Energy Bangla

Energy electricity and environment news portal

Dhaka Friday,  Apr 27, 2018

Power Sector

Summit group is going to install a 300 MW power plant at Gazipur and it has signed a Power Purchase agreement (PPA) and an Implementation Agreement (IA) with the government on Sunday. The deal signing program was held at the Bidyut Bhaban of the city. Bangladesh Power Development Board (BPDB or PDB) has signed the PPA with Summit group at the program and Summit signed the IA with Power Division... »
Prime Minister Sheikh Hasina today inaugurated four new power plants including two solar power plants as well 100 percent electrification in 10 upazilas. The prime minister opened the four power plants and 100 percent electrification in 10 upazilas through a videoconferencing from her official Ganabhaban residence here this morning. The power plants are Shikalbaha 225-MW Combined Cycle Power Plant, Chapainawabganj 100-MW Power Plant, Shalla 400 kilowatt Solar Power Plant and... »
The state minister for Power, Energy and Mineral Resources Nasrul Hamid has agreed that the pre-paid power customers are being the victim of various types of harassments and he also directed the related officials to relieve the customers immediately from the oppression. The state minister said so in a meeting held at the power division on Wednesday. He also alleged that the customers are even forced to pay extra bills.... »
Infrastructure Development Company Limited (IDCOL), a government owned development financial institution involved in private sector energy and infrastructure financing in Bangladesh, has recently signed a term sheet with Confidence Group to raise USD 135 million term loan facility for establishment of three HFO fired IPP power plants in Bogra, Rangpur, and Chittagong having combined capacity of 280 MW. Confidence Power Bogra Limited, Confidence Power Rangpur Limited, and Zodiac Power Chittagong... »
The 150 MW simple cycle power plant of Sylhet is going to be upgraded to a 225 MW combined cycle power plant by a fund raised by the customers. The Power Development Board (PDB) has already signed a deal on Sunday with Chinese Shanghai Electric Group to upgrade this current power plant. Power secretary Ahmad Kaykaus, PDB chairman Khaled Mahmud were present at the deal signing ceremony among others. The... »
Mohammad Latif Khan, Vice-Chairman of Summit Group, has been elected President of the Bangladesh Independent Power Producers’ Association (BIPPA) once again. The election was held at the association’s office in Dhaka.  He has been elected President of the body for the next two years. Previously, the 2nd Annual General Meeting was held on November 20, 2017 at Four Points by Sheraton in Gulshan, Dhaka. The annual report and upcoming fiscal... »
Prime minister’s energy adviser Tawfiq-e-Elahi Chowdhury, the new rates of retail power prices, to go into effect from next month, will ‘hardly affect’ living standards of the people. State Minister for Power, Energy and Mineral Resources Nasrul Hamid also does not think the prices have been raised ‘too much’, reports “I believe the hike is insignificant and will not affect living standards of people. The BERC itself has raised... »
The latest hike in power tariff has come as a major blow to general consumers who are going through high pressure from their increasing living costs. Consumers, especially lower-and middle-income groups, expressed concerns over the ‘abnormal’ rise in power prices and said it will put negative impacts on their living. Experts fear that the fresh power tariff hike will put more pressure on the consumers, as it has come in... »
Power tariff is hiked for one more time confirming the rumors that hinted at the public hearings held recently. The power tariffis raised by 5.3 percent or Tk 0.35 per kilowatt-hour/unit on an average which will be enacted from 1st December of this year. The Bangladesh Energy Regulatory Commission has declared the tariff hike of retail power on yesterday, although the state minister of power, energy and mineral resources had... »
Coping with the staggering demand for new power connections has become a major challenge for Bangladesh in achieving Sustainable Development Goals (SDGs) by 2030, according to a UNCTAD report. This year’s report on the least developed countries (LDCs), the organization said Bangladesh will require some 20-30 percent new electricity connections every year. Along with it, Bangladesh needs to ensure uninterrupted, environment-friendly and affordable renewable energy for all, said Centre for... »