Business
Energy & Power
MOL Signs Major Deal in Azerbaijan to Develop Gas Reserves
MOL Group and its Joint Venture (JV) partners signed commercial agreements for the development of gas reserves in Azerbaijan.
1 min |
EP_22_08 (Energy & Power Vol 21 Issue 8 October 1, 2024)
Energy & Power
WB VP Assures of Bangladesh's Energy Sector Budgetary Support
The visiting World Bank (WB) Vice President (VP) for South Asia, Martin Raiser, recently assured of power and energy sector's budgetary support of Bangladesh.
1 min |
EP_22_08 (Energy & Power Vol 21 Issue 8 October 1, 2024)
Energy & Power
Indian Staff Yet to Resume Work on Projects Linked to RNPP
Senior officials from Indian companies involved in critical power transmission projects in Bangladesh, which are essential for evacuating electricity from the Rooppur Nuclear Power Plant (RNPP), have yet to return to their jobs, raising concerns about the progress of these projects.
1 min |
EP_22_08 (Energy & Power Vol 21 Issue 8 October 1, 2024)
Energy & Power
Power Dues from Bangladesh: PTC & SEIL Seek to Invoke Bank Guarantees
PTC India and SEIL Energy India have written to the Bangladesh Power Development Board (BPDB) seeking to invoke their respective bank guarantees in view of non-payment of dues for the power supplied, according to two industry sources aware of the development.
1 min |
EP_22_08 (Energy & Power Vol 21 Issue 8 October 1, 2024)
Energy & Power
Bangladesh to Sign Deal to Import Power from Nepal Soon: Adviser
Bangladesh is poised to sign the tripartite agreement with Nepal and India soon to import hydropower from Nepal via Indian transmission lines, according to Power, Energy and Mineral Resources Adviser Md Fouzul Kabir Khan.
1 min |
EP_22_08 (Energy & Power Vol 21 Issue 8 October 1, 2024)
Energy & Power
Moscow Decries 'Fake News' about RNPP
Russian Embassy in Dhaka recently alleged that the media reports about the embezzlement at the Rooppur Nuclear Power Plant (NPP) are deliberate attempt to \"discredit\" this ambitious project and to \"undermine\" steady and mutually beneficial relations between Moscow and Dhaka.
1 min |
EP_22_08 (Energy & Power Vol 21 Issue 8 October 1, 2024)
Energy & Power
Cold Run of Diesel Generator Unit Completed at Unit 1 of RNPP
The Cold Run of one of three diesel generator units has been completed at unit 1 of the Rooppur Nuclear Power Plant.
1 min |
EP_22_08 (Energy & Power Vol 21 Issue 8 October 1, 2024)
Energy & Power
Interim Govt Contemplating New Bond Issuance to Clear BPDB's Dues
The interim government is considering the issuance of additional bonds to address the Bangladesh Power Development Board’s (BPDB) mounting unpaid dues to private power producers.
1 min |
EP_22_08 (Energy & Power Vol 21 Issue 8 October 1, 2024)
Energy & Power
From Isolation To Empowerment: Solar Power Solutions For A Sustainable Wetland Future
The wetland areas of Bangladesh like Sunamganj, Sylhet, Habiganj, Kishoreganj, and Netrakona form a unique ecosystem that is not only rich in biodiversity but also highly vulnerable to the impacts of climate change.
2 min |
EP_22_08 (Energy & Power Vol 21 Issue 8 October 1, 2024)
Energy & Power
Smart Solar System Market Projected To Reach $35.8b By 2032
The Smart Solar System Market is set to grow from its current market value of more than $13 billion to over $35.8 billion by 2032; as reported in the latest study by Global Market Insights, Inc.
1 min |
EP_22_08 (Energy & Power Vol 21 Issue 8 October 1, 2024)
Energy & Power
Summit Power Seeks Protection For Its Investment, Facilities In Bangladesh
Summit Power International (SPI), Singapore has sought government support and protection for its investment in Bangladesh to uphold the country’s reputation as an attractive destination for international capital.
2 min |
EP_22_08 (Energy & Power Vol 21 Issue 8 October 1, 2024)
Energy & Power
WRIP: A Lost Opportunity
UNOCOL, a leading US-based International Oil Company, proposed an integrated Energy Project, Western Region Integrated Project (WRIP), in 1996 to further explore and develop the gas resources of Bhola Island by constructing a 120KM 20-inch outer diameter cross-country gas transmission pipeline from Shabajpur, Bhola to Digholia, Khulna along with three gas-based power plants – 60 MW at Bhola, 100 MW at Barishal and 200 MW at Khulna.
4 min |
EP_22_08 (Energy & Power Vol 21 Issue 8 October 1, 2024)
Energy & Power
Bringing Bhola Gas Into National Grid
The post-COVID-19 period has seen a growing natural gas supply deficit in Bangladesh, with a 1,000 MMCFD shortfall. Despite repeated government promises, local production remains inadequate, and demand continues to rise, leading to gas rationing. LNG supply expansion by 2027 is uncertain, and domestic fields are unlikely to meet demand unless aggressive exploration campaigns are conducted. The Bhola Island holds potential reserves of 2.047 Tcf but remains underutilized due to a lack of national grid connection.
8 min |
EP_22_08 (Energy & Power Vol 21 Issue 8 October 1, 2024)
Energy & Power
Debt Liabilities Major Challenge Of Energy Sector
Bangladesh’s energy and power sector is on the verge of collapse due to mismanagement, poor governance, and misappropriation of money. Huge debt liabilities have created overburden.
