Business
Energy & Power
Powering Textile Efficiency: High-Level Dialogue on GCF & IDCOL's $133m Loan
Infrastructure Development Company Limited (IDCOL), with funding support from the Green Climate Fund (GCF) hosted a high-level roundtable on accelerating Energy Efficiency (EE) in Bangladesh's textile sector.
1 min |
EP_23_04 (Energy & Power Vol 23 Issue 04 August 1, 2025)
Energy & Power
EGAS Contracts Second FSRU for Damietta Terminal Offshore Egypt
A subsidiary of New Fortress Energy has signed a five-year agreement to deploy the Energos Winter floating storage and regasification unit (FSRU) in the Egyptian sector of the Mediterranean Sea.
1 min |
EP_23_04 (Energy & Power Vol 23 Issue 04 August 1, 2025)
Energy & Power
Central European Petroleum Reports 'Largest-Ever' Discovery Offshore Poland
The Noble Resolve departs the Esbjerg shipyard, Denmark, on its way to the Wolin concession offshore Poland.
1 min |
EP_23_04 (Energy & Power Vol 23 Issue 04 August 1, 2025)
Energy & Power
BRICS Strengthen Cooperation for More Inclusive Governance
The Rio de Janeiro Declaration takes note of the Pact of the Future, the Global Digital Compact, and the Declaration on Future Generations and points to the need to “adapt the current architecture of international relations to better reflect the contemporary realities”.
1 min |
EP_23_04 (Energy & Power Vol 23 Issue 04 August 1, 2025)
Energy & Power
Vena Energy Signs 100 MW LoadFollowing Solar, Wind Deal with SECI
Vena Energy, a green energy provider operating across the Asia-Pacific region, has signed a 100 MW load-following renewable PPA with SECI.
1 min |
EP_23_04 (Energy & Power Vol 23 Issue 04 August 1, 2025)
Energy & Power
Global Gas Flaring Hits Highest Level Since 2007
Global gas flaring surged for a second year in a row, wasting about $63 billion in lost energy and setting back efforts to manage emissions and boost energy security and access.
1 min |
EP_23_04 (Energy & Power Vol 23 Issue 04 August 1, 2025)
Energy & Power
Jet Fuel Sees Price Hike
Energy Bangladesh Energy Regulatory Commission (BERC) has increased the price of jet A-1 fuel-commonly used in aircraft - for both domestic and international flights.
1 min |
EP_23_04 (Energy & Power Vol 23 Issue 04 August 1, 2025)
Energy & Power
IDCOL Wins Four Prestigious Awards
Infrastructure Development Company Limited (IDCOL) has received four esteemed awards at the Asian Banking & Finance (ABF) Awards, highlighting its excellence 2025, in sustainable infrastructure financing, energy investments, and green innovative project finance in South Asia and Africa.
1 min |
EP_23_04 (Energy & Power Vol 23 Issue 04 August 1, 2025)
Energy & Power
Climate Groups in Asia Push for Energy Sovereignty
350.org Asia recently launched RElmagine Asia, a campaign for community-led renewable energy emphasizing the need for rich countries and polluters to pay their climate debt so that developing countries in Asia can achieve energy sovereignty.
1 min |
EP_23_04 (Energy & Power Vol 23 Issue 04 August 1, 2025)
Energy & Power
Eight New Gas Wells to be Drilled
The government is to drill eight new gas wells - five in Bhola and the rest in three other districts - in a bid to ramp up domestic gas production and reduce dependence on costly imports, officials said.
1 min |
EP_23_04 (Energy & Power Vol 23 Issue 04 August 1, 2025)
Energy & Power
Global Movements Call for Action This September
A powerful wave of global actions are set to take place this September as movements across the world unite in historic global days of action.
1 min |
EP_23_04 (Energy & Power Vol 23 Issue 04 August 1, 2025)
Energy & Power
The Forgotten Gas Frontier
Bangladesh faces a growing gas crisis, with declining domestic output and limited LNG capacity. While new exploration has resumed in the plains, the high-potential Chittagong Hill Tracts remain largely untapped due to legal, technical, and bureaucratic hurdles. Experts urge immediate exploration in key sites like Patiya and Sitapahar through joint ventures or PSCs. With global interest rising and past failures offering lessons, stakeholders stress the need for urgent, strategic action to unlock this long-neglected energy frontier.
7 min |
EP_23_04 (Energy & Power Vol 23 Issue 04 August 1, 2025)
Energy & Power
COP30: Amazonian Peoples Demand a Seat at Decision-Making Table in Belem
Indigenous peoples of the Amazon have demanded that they be represented at the United Nations climate summit in Brazil's Belem, itself in the Amazon, later of Indigenous this year.
1 min |
EP_23_04 (Energy & Power Vol 23 Issue 04 August 1, 2025)
Energy & Power
RNPP Likely to Produce Power from October
Bangladesh is expected to join over 50 countries using nuclear power peacefully as one of the two under-construction reactors of the Rooppur Nuclear Power Plant in Ishwardi will go on production in October.
1 min |
EP_23_04 (Energy & Power Vol 23 Issue 04 August 1, 2025)
Energy & Power
Tibet Hydropower Project won't Affect Downstream Countries: Chinese Ambassador
China will not withdraw or use water from the Yarlung Zangbo river on which the country is implementing a hydro-power project, Chinese Ambassador to Bangladesh Yao Wen said recently.
1 min |
EP_23_04 (Energy & Power Vol 23 Issue 04 August 1, 2025)
Energy & Power
Petrobangla Issues Warning against Fake Recruitment Letters
Petrobangla (Bangladesh Gas & Mineral Oil, Corporation) recently issued a public warning regarding a fraudulent scheme circulating fake job offer letters using the corporation's name, address, and fabricated memo numbers and signatures.
