Business
Energy & Power
BB Governor Assures IPPs to Help Address Forex Losses
Bangladesh Bank Governor Ahsan H Mansur has assured independent power producers of effective measures to address their mounting foreign exchange losses.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
IRENA to Host Secretariat for Global Coalition on Energy Planning
'The outgoing President The G20 Brazil has invited IRENA to serve as the Secretariat of the Global Coalition on Energy Planning (GCEP).
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
LNG Subsidies Set to Go Ballooning This FY
State subsidies on account of LNG import in the current fiscal year (FY 202425) are estimated to be around Tk 160 billion, nearly three times the previous FY's Tk 60.35 billion.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
Experts For Exploring Domestic Hydrocarbon Resources To Address Energy Crisis
Experts have urged the authorities concerned to intensify hydrocarbon exploration in the local sources to reduce overdependency on imported fuel and address the country's energy crisis.
6 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
ACWA Power, Solarabic among Winners at 2025 MESIA Solar Awards
The Middle East Solar Industry Association (MESIA) honored several of the region's most significant contributors at the 2025 edition of its annual MESIA Solar Awards.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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 |