Energy Bangla

Energy electricity and environment news portal

Dhaka Wednesday,  Apr 1, 2015
Bangladesh Oil, Gas and Mineral Corporation, short-named Petrobangla, has received bids from five joint-venture geophysical companies for mapping out hydrocarbon deposits in the Bay of Bengal. The state-owned energy monopoly invited bidders to survey potential reserves of the country’s energy resources aimed at ensuring energy security here. It’s really a good response to conduct 2D multi-client seismic survey offshore, said Petrobangla officials on Sunday. Petrobangla hopes to award the job... »

Power Sector

Summit Group has borrowed Tk 40 billion

summit Summit Group has borrowed Tk 40 billion from an international consortium comprising companies of, among others, DEG of Germany, FMO of the Netherlands and Standard Chartered Bank. The loan, which carries an interest rate of 4.5 percent, will be used to help 335MW Summit Meghnaghat power plant and 341MW Summit... »

Gas Sector

Maybe No Increase in Price of Gas for Domestic Use

gas The government has decided not to increase the price of gas for domestic consumers but will increase subsidy in importing LP gas that has been used for cooking purposes across the country. It has also decided to increase the price of gas that has been used for captive power generation.... »

Petroleum

Govt cuts tariff of refined petroleum

fuel-22-337x205 The government has reduced tariff of different refined petroleum fuels at condensate fluctuation plants as the private sector gets more profit from it taking advantage of lower crude fuel prices on the international market. The latest adjustments will take effect from November 2014 but it will not impact the consumers... »

EB Reports

Donors Advice us to Increase Price of Energy

banglanews24.com Energy Adviser to the Prime Minister Dr. Tawfiq-e-Elahi Chowdhury Bir Bikrom said, the foreign donors always advice us to increase the price of electricity and gas and use the additional money for the development of our industries. Mentioning that Bangladesh needs reliable power supplies to support industrial growth, which will... »

Green Pages

Solar solution for Jhenidah farmers

solar.jinaidha There is no power in the village, but an initiative by a farmers’ cooperative has boosted their hopes of bumper crop yields in the vicinity. Two solar pumps have put smiles on growers’ faces as they can now irrigate paddy fields at much lower costs. The pumps, first of their... »

Coal Sector

Phulbari Coal Mine Project

GCM Resources Is in Advocacy

coal Despite long-time silence from Government end to go ahead- GCM Resources-a London based resource Development Company is still advocating for developing Phulbari Coal Project- a crown jewel of country’s coal resources. As a pioneer investor in country’s untapped coal resources, GCM showed unlimited passions and commitment to develop the coal... »

Something to Say

Consumers Winning With Low Oil Prices, For Now

oilprice Lest we be too quick to forget whence we came, America is now 9-months into lower gasoline prices, which started their swoon the week of June 30, 2015 from a lofty national average just under $3.70, tumbling almost every subsequent week before bottoming and bouncing from $2.02 the end of... »

Environment

World Meteorological Day today

metrology day 2015 The World Meteorological Day is being observed in Bangladesh today like other countries in the world highlighting the huge contribution that National Meteorological and Hydrological Services make to the safety and well-being of society. The theme of this year is “Climate knowledge for climate action”, that provides an opportunity to... »