well in the North Marakia Block with the Valaris DS-9 drillship, the company posted on its LinkedIn recently.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
Youth Must Lead Sustainable, Nature-Centric Development: Rizwana
Syeda Rizwana Hasan, Advisor to the Ministry of Environment, Forest and Climate Change, has emphasized the importance of youth leadership for sustainable development.
1 min |
EP_22_15 (Energy & Power Vol 22 Issue 15 Jan 16, 2025)
Energy & Power
Monthly Natural Gas Trades in India Shoot Up 129% in Dec
An increase in gas prices in the international market and a reduction in Administered Price Mechanism (APM) gas allocation to city gas distributors (CGD) led to monthly gas volumes traded on the Indian Gas Exchange Limited (IGX) rising by 129 percent sequentially to 5.7 metric million British thermal units (mmBtu) in December, the company said recently.
1 min |
EP_22_15 (Energy & Power Vol 22 Issue 15 Jan 16, 2025)
Energy & Power
Thrust on Enhanced BangladeshChina Cooperation in Environmental Management
Environment, Forest and Adviser Syeda Rizwana Hasan recently said Bangladesh and China can collaborate effectively in air quality management and sustainable development by learning from each other's policies, innovations, and community-driven approaches.
1 min |
EP_22_15 (Energy & Power Vol 22 Issue 15 Jan 16, 2025)
Energy & Power
Saudi Aramco Keen to Build Oil Refinery in Bangladesh: Envoy
Saudi Arabia's state-owned oil giant, Aramco, has expressed interest in setting up an oil refinery in Bangladesh, which could significantly impact the Bay of Bengal region, Saudi Ambassador Essa Youssef Essa AI Duhailan said recently.
1 min |
EP_22_15 (Energy & Power Vol 22 Issue 15 Jan 16, 2025)
Energy & Power
Aker Solutions, ABB Partner for North Sea Green Volt Wind Study
Aken ker Solutions and ABB will conduct the first-phase FEED for the 560-MW GreenVolt floating offshore wind project in the central UK North Sea, 80 km from Peterhead, eastern Scotland.
1 min |
EP_22_15 (Energy & Power Vol 22 Issue 15 Jan 16, 2025)
Energy & Power
LNG Supply Period Extended for 7 Companies
The Advisory ouncil Committee on Economic Affairs (ACCEA) has approved the extension of the LNG (liquefied natural gas) supply contracts for seven companies.
1 min |
EP_22_15 (Energy & Power Vol 22 Issue 15 Jan 16, 2025)
Energy & Power
Solar Pumps Revolutionize Farming in Northern Region
Farmers in the northern region, particularly in Rangpur and Dinajpur districts, have long faced water scarcity, making farming a challenging task.
1 min |
EP_22_15 (Energy & Power Vol 22 Issue 15 Jan 16, 2025)
Energy & Power
Toshiba Delivers Fuel Cell System to Ship
The \"he provider of energy industry solutions Toshiba (TOSYY) Energy Systems & Solutions Corporation (Toshiba ESS) announced that the company has delivered a mobile 30kW hydrogen fuel cell system, which volume per unit power output is reduced to 1/3 compared to the stationary fuel cell systems, to a fuel cell ship.
1 min |
EP_22_15 (Energy & Power Vol 22 Issue 15 Jan 16, 2025)
Energy & Power
bp Flows First Gas at Greater Tortue Ahmeyim LNG Project
bp has begun flowing gas from wells at the GTA Phase1 liquefied natural gas (LNG) project to its floating production storage and offloading (FPSO) vessel for the next stage of commissioning.
1 min |
EP_22_15 (Energy & Power Vol 22 Issue 15 Jan 16, 2025)
Energy & Power
Youth Urged to Lead Climate Adaptation Efforts in Ctg Hill Tracts
Experts and local have emphasized the crucial role of youth in addressing climate-related challenges and driving locally-led adaptation in the Chattogram Hill Tracts (CHT).
1 min |
EP_22_15 (Energy & Power Vol 22 Issue 15 Jan 16, 2025)
Energy & Power
Consist Apparels Limited Earns Platinum LEED Certification
Consist Apparels Limited has become the first RMG factory this year to receive the prestigious Platinum LEED certification.
1 min |
EP_22_15 (Energy & Power Vol 22 Issue 15 Jan 16, 2025)
Energy & Power
ADB to Provide $1.0b Annually for Bangladesh's Development
Asian Development Bank (ADB) will provide US$ 1.0 billion to Bangladesh annually in concessional financing over the next five years.
1 min |
EP_22_15 (Energy & Power Vol 22 Issue 15 Jan 16, 2025)
Energy & Power
Call to Shut Rampal Power Plant
Protesters gathered in Bagerhat's Mongla recently, demanding the immediate shutdown of the Rampal Thermal Power Plant, citing its detrimental impact on the Sundarbans and the adjacent Pashur River.
1 min |
EP_22_15 (Energy & Power Vol 22 Issue 15 Jan 16, 2025)
Energy & Power
World's Largest Compressed Air Energy Storage Facility Commences Full Operation in China
A 300 MW compressed air energy Astorage (CAES) power station utilizing two underground salt caverns in central China's Hubei Province was successfully connected to the grid at full capacity, making it the largest operating project of the kind in the world.
1 min |
EP_22_15 (Energy & Power Vol 22 Issue 15 Jan 16, 2025)
Energy & Power
Russia Stops Gas Exports via Ukraine to Europe
Gas exports from Russia via Ukraine have been stopped as the transit agreement has expired, according to Gazprom.
1 min |
EP_22_15 (Energy & Power Vol 22 Issue 15 Jan 16, 2025)
Energy & Power
US, UK Unveil Widespread Sanctions against Russia's Energy Sector
The United States and Britain recently announced sanctions against Russia's energy sector, including oil giant Gazprom Neft, before just days outgoing President Joe Biden leaves office.
1 min |
EP_22_15 (Energy & Power Vol 22 Issue 15 Jan 16, 2025)
Energy & Power
ACWA Power Expands into China with 1GW of RE Projects
Saudi utility giant ACWA Power has announced its successful expansion into China, securing over 1 gigawatt of renewable energy projects.
1 min |
EP_22_15 (Energy & Power Vol 22 Issue 15 Jan 16, 2025)
Energy & Power
BIPSS Stresses National Policy Urgency to Address Climate Security Risks in Bangladesh
BIPSS President Major General (Retd) ANM Muniruzzaman has emphasized the necessity of developing a comprehensive national policy to address rising temperatures, sea-level rise, and other climate-induced risks, which could result in catastrophic consequences, including the loss of 20% of Bangladesh's landmass and mass displacement.
1 min |
EP_22_15 (Energy & Power Vol 22 Issue 15 Jan 16, 2025)
Energy & Power
HFO-Based IPPs Cannot Operate Unless Dues Are Paid
Investment in power generation is not an offense.
7 min |
EP_22_15 (Energy & Power Vol 22 Issue 15 Jan 16, 2025)
Energy & Power
EU, EIB Pledged Support for Bangladesh's Environmental Protection Priorities: Rizwana
Environment Adviser Syeda Rizwana Hasan has said that the European Union (EU) and the European Investment Bank (EIB) will support Bangladesh in its environmental protection efforts, aligned with government priorities, including technical assistance, renewable energy initiatives, the introduction of electric public transport, capacity building for officials and measures to combat air and water pollution.
1 min |