Energy Bangla

Energy electricity and environment news portal

Dhaka Sunday,  Jun 24, 2018

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Consumers’ right groups on Thursday severely criticized the gas distribution companies for sanctioning loan for gas and oil exploration without approval from the regulatory authority Bangladesh Energy Regulatory Commission (BERC). According to sources, various gas distribution companies have already provided Tk 230 crore loan to state-owned Bapex to help facilitate exploration of oil and gas in a shallow sea block in the Bay. In return the Bapex will pay back... »
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... »
The ongoing speculation online about the future of cooperation between Russia and OPEC seems to be a little one-sided. The main point of discussion up until now has been the fact that, due to international pressure (such as Trump’s Twitter diplomacy, perceived Russian willingness to open up the taps and pressure from Asian consumers) Saudi Arabia will be willing to revoke its current production cut stance. Current volatility in the... »
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... »
Allegations are there that, the state-owned Bangladesh Power Development Board’s (BPDB or PDB) procurement process is engrossed in plentiful corruption. Addressing these issues, the Prime Minister’s Office (PMO) and the Ministry of Power, Energy and mineral Resources have recently ordered the PDB to investigate. Complaints are there that, with compliance with some of the corrupt officials of the board, the PDB has been placing purchase orders at a much higher... »
Dhaka Power Distribution Company has taken an initiative to strengthen its capacity for power transmission and distribution in half of Dhaka city under its jurisdiction. The company has come up with the initiative in the backdrops of frequent power cuts every day, particularly in summer, because of its inadequate and old-fashioned infrastructures in power transmission and distribution, officials said. Besides, overhead cables of power transmission and distribution system of the... »
The government plans to open power market allowing private entrepreