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Energy & Power

Stakeholders for Reforming Policy to Accelerate Energy Transition

Key stakeholders from the government, private sector, and financial institutions called for policy reforms, innovative financing, and unlocking investments to accelerate the nation's energy transition.

1 min  |

EP_22_17 (Energy & Power Vol 22 Issue 17 Feb 16, 2025)
Energy & Power

Energy & Power

Ensure Uninterrupted Gas Supply, Urges BCMEA

The Bangladesh Ceramic Manufacturers and Exporters Association (BCMEA) has urged the interim government to ensure an uninterrupted gas supply and withdraw the supplementary duty (SD) on ceramic products to safeguard the industry.

1 min  |

EP_22_17 (Energy & Power Vol 22 Issue 17 Feb 16, 2025)
Energy & Power

Energy & Power

Chronic Power Crisis Likely In Summer

Experts and analysts are anticipating a worst ever energy and power crisis in the ensuing intensive irrigation season, coinciding with the month of Ramadan followed by high summer.

6 min  |

EP_22_17 (Energy & Power Vol 22 Issue 17 Feb 16, 2025)
Energy & Power

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  |

EP_22_17 (Energy & Power Vol 22 Issue 17 Feb 16, 2025)
Energy & Power

Energy & Power

LPG Price Hike 'Illogical and Anti-People': BNP

BNP has strongly protested the government's decision to hike the price of cylindered liquefied petroleum gas (LPG), describing the move as \"illogical and anti-people\".

1 min  |

EP_22_17 (Energy & Power Vol 22 Issue 17 Feb 16, 2025)
Energy & Power

Energy & Power

BGS Executive Committee Assumed Office

The Bangladesh Geological Society (BGS) Executive Committee for the term 2025– 2026 assumed office on February 8, 2025.

1 min  |

EP_22_17 (Energy & Power Vol 22 Issue 17 Feb 16, 2025)
Energy & Power

Energy & Power

Govt Aiming for Record Power Generation This Summer

\"The Bangladesh Power Development Board (PDB) has projected the highest electricity demand during the summer months would be 18,000 megawatts (MW), while the highest production target is 17,260MW.

1 min  |

EP_22_17 (Energy & Power Vol 22 Issue 17 Feb 16, 2025)
Energy & Power

Energy & Power

The Looming Crisis In Fuel, Finance

The temperature started rising, after a brief winter, pushing the electricity demand nationwide.

10+ min  |

EP_22_17 (Energy & Power Vol 22 Issue 17 Feb 16, 2025)
Energy & Power

Energy & Power

Australia's Reliance on Coal Power Drops to Record Low

Australia's reliance on coal-fired power stations has dropped to a record low, accounting for less than 50 percent of its electricity for the first time, the market operator said recently.

1 min  |

EP_22_17 (Energy & Power Vol 22 Issue 17 Feb 16, 2025)
Energy & Power

Energy & Power

Tata Power Inaugurates 4.3 GW Solar Factory

\"TP Solar, a Tata Power subsidiary, has opened a 4.3 GW solar cell and module factory in Tirunelveli, Tamil Nadu.

1 min  |

EP_22_17 (Energy & Power Vol 22 Issue 17 Feb 16, 2025)
Energy & Power

Energy & Power

Enhance Energy Efficiency In Captive Power Generation To Keep Industries Competitive: Speakers

Amid rising prices of gas, industries with gas-fired captive power generators should consider enhancing further the efficient use of energy to keep production costs lower.

3 min  |

EP_22_17 (Energy & Power Vol 22 Issue 17 Feb 16, 2025)
Energy & Power

Energy & Power

Govt Plans Separate Tariff Structure for Battery Swapping Stations

The government plans to introduce a separate tariff structure for battery swapping stations to encourage investment in the sector, according to Bangladesh Energy Regulatory Commission (BERC) Chairman Jalal Ahmed.

1 min  |

EP_22_17 (Energy & Power Vol 22 Issue 17 Feb 16, 2025)
Energy & Power

Energy & Power

BIDA Provides Clarification on LNG Deal with US Firm

The government has provided clarification regarding the recently signed heads of agreement (HOA) with US-based Argent LNG for the potential import of up to 5 million tonnes of liquefied natural gas (LNG) annually for 20 years.

1 min  |

EP_22_17 (Energy & Power Vol 22 Issue 17 Feb 16, 2025)
Energy & Power

Energy & Power

Doreen Power's Q2 Profit Drops 48%

Doreen Power Generations and System's profit declined in the second quarter of the ongoing fiscal year because of higher finance costs.

1 min  |

EP_22_17 (Energy & Power Vol 22 Issue 17 Feb 16, 2025)
Energy & Power

Energy & Power

Cancelation Of Solar Project LOIs Erodes Investors' Confidence

The renewable energy capacity of Bangladesh can be developed up to 5,000MW by 2030, subject to policy support for investing in rooftop and irrigation solar systems alongside utility-scale ones.

6 min  |

EP_22_17 (Energy & Power Vol 22 Issue 17 Feb 16, 2025)
Energy & Power

Energy & Power

Dhaka Wants Immediate Activation of Bangladesh-Algeria Energy Working Group

Foreign Secretary Md Jashim Uddin has emphasized the importance of immediate operationalization of the working group with Algeria on energy formed at the respective capitals, to identify areas of potential collaboration in the energy sector.

1 min  |

EP_22_17 (Energy & Power Vol 22 Issue 17 Feb 16, 2025)
Energy & Power

Energy & Power

OPEC Oil Output Falls for Second Month in January

OPEC oil output fell in January for a second month as a drop in exports from Nigeria and Iran offset a rebound from the United Arab Emirates where field maintenance had curbed output in December.