1 min |
EP_23_04 (Energy & Power Vol 23 Issue 04 August 1, 2025)
Energy & Power
UPGDCL Receives SDG Brand Champion Award 2025 for Eco-Friendly Steam Innovation
United Power Generation and Distribution Company Ltd.
1 min |
EP_23_04 (Energy & Power Vol 23 Issue 04 August 1, 2025)
Energy & Power
Govt Focuses on Reducing Dust in Dhaka: Rizwana
Syeda Rizwana Hasan, Advisor to the Ministry of Environment, Forests, Climate Change and Water Resources, has announced a series of proactive steps aimed at tackling air pollution, with a strong focus on controlling dust pollution in Dhaka ahead of winter.
1 min |
EP_23_03 (Energy & Power Vol 23 Issue 03 July 16, 2025)
Energy & Power
Rooppur In The Dark: Why Transparency Matters In Nuclear Power
Recently, four countries, including Bangladesh, signed agreements to build VVER-1200 third-generation-plus nuclear power plants. Looking at these global benchmarks, it’s hard to believe there’s any truth to the claim that $5 billion was siphoned off in the Rooppur Nuclear Power Plant project. Bangladesh’s EPC (Engineering, Procurement, and Construction) cost for the project is $12.65 billion, compared to Belarus’s $11 billion, Turkey’s $10 billion, and Egypt’s $15 billion. India is a different case altogether, as it manufactures many components domestically, making any cost comparison with Bangladesh irrelevant. Still, it's fair to say Bangladesh hasn't exactly excelled at negotiation. With sharper bargaining, the cost might have been somewhat lower.
7 min |
EP_23_03 (Energy & Power Vol 23 Issue 03 July 16, 2025)
Energy & Power
EU Unveils Long-Delayed 2040 Climate Target
The EU recently unveiled its long-delayed target for cutting greenhouse gas emissions by 2040, but with contested new flexibilities built in to win over the most skeptical member states.
1 min |
EP_23_03 (Energy & Power Vol 23 Issue 03 July 16, 2025)
Energy & Power
Trilateral Deal a Milestone in Energy Cooperation, Says Nepal Envoy
The trilateral energy deal under which Bangladesh has started importing hydroelectricity from Nepal is a milestone in Nepal-Bangladesh ties, said Nepalese Ambassador Ghanshyam Bhandari.
1 min |
EP_23_03 (Energy & Power Vol 23 Issue 03 July 16, 2025)
Energy & Power
Single-Use Plastic to be Banned in Secretariat from Oct 2: Cabinet Secretary
Cabinet Secretary Dr Sheikh Abdur Rashid recently announced that the use of harmful single-use plastic (SUP) items will be banned in the Bangladesh Secretariat from October 2, 2025.
1 min |
EP_23_03 (Energy & Power Vol 23 Issue 03 July 16, 2025)
Energy & Power
BIMSTEC Chief Calls for Regional Cooperation to Combat Plastic Pollution
Secretary General of the BIMSTEC Indra Mani Pandey has underscored the urgency of addressing plastic pollution as a shared global and regional threat, urging collective solutions.
1 min |
EP_23_03 (Energy & Power Vol 23 Issue 03 July 16, 2025)
Energy & Power
G20 Climate Action Plans: Lost, Not Found, in Bonn
The just-wrapped-up SB62 climate talks in Bonn missed the opportunity to raise the bar of Nationally Determined Contributions, due to the G20’s lack of political ambition.
1 min |
EP_23_03 (Energy & Power Vol 23 Issue 03 July 16, 2025)
Energy & Power
Bonn Climate Conference Advances on GGA Indicators, Adaptation Fund
On science, following two weeks of difficult negotiations, delegates were able to find agreement to \"take note\" of the WMO's 'State of the Global Climate 2024' and 'Global Annual to Decadal Climate Update 2025-2029' reports and the multi-decadal estimates of current global warming of between 1.34 and 1.41°C.
1 min |
EP_23_03 (Energy & Power Vol 23 Issue 03 July 16, 2025)
Energy & Power
Budget FY26: A Missed Opportunity To Resolve Bangladesh's Energy Crisis
The national budget of Bangladesh for the fiscal year 2025-26, proposed at Tk 7.
4 min |
EP_23_03 (Energy & Power Vol 23 Issue 03 July 16, 2025)
Energy & Power
10-Yr Strategic Plan to be Formulated to Strengthen BCCT: Rizwana
To transform the Bangladesh Climate Change Trust (BCCT) into an efficient, self-reliant, and future-ready institution, a 10-year strategic plan will be formulated with expert guidance, Environment, Forest and Climate Change Adviser Syeda Rizwana Hasan said recently.
1 min |
EP_23_03 (Energy & Power Vol 23 Issue 03 July 16, 2025)
Energy & Power
BSREA Urges Review of Scrapped Solar Plans
The Bangladesh Sustainable and Renewable Energy Association (BSREA) recently urged the interim government to reconsider its cancellation of 31 letters of intent that the past regime had signed with potential investors in solar power projects without adopting any tender process.
1 min |
EP_23_03 (Energy & Power Vol 23 Issue 03 July 16, 2025)
Energy & Power
Bangladesh, Sweden Sign Grant Agreement to Boost Natural Resource Management
The Governments of Bangladesh and Sweden recently signed a grant agreement to support a new project aimed at strengthening the country's capacity for natural resource management and enhancing climate resilience.
1 min |
EP_23_03 (Energy & Power Vol 23 Issue 03 July 16, 2025)
Energy & Power
Negative Power Prices Set to Increase as Solar Output Rises to Record High
The frequency of negative power prices is predicted to reach record levels across parts of Europe after solar output hit new highs in the second quarter this year.
1 min |