8 min |
EP_22_06 (Energy & Power Vol 22 Issue 6 September 1, 2024)
Energy & Power
LOOKING FORWARD TO A NEW-LOOK POWER AND ENERGY POLICY
For years energy experts had urged the now-ousted government of Sheikh Hasina to fix some grave wrongs committed in the power and energy sector. They were particularly critical of a black law passed in 2010 for quick power and energy generation bypassing any tenders.
2 min |
EP_22_06 (Energy & Power Vol 22 Issue 6 September 1, 2024)
Energy & Power
Experts Meet as Final Global Plastic Treaty Talks Near
With months until crunch talks on the world's first binding treaty on plastic pollution, experts are meeting in Bangkok to discuss financing options and problematic plastics.
1 min |
EP_22_06 (Energy & Power Vol 22 Issue 6 September 1, 2024)
Energy & Power
Environmental Activists Block Cruise Ship Arriving in Amsterdam
Environmental activists tied themselves to a lock recently at the Port of Amsterdam to prevent the arrival of a cruise ship, according to the port and the climate group.
1 min |
EP_22_06 (Energy & Power Vol 22 Issue 6 September 1, 2024)
Energy & Power
ADB to Help Bangladesh in Low-Cost River Cleaning Projects: Rizwana
Syeda Rizwana Hasan, advisor for Environment, Forest, and Climate Change, recently said the Asian Development Bank (ADB) will assist Bangladesh in implementing low-cost river-cleaning projects in important rivers, particularly Buriganga, Turag, and Balu.
1 min |
EP_22_06 (Energy & Power Vol 22 Issue 6 September 1, 2024)
Energy & Power
Combining Climate Measures Key to Slashing Emissions: Study
Amajor new study published recently on the effectiveness of climate measures such as taxes or subsidies in reducing greenhouse gases has found standalone measures fail to make a big difference.
1 min |
EP_22_06 (Energy & Power Vol 22 Issue 6 September 1, 2024)
Energy & Power
Environment Adviser Urges Doubling of $100b for Climate Financing
Syeda Rizwana Hasan, adviser on Environment, Forest, and Climate Change, has called for doubling the US$100 billion in climate financing to address the growing needs for environmental conservation.
1 min |
EP_22_06 (Energy & Power Vol 22 Issue 6 September 1, 2024)
Energy & Power
Australia Approves US$13.5b Project to Export Solar Power to Singapore
Australia said on Aug 21 it had given the go-ahead for a A$20 billion (US$13.5 billion) solar project that plans to ship energy from a giant solar farm in the country's north to Singapore through a 4,300km undersea cable.
1 min |
EP_22_06 (Energy & Power Vol 22 Issue 6 September 1, 2024)
Energy & Power
ABB Delivers Automation Solutions for 10GW of Renewables in India
ABB has delivered an automation solution for 10 GW of renewable energy plants in India. Starting with a 100-MW project about seven years ago, the company has reached the 10 GW milestone with more than 300 renewable energy projects across the country using its Internet of Things (IoT)-based PLC solution.
1 min |
EP_22_06 (Energy & Power Vol 22 Issue 6 September 1, 2024)
Energy & Power
Summit Reviewing Cross-Border Power Deals after India Rule Change
Bangladesh's Summit Group plans to renegotiate preliminary deals to import renewable power from India after a recent rule change by New Delhi allowed generators that exclusively export their electricity to sell locally, the utility's chairman said.
1 min |
EP_22_06 (Energy & Power Vol 22 Issue 6 September 1, 2024)
Energy & Power
Chief Adviser Urges China to Relocate Solar Panel Plants to Bangladesh
Chief Adviser Professor Dr. Muhammad Yunus recently called upon China to relocate some of its solar panel factories to Bangladesh in an effort to boost the country's green transition and exports.
1 min |
EP_22_06 (Energy & Power Vol 22 Issue 6 September 1, 2024)
Energy & Power
Power Outage Hits Rural Areas
The country, especially the rural areas, has been experiencing frequent power cuts recently due to insufficient electricity production from coal-based power plants, alongside the prolonged delay in increasing LNG regasification facilities.
1 min |
EP_22_06 (Energy & Power Vol 22 Issue 6 September 1, 2024)
Energy & Power
BB Increases Foreign Currency Support for Energy Imports
Bangladesh Bank has increased its supply of foreign currency to the Energy and Mineral Resources Division to continue its import of petroleum fuels and gas from abroad and also from locally operating foreign companies.
1 min |
EP_22_06 (Energy & Power Vol 22 Issue 6 September 1, 2024)
Energy & Power
Rooppur NPP Unit 2 Receives Delivery of Major Equipment
Transport Lock’’ a part of the nuclear fuel handling system for unit-2 of the Rooppur Nuclear Power Plant has been delivered to the construction site.
1 min |
EP_22_06 (Energy & Power Vol 22 Issue 6 September 1, 2024)
Energy & Power
Nuclear Fusion Startups Usher in Next Era of Sustainable Energy Innovation: GlobalData
Nuclear fusion technology is rapidly advancing, bringing us closer to a sustainable, limitless energy source.
1 min |
EP_22_06 (Energy & Power Vol 22 Issue 6 September 1, 2024)
Energy & Power
Challenges Of Energy Sector Reforms
The energy sector is now in total disarray. An evil syndicate of senior government policymakers and corrupt business groups through irregularities and corruption has created a complete mess.
4 min |
EP_22_06 (Energy & Power Vol 22 Issue 6 September 1, 2024)
Energy & Power
CCDB Climate Center: Towards Resilience For A Climate-Sensitive Future
In the heart of Bangladesh's vigorous landscape, the CCDB Climate Center stands as an inspiration of innovation and hope, leading the charge in the fight against climate change. Established by the Christian Commission for Development in Bangladesh (CCDB), this innovative facility is the first in the nation, dedicated to fostering climate resilience and promoting sustainable and low-carbon development.
2 min |