Business
Energy & Power
Govt to Revisit IPP Tariffs Amid Pricing Concerns
\"The interim government is set to independent form a committee to review the tariffs of power producers (IPPs), Power, Energy, and Mineral Resources Adviser Muhammad Fouzul Kabir Khan said recently.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
Japan Unveils Draft for Updated Energy Plan
Japan has released the draft for its updated strategic energy plan, with nuclear still remaining to play a big part in the country's power generation.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
Billionaire Bloomberg to Fund UN Climate Body after US Withdrawal
Billionaire Michael Bloomberg announced recently that his foundation will step in to fund the UN climate change body after President Donald Trump declared the United States would withdraw from the Paris Agreement for the second time.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
Vietnam, Russia Sign Nuclear Energy Development Pact
Russia and Vietnam recently signed a memorandum understanding developing of on nuclear energy cooperation during a two-day visit by the Russian prime minister to the Southeast Asian nation.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
Policy Inconsistency Drives Foreign Firms Away from Bangladesh's Solar Projects
\"The new solar power projects floated by the interim government are riskier for investors as the tender conditions allow for payment delays or defaults alongside power purchase contract cancellation without enough compensation, experts and investors said recently.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
Wood Mackenzie Predicts Solar Growth to Stagnate in 2025
Wood Mackenzie's latest report forecasts that 493 GW (DC) of solar will be added throughout the world this year, compared to 495 GW in 2024.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
A Reenergized BAPEX May Help Increase Local Gas Production
If anyone with knowledge and information about Bangladesh's Energy sector is asked about the main challenge, the answer would be primary fuel or gas supply.
6 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
20MW Muktagachha Solar Plant Set for June Production
Muktagacha Solartech Energy Limited, a 20MW power project in Mymensingh, is set to begin production in June with construction progressing at full speed.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
Politics has 'Weaponized' Science: UN Climate Chief
The UN's climate chief recently said that the science of global warming had been \"weaponized\" by politics, a day after Donald Trump withdrew the United States from the Paris Agreement.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
15th IRENA Assembly to Set Energy Transition Narrative for 2025
The 15th Session of the International International Energy Agency Renewable (IRENA) Assembly convenes on January 12 in Abu Dhabi, marking the first international energy meeting of the year.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
Bangladesh, Germany Strengthen Cooperation for Sustainable Development
In a significant step towards promoting sustainable development, three technical cooperation agreements were signed on Jan 15 between Bangladesh and Germany.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
Govt Now Focuses on Gas Exploration
On 8 January, following a meeting of the Executive Committee of the National Economic Council (Ecnec), Dr Planning Adviser Wahiduddin Mahmud said the previous government focused more on LNG imports rather than drilling new wells.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
Aramco Awards $9.0b Contracts to be Executed Locally
Saudi Arabian Oil Co. recently signed 145 deals totaling about $9 billion as part of the oil giant's InKingdom Total Value Add (iktva) program.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
Power Grid Revenue Grows amid Persistent Losses
Power Company Bangladesh, Grid of a government-owned company responsible for power transmission throughout the country, saw its revenue increase in the fiscal year 2023-24 despite persistent losses putting a dent in its earnings.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
Thailand's Fight against Air Pollution
Flying Bangkok's cloudless blue skies, a small aircraft sprays a white mist over a thick haze of pea soup smog below.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
242m Children's Schooling Disrupted by Climate Shocks in 2024: UNICEF
Extreme weather disrupted the schooling of about 242 million children in 85 countries last year roughly one in seven students, the UN children's agency reported recently, deploring what it said was an \"overlooked\" aspect of the climate crisis.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
Govt Rejects Summit's Plea to Revive Canceled Deals on Second FSRU
The interim government has turned down Summit Group's plea to revive the canceled contract earlier signed to build its second floating storage and regasification unit (FSRU) at Moheshkhali island in the Bay of Bengal.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
BSTI to Frame Safety Standards to Avoid Gas Cooking Accidents
Bangladesh Standards (BSTI), the national standards-setting and regulatory body, is going to formulate 17 safety standards to prevent accidents in gas cooking used in households.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
BB Governor Assures IPPs to Help Address Forex Losses
Bangladesh Bank Governor Ahsan H Mansur has assured independent power producers of effective measures to address their mounting foreign exchange losses.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
IRENA to Host Secretariat for Global Coalition on Energy Planning
'The outgoing President The G20 Brazil has invited IRENA to serve as the Secretariat of the Global Coalition on Energy Planning (GCEP).
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
LNG Subsidies Set to Go Ballooning This FY
State subsidies on account of LNG import in the current fiscal year (FY 202425) are estimated to be around Tk 160 billion, nearly three times the previous FY's Tk 60.35 billion.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
Experts For Exploring Domestic Hydrocarbon Resources To Address Energy Crisis
Experts have urged the authorities concerned to intensify hydrocarbon exploration in the local sources to reduce overdependency on imported fuel and address the country's energy crisis.
6 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
ACWA Power, Solarabic among Winners at 2025 MESIA Solar Awards
The Middle East Solar Industry Association (MESIA) honored several of the region's most significant contributors at the 2025 edition of its annual MESIA Solar Awards.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
Plastic Goods Makers, Exporters Want Gas Prices at Tk30 per Unit
The Bangladesh Plastic Goods Manufacturers and Exporters Association (BPGMEA) has called for the government to maintain the current gas price at Tk30 per unit.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
Boiler Blast Leaves 30 Hurt in Gazipur Factory
Atleast 30 Areadymade garment (RMG) workers were injured in a boiler blast in a factory in Sreepur upazila of Gazipur recently.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
Sembcorp Inks MOUS with Odisha Govt During Singapore President's Visit
Sembcorp Industries (Sembcorp), through its wholly-owned subsidiaries Sembcorp Green and Hydrogen India Private Limited.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
Titas Gas Disconnects Illegal Lines of Manikganj Washing Factory
Titas Gas Transmission and Distribution PLC has disconnected the illegal gas connection at Mubtadi Washing Factory, a large washing plant located on the Dhaka-Aricha Highway in Manikganj as part of the ongoing drive against illegal gas connections across its areas.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
WB to Give $30m for Power Transmission
The World Bank (WB) will provide Bangladesh with an additional $30 million to help the country build up its power transmission network in eastern regions.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
LPG Operators Seek 15-Yr Loan Rescheduling with Interest Waivers
Bangladesh's LPG sector is sounding alarms, urging the central bank for a bailout to stave off a potential collapse.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
Bangladesh Signs LNG Deal with US Firm
Bangladesh has signed a non-binding agreement with a US firm, Argent LNG, to purchase up to 5 million tons of liquefied natural gas (LNG) annually.
1 min |