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Business

Energy & Power

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

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

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

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

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

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

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  |

EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power

Energy & Power

Stricter Enforcement of Polythene Ban Crucial for Future Generation: Rizwana

Syeda Rizwana Hasan, adviser to the Ministry of Environment, Forest and Climate Change, and the Ministry of Water Resources, recently stressed that the ban on enforcing polythene is essential not only because it is legally mandated but also to ensure a healthy future for children.

1 min  |

EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power

Energy & Power

Trump Halts Leasing and Permitting for Wind Energy Projects

President Donald Trump signed an recently temporarily halting offshore wind lease sales in federal waters and pausing the issuance of approvals, permits and loans for both onshore and offshore wind projects.

1 min  |

EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power

Energy & Power

Mitsubishi Power Advances Thailand's Energy Development

Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), today announced the successful, on-schedule completion of the engineering, procurement, and construction (EPC) of a 1,400 MW natural gas-fired gas turbine combined (GTCC) power plant.

1 min  |

EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power

Energy & Power

Global Action Key to Tackle Climate Change: Rizwana

Environment Adviser Syeda Rizwana Hasan has called for unified global action to confront the challenges of climate change.

1 min  |

EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power

Energy & Power

Empowering Communities Sustainable Progress Innovation

Summit Power International is transforming Bangladesh's infrastructure with innovative solutions across sectors. Backed by global partnerships and foreign investments, we set new standards in development. At Summit, we empower communities and build a stronger, more prosperous future.

8 min  |

EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power

Energy & Power

Russian Ship with Rooppur Power Plant Machinery Reaches Mongla Port

A Russian flag-carrier ship, MV Melina, has arrived at Mongla Seaport with goods for the Rooppur Nuclear Power Plant (RNPP).

1 min  |

EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power

Energy & Power

World Bank Offers Cheaper $350m Loan Guarantee for LNG Imports

The World proposed Bank has a $350 million loan guarantee facility for Bangladesh, presenting more favorable terms than the current foreign financing option and creating a new avenue to support the country's longterm liquefied natural gas (LNG) import requirements in 2025.

1 min  |

EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power

Energy & Power

NRPCL Coal Power Plant Starts Trial Generation

The newly constructed 1,320-megawatt coal-fired Norinco-Rural Power Company Limited (NRPCL) power plant in Kalapara upazila of Patuakhali has started trial electricity generation recently.

1 min  |

EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power

Energy & Power

PDB Plans to Cut Cost by Tk 10,000cr in FY25

The interim government has come up with a plan to reduce power sector expenses by Tk 10,000 crore while energy experts term the plan impractical, saying that the right intervention could save Tk 30,000 crore overnight.

1 min  |

EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power

Energy & Power

IEA Forecasts Record Nuclear Electricity Production in 2025

Nuclear-powered electricity generation is set to hit a record level in 2025, accounting for nearly percent of global 10 production, the International Energy Agency forecast recently.

1 min  |

EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power

Energy & Power

Clear Dues by June to Avoid Surcharges: Adani Tells PDB

India's Adani Power has warned the Bangladesh Power Development Board (PDB) recently to clear the outstanding bills of $845 million within June to avoid late payment surcharges.

1 min  |

EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power

Energy & Power

Chevron Names Laura Lane as New VP

Chevron Corp. has Cappointed Laura Lane as its new Vice President and Chief Corporate Affairs Officer, effective February 1, 2025.

1 min  |

EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power

Energy & Power

Global Electric Car Sales Rise by 25% in 2024

Electric car sales rose by 25 percent globally last year, surging in China but slowing in Europe, according to figures published recently by the British consultancy Rho Motion.

1 min  |

EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power

Energy & Power

Coal Production at Barapukuria Resumes after 43 Days

Coal production at Barapukuria Car Coal Mining Company Limited resumed recently following a 43-day suspension for relocating equipment, said Khan Mohammad Zafor Sadiq, general manager (operation-mine) of BCMCL.

1 min  |

EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power

Energy & Power

2,412 DESCO, DPDC Engrs., Staff Plead to CA for Due Salaries

More than 2,412 engineers and staff of the Dhaka Electricity Supply Company Ltd (DESCO) and Dhaka Power Distribution Company Ltd (DPDC), who were employed on a temporary basis through different outsourcing companies, are being deprived of getting their actual salaries even giving relentless after services to the companies to ensure smooth supply and management of electricity.

1 min  |

EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power

Energy & Power

Exxon Mobil Discovers Gas Offshore Egypt

Exxon Mobil Egypt (Upstream) Ltd. has completed the drilling of the Nefertari 1 well in the North Marakia Block with the Valaris DS-9 drillship, the company posted on its LinkedIn recently.

1 min  |

EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power

Energy & Power

Youth Must Lead Sustainable, Nature-Centric Development: Rizwana

Syeda Rizwana Hasan, Advisor to the Ministry of Environment, Forest and Climate Change, has emphasized the importance of youth leadership for sustainable development.

1 min  |

EP_22_15 (Energy & Power Vol 22 Issue 15 Jan 16, 2025)
Energy & Power

Energy & Power

Monthly Natural Gas Trades in India Shoot Up 129% in Dec

An increase in gas prices in the international market and a reduction in Administered Price Mechanism (APM) gas allocation to city gas distributors (CGD) led to monthly gas volumes traded on the Indian Gas Exchange Limited (IGX) rising by 129 percent sequentially to 5.7 metric million British thermal units (mmBtu) in December, the company said recently.

1 min  |

EP_22_15 (Energy & Power Vol 22 Issue 15 Jan 16, 2025)
Energy & Power

Energy & Power

Thrust on Enhanced BangladeshChina Cooperation in Environmental Management

Environment, Forest and Adviser Syeda Rizwana Hasan recently said Bangladesh and China can collaborate effectively in air quality management and sustainable development by learning from each other's policies, innovations, and community-driven approaches.

1 min  |

EP_22_15 (Energy & Power Vol 22 Issue 15 Jan 16, 2025)
Energy & Power

Energy & Power

Saudi Aramco Keen to Build Oil Refinery in Bangladesh: Envoy

Saudi Arabia's state-owned oil giant, Aramco, has expressed interest in setting up an oil refinery in Bangladesh, which could significantly impact the Bay of Bengal region, Saudi Ambassador Essa Youssef Essa AI Duhailan said recently.

1 min  |

EP_22_15 (Energy & Power Vol 22 Issue 15 Jan 16, 2025)
Energy & Power

Energy & Power

Aker Solutions, ABB Partner for North Sea Green Volt Wind Study

Aken ker Solutions and ABB will conduct the first-phase FEED for the 560-MW GreenVolt floating offshore wind project in the central UK North Sea, 80 km from Peterhead, eastern Scotland.

1 min  |

EP_22_15 (Energy & Power Vol 22 Issue 15 Jan 16, 2025)
Energy & Power

Energy & Power

LNG Supply Period Extended for 7 Companies

The Advisory ouncil Committee on Economic Affairs (ACCEA) has approved the extension of the LNG (liquefied natural gas) supply contracts for seven companies.

1 min  |

EP_22_15 (Energy & Power Vol 22 Issue 15 Jan 16, 2025)
Energy & Power

Energy & Power

Solar Pumps Revolutionize Farming in Northern Region

Farmers in the northern region, particularly in Rangpur and Dinajpur districts, have long faced water scarcity, making farming a challenging task.

1 min  |

EP_22_15 (Energy & Power Vol 22 Issue 15 Jan 16, 2025)