Energy Bangla

Energy electricity and environment news portal

Dhaka Saturday,  Apr 20, 2019

Power Sector

State Minister for Power, Energy and Mineral Resources Nasrul Hamid today said Bangladesh has been working to increase power generation as it needs 60,000 megawatt (MW) electricity to be a developed country by 2041. “Currently the power generation capacity of the country has reached to 16,046 MW while the government is working relentlessly to reach the general capacity 24,000 MW by 2021 to be a middle income country, he said.... »
Summit, the largest Independent Power Producer (IPP) in Bangladesh has completed construction of another HFO fueled reciprocating power plant with 300 MW capacity. The Summit Gazipur II Power Limited has begun supplying power to the national grid from 5th May 2018. It was implemented as a fast-track project within nine months, a period that was set by Bangladesh Power Development Board (BPDB) and Power Division of the Ministry of Power,... »
As part of its ongoing efforts to increase power production, the government today signed a joint venture agreement with China for installing a 1,320 MW coal-fired power plant at Moheshkhali in Cox’s Bazar. “Bangladesh Power Development Board (BPDB) and China Huadian Hongkong Company Ltd (CHDHK) signed the agreement to form a new joint venture company within 30 days,” State Minister for Power, Energy and Mineral Resources Nasrul Hamid said while... »
State Minister for Power, Energy and Mineral Resources Nasrul Hamid today said around 1,000 MW electricity would be added to the national grid during the month of holy Ramadan. “We are committed to ensure uninterrupted supply of electricity during the holy month of Ramadan as some 1,000 MW power would be added to the national grid this month,” he said while speaking as the chief guest at a view-exchange with... »
A Chinese company named Zhejiang Jindun Pressure Vessel Company Ltd is going to invest a record $5 billion in Bangladesh’s power sector. A deal is likely to be signed between Zhejiang Jindun and Bangladesh Economic Zones Authority (BEZA) regarding this investment within the next one month. The Chinese company was originally willing to set up a 2,640-megawatt coal-fired power plant but the Power Division gave it permission initially to build... »
SINGAPORE is set to have the first Bangladeshi company list on the Singapore Exchange, as electricity producer Summit Power International on Thursday lodged its initial public offering (IPO) prospectus here to raise about US$245 million. Summit is the largest independent power producer in Bangladesh, and owns 15 operational power plants in the country which have an aggregated installed capacity of 1,201 MW. This gives it a 21 per cent market... »
Lifespan of the proposed Rampal coal-based power plant in Bagerhat is feared to be shortened by almost two-thirds (25 years instead of expected 75 years) due to corrosion and other weather factors, as the construction materials required to withstand coastal corrosive weather are not being used as they are not specified for the scheme, said noted engineers and businessmen yesterday. Besides, unlike Padma bridge project, there is no national-level technical... »
Prime Minister Sheikh Hasina today renewed her call to the countrymen to be economical in using electricity saying that the government has to spend a huge amount of money to produce it. “You’ll have to be economical in using electricity … we want that the people to use it properly,” she said while opening Bheramara 410-MW Combined Cycle Power Plant and cent percent electrification in 15 upazilas through a videoconferencing... »
State Minister for Power Nasrul Hamid on Thursday said that political outlook is big a factor in cross border power trading and regional cooperation. He observed that the cross border power trade has taken a successful shape by the initiative of Prime Minister Sheikh Hasina. “Political commitment is important to move ahead with the regional cooperation”, he said while addressing a seminar on cross border power trade at Institute of... »
The World Bank has approved $560 million for two projects in Bangladesh to improve power supply and help microenterprises become environmentally sustainable. “The World Bank is helping Bangladesh overcome barriers to higher growth. Unreliable power supply and environmentally-unstainable enterprises hinder a county’s competitiveness and poverty reduction efforts,” Zahid Hussain, World Bank’s acting country director for Bangladesh, said in a statement on Friday. “By improving electricity transmission and helping in micro-enterprises... »