Energy Bangla

Energy electricity and environment news portal

Dhaka Tuesday,  May 26, 2015
The state-owned Infrastructure Development Company Limited, or IDCOL’s countrywide solar home system (SHS), which obtained recognition as the world’s single largest renewable energy program for benefiting the highest number of people, is coming across obstacles in its expansion. “The SHS is experiencing impediments mainly from local influential quarters, who install the system, but simply want to believe it is a government-sponsored program that does not need to be paid for.... »

Power Sector

Financing Public Sector Power Projects

share bazar The government is planning to mobilize $1 billion from the capital market to finance a series of public-sector power projects as part of its efforts to generate additional 20,000MW of electricity by the year 2030. The Power Division will sit in a meeting today with State Minister for Power and... »

Gas Sector

Contract prices raised for well drilling by Gazprom

bapex1-337x205 The government has increased contract prices for the drilling of four wells by Russian energy giant Gazprom under the Energy Division’s fast-track measures. The Cabinet Committee on Public Purchase monday gave its consent on an Energy Division proposal on increasing the price. The meeting was presided by Industries Minister Amir... »

Petroleum

Fuel price won’t be lowered anytime soon: Muhith

oilprice Finance Minister AMA Muhith on Wednesday said the government is not going to lower the fuel price anytime soon despite its fall in the international market. He said this while talking to reporters after a pre-budget discussion with the secretaries of different ministries. Muhith said the government is planning to... »

EB Reports

Bangladesh’s per capita income rises to $1,314

bay.1 The per capita income in Bangladesh has risen from $1,190 to $1,314, Bangladesh Bureau of Statistics (BBS) says. The figure emerged from an analysis of data pertaining to the first nine months (July-March) of the 2014-15 financial year. The data also revealed that the Bangladesh GDP grew at 6.51 percent... »

Green Pages

Nuke power plant cost up three times

nuclear plant The 2400-megawatt Rooppur nuclear power project is likely to cost around $10 billion, more than three times the initial estimate of the government. The project’s Russian developer Rosatom has been dropping hints since last year that the cost may go up to $10 billion. A couple of years ago the... »

Coal Sector

Indian firm to conduct study at Jamalganj coal field to find gas

coal-337x205 Mining Associates Pvt Ltd, an Indian company, will conduct a feasibility study on extracting coal-bed methane gas at Jamalganj coal field in Sunamganj. The cabinet committee on purchase sunday approved a proposal from the Energy Division, awarding the West Bengal-based firm to conduct the study. The company will get Tk... »

Something to Say

Is US shale about to make a comeback?

shalegas Oil prices have rebounded strongly since March. The benchmark WTI prices soared by more than 36 percent in two months, and Brent has jumped by more than 25 percent. There is a newfound bullishness in the oil markets – net long positions on Brent crude have hit multi-year highs in... »

Environment

Fresh quake in Nepal, tremors felt in Bengal, Sikkim

earthquake Another earthquake was felt in Nepal on Saturday measuring 5.7 on the Richter scale. The tremors from the quake were felt across north Bengal and Sikkim this evening at 5.05 pm. The Indian Meterological Department in-charge in Sikkim, Gopinath Raha, said the tremor lasted for 10.5 seconds. The quake originated... »