Energy Bangla

Energy electricity and environment news portal

Dhaka Tuesday,  Sep 27, 2016
A credit deal of $1.9 billion is likely to be signed in the upcoming month of October to build the 1,320MW coal-fired power plant of Pyra. China’s Exim Bank is giving this credit at an interest rate of just above 2 percent, claimed the sources. The Standing Committee on Concessional Loan from the Finance ministry led by the Finance minister himself has approved the conditions of the credit deal recently.... »

Power Sector

UK Backs French-Chinese Power Plant Deal

power_station The government has given the go ahead for a new £18bn nuclear power station in the UK after imposing “significant new safeguards” to protect national security. The new plant at Hinkley Point in Somerset is being financed by the French and the Chinese. In exchange, China wants to use its... »

Gas Sector

Chevron Seeks Buyers For Myanmar Gas Assets

Hydrocarbon Potential of Offshore Myanmar U.S. oil and gas major Chevron Corp has put its Myanmar gas block stakes worth an estimated $1.3 billion up for sale, banking sources familiar with the matter said, in what would mark the biggest M&A transaction involving the country’s assets. The sale is part of Chevron’s efforts to preserve... »

Petroleum

Oil Edges Up, Returning Supply Caps Gains

oilprice Oil prices edged up on Thursday after two consecutive days of losses, with gains capped by returning supplies from Nigeria and Libya. Brent crude futures LCOc1 were trading at $46.23 per barrel at 1012 GMT, up 38 cents, from the last settlement. U.S. West Texas Intermediate (WTI) futures CLc1 were... »

EB Reports

Activists Demanded Sundarbans Protection Policy To JS Committe

rampal-360x179 The environmentalists and experts urged the JS (Jatiya Sangsad) committee to halt the power plant implementation activities and formulate policies to protect the Sundarbans, the largest Mangrove forest. The environmentalists and Sundarbans activists also demanded another EIA (Environmental Impact Assessment) conducted by intl. reputed expert agency while they were specially... »

Green Pages

Renewable Push May Hit Thermal Power Plants: Experts

Thermal NEW DELHI: Various power sector experts, including those at Central Electricity Authority (CEA), have warned that the unprecedented surge in renewable energy capacity in the next few years will severely stress thermal power plants, but power secretary PK Pujari remains upbeat about the sector. Thermal power plants are operating at... »

Coal Sector

Rampal Power Project

Coal India Exploring Export Opportunity To Bangladesh

rampal-1-337x205 As the domestic demand for coal has started dwindling with surplus stock at power plants, Coal India has started exploring export opportunities, hoping to enter Bangladesh with the upcoming Maitree super-critical thermal project there. A team recently visited Bangladesh and is likely to table its report soon. State-owned power generator... »

Something to Say

Surprise Natural Gas Drawdown Signals Higher Prices Ahead

oil price The U.S. electric power sector burned through a record amount of natural gas in recent weeks, a sign of the shifting power generation mix and also a signal that natural gas supplies could get tighter than many analysts had previously expected. The EIA reported a surprise drawdown in natural gas... »

Environment

Earthquake Hits Bangladesh

earthquake An earthquake measuring 6.8 on the Richter scale hit different parts of the country and India, Myanmar and Thailand Wednesday afternoon. The earthquake was felt at 4:37pm in Dhaka. There were no immediate reports of casualties. The epicenter of the quake was 25 km west of Chauk in Myanmar, which... »