Business
Energy & Power
Titas Gas Suffers Tk 523cr Loss in Q2 as System Loss Mounts
Titas Gas Transmission and Distribution Company, the state-owned gas distributor, reported a significant loss in the second quarter of fiscal 2024-25, driven by a sharp increase in system loss.
1 min |
EP_22_17 (Energy & Power Vol 22 Issue 17 Feb 16, 2025)
Energy & Power
Indian Budget Launches Nuclear Energy Mission
Minister of Finance Nirmala Sitharaman promised federal funds for an initiative to develop at least five Indian-designed small modular reactors to be operational by 2033, as well as amendments to Indian legislation to encourage private sector participation, in the budget for 2025-2026.
1 min |
EP_22_17 (Energy & Power Vol 22 Issue 17 Feb 16, 2025)
Energy & Power
Block Use in Govt Construction is a Groundbreaking Step: Rizwana
Environment, Forest and Climate Change Adviser Syeda Rizwana Hasan recently said increasing the block used in government construction projects will not only reduce air pollution but also help preserve arable land.
1 min |
EP_22_17 (Energy & Power Vol 22 Issue 17 Feb 16, 2025)
Energy & Power
ConocoPhillips Takes on Stewardship of Offshore Malaysia Gas PSC
Petronas has transferred operatorship of the Kebabangan Cluster Production Sharing Contract (KBBC PSC) offshore Malaysia to ConocoPhillips Sabah Gas.
1 min |
EP_22_17 (Energy & Power Vol 22 Issue 17 Feb 16, 2025)
Energy & Power
Energy Crisis Deepens as Payra Port Coal Levy Dispute Escalates
The row over the 'maintenance levy on coal transportation at Payra Port' between the National Board of Revenue (NBR) and the Bangladesh Power Development Board (BPDB) has created serious havoc in power production at two major power plants in the southern part of the country, hindering the unloading of the primary fuel (coal) required to operate the 2,640 MW power plants.
1 min |
EP_22_17 (Energy & Power Vol 22 Issue 17 Feb 16, 2025)
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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 |