Energy Bangla

Energy electricity and environment news portal

Dhaka Saturday,  Oct 20, 2018

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Bangladesh Energy Regulatory Commission (BERC) has decided not to raise the gas price ‘considering the overall situation’. The watchdog announced its decision at a press conference at the commission office in the city on Tuesday. “Under the present circumstance, we find no reason to raise the gas price,” said BERC Chairman Monwar Islam while briefing reporters. He, however, did not directly respond to the question that there is a perception... »
Shares of the Companies from power sector have traded the highest turnover in Dhaka Stock Exchange (DSE) last week. And as a result of this high amount of trade the rate of the shares of power sector companies have also increased. In the list of top 20 companies, three power sector companies secured the top 3 positions. Summit Power secured the first place considering both traded share volume and value.... »
India hopes to secure a waiver from U.S. sanctions on Iran before they take effect on Nov. 4, as it had significantly cut Iranian oil imports before the deadline, officials said on Monday. The United States is imposing new sanctions on Iran’s oil industry after Washington withdrew from a nuclear deal between Tehran and other global powers. Washington said on Friday it was considering waivers for nations that were reducing... »
International Finance Corporation (IFC) has committed to invest $20 million as a long-term loan in Omera Petroleum to help the company double its capacity and increase the availability of liquefied petroleum gas (LPG), especially in rural areas. Omera—whose parent MJL Bangladesh Ltd is majority owned by Bangladeshi conglomerate East Coast Group—is the second-largest player in Bangladesh’s LPG market by volume. The loan of IFC, a member of the World Bank... »
The present government led by Prime Minister Sheikh Hasina gives a total of 2,25,722 electricity connection to rural establishments including households in 961 villages under ten upazilas of the district in last nine years, an official said today. General Manager (GM) at Palli Bidduth Samity (PBS) here Mojibur Rahman said Rural Electrification Board (REB) and PBS Netrakona installed 3,871 kilometers electric lines and four power sub-stations in 961 villages between... »
PowerAll but one furnace oil (HFO)-fired fast track private power plant projects, hurriedly undertaken on emergency basis last year to manage the crisis, failed to come into operation as per schedule. Of the 14 June, only one such fast-track IPP (independent power producer’s) project has been commissioned in the last month. The rest (13) projects could not be completed largely because of sponsors’ lacks in fund accumulation or for want... »
Seven large projects are likely to get Taka 29,675 crore in the upcoming budget for financial year 2018-19 (FY19) for accelerating the implementation process of these ‘fast-track’ projects. “The government will allocate for the mega projects as per their demand. We want to implement the mega projects within the scheduled time for the benefits of the economy,” Finance Secretary Mohammad Muslim Chowdhury told. The mega projects are Padma Multipurpose Bridge,... »
The government is planning to buy solar power generated at the rooftop solar panels of household and industry owners. To implement the idea, a consultant is already appointed by Powercell to determine how the solar power will be purchased by the government. The decision to buy solar power from industry and household owners got finalized in a meeting that held at the Bidyut Bhaban in the city on Thursday. According... »
Nuclear Power Corporation of India (NPCIL) signed contracts with Atomstroyexport, sister concern of Russia’s state corporation Rosatom on July 31 for design and supply of the main equipment for units 5 and 6 under phase 3 of Kudankulam Nuclear Power Plant, in the state of Tamil Nadu. “The project for construction of units 5 and 6 of Kudankulam NPP is passing to the practical implementation phase. Designing begins and development... »
Engineer Bikash Dewan has joined as the new Managing Director of Dhaka Power Distribution Company Limited (DPDC). Before joining there he served the Power Development Board (PDB) as a chief engineer (Planning and Design). Eng Bikash Dewan completed his graduation as a BSC Eng. from the former Bangladesh Institute of Technology, Chittagong (BIT) which is currently known as Chittagong University of Engineering and Technology (CUET). Mr. Bikash has spent most... »