1 min  |

EP_22_17 (Energy & Power Vol 22 Issue 17 Feb 16, 2025)
Energy & Power

Energy & Power

2 Vessels Seized in Kutubdia over illegal Fuel Transfer

The Bangladesh Coast Guard has seized a Panama-flagged commercial vessel and a Bangladeshi ship for the exchange of fuel and evading customs duties at the outer anchorage of Kutubdia, Cox's Bazar.

1 min  |

EP_22_17 (Energy & Power Vol 22 Issue 17 Feb 16, 2025)
Energy & Power

Energy & Power

Interim Govt Working Like AL Regime in Energy Sector: Anu Muhammad

The interim government is currently working in the same way as the previous Awami League (AL) regime with the energy sector, former professor of economics at Jahangirnagar University Anu Muhammad said on 5 February.

1 min  |

EP_22_17 (Energy & Power Vol 22 Issue 17 Feb 16, 2025)
Energy & Power

Energy & Power

Bangladesh Launches 1.78 GW Solar Tender

\"The Bangladeshi authorities are seeking proposals to build 19 solar plants with capacities ranging from 70 MW to 100 MW across several regions.

1 min  |

EP_22_17 (Energy & Power Vol 22 Issue 17 Feb 16, 2025)
Energy & Power

Energy & Power

Cold Storage Owners Demand Cut in Interest Rates, Electricity Tariffs

The Bangladesh Cold Storage Association (BCSA) recently demanded a cut in interest rates on bank loans and electricity bills to reduce costs for potato storage in cold storage facilities.

1 min  |

EP_22_17 (Energy & Power Vol 22 Issue 17 Feb 16, 2025)
Energy & Power

Energy & Power

Bangladesh Proposes Import Duty, VAT Exemptions for Solar Products

Bangladesh government has opened a public consultation on a draft of its Renewable Energy Policy 2025.

1 min  |

EP_22_17 (Energy & Power Vol 22 Issue 17 Feb 16, 2025)
Energy & Power

Energy & Power

Integrated Efforts Essential to Reduce Climate Change Loss, Damage

Speakers at a workshop in Khulna unanimously viewed that integrated efforts of all government and non-government organizations concerned can be the crucial means of reducing the losses and damages caused by the adverse impact of climate change.

1 min  |

EP_22_17 (Energy & Power Vol 22 Issue 17 Feb 16, 2025)
Energy & Power

Energy & Power

BB to Provide Dollars for Power Dues from March Onwards

The government has decided to provide dollars from the foreign exchange reserves to pay off outstanding bills in order to ensure a normal supply of electricity ahead of the upcoming Ramadan, summer and irrigation seasons.

1 min  |

EP_22_17 (Energy & Power Vol 22 Issue 17 Feb 16, 2025)
Energy & Power

Energy & Power

Padma Oil's Profit Surges 76% in Q2

Padma Oil Company's profit grew significantly in the second quarter of the fiscal year 2024-25 as its income rose.

1 min  |

EP_22_17 (Energy & Power Vol 22 Issue 17 Feb 16, 2025)
Energy & Power

Energy & Power

Solar-Powered Desalination Initiative Launched in Shyamnagar

In an ambitious effort to combat the severe water salinity crisis in Shyamnagar upazila of Satkhira, Projects for Humanity (P4H) has successfully implemented the \"P4H Pure Water Plant,\" a completely solaroperated reverse osmosis water desalination project.

1 min  |

EP_22_17 (Energy & Power Vol 22 Issue 17 Feb 16, 2025)
Energy & Power

Energy & Power

Interim Govt Makes No Visible Progress on Clean, Green Energy in 5 Months: TIB

The interim government has made no visible progress regarding clean and green energy over the past five months, said Iftekharuzzaman, executive director of Transparency International Bangladesh (TIB).

1 min  |

EP_22_17 (Energy & Power Vol 22 Issue 17 Feb 16, 2025)
Energy & Power

Energy & Power

Two More RMG Factories Get LEED Certification

Two more factories have got LEED certification as the RMG industry remains unwavering in its commitment to sustainable growth.

1 min  |

EP_22_17 (Energy & Power Vol 22 Issue 17 Feb 16, 2025)

Energy & Power

CAN WE END LOAD-SHEDDING DURING RAMADAN?

Ramadan, the fasting month for Muslims, comes with many a challenge in Bangladesh. A government’s success or failure is often measured by how effectively it overcomes challenges like keeping the price spiral in check, ensuring an adequate supply of some of the special items whose demand spikes during this holy month (such as dates and fruits) and making the entire month free of electricity outage or load-shedding. This year’s fasting month starts on the first day of March (the Bengali month of Chaitra), when the summer season will start bringing heat and humidity. Hopefully, the nights may remain a bit cooler, though the days are expected to be scorching. The demand for electricity, especially during the daytime, will increase, putting extra pressure on the generation and its smooth supply. Fans and air conditioners (a privilege for the affluent) are expected to run in full swing, while the use of power for lighting the houses will increase.

2 min  |

EP_22_17 (Energy & Power Vol 22 Issue 17 Feb 16, 2025)
Energy & Power

Energy & Power

CAN WE END LOAD-SHEDDING DURING RAMADAN?

Ramadan, the fasting month for Muslims, comes with many a challenge in Bangladesh.

3 min  |

EP_22_17 (Energy & Power Vol 22 Issue 17 Feb 16, 2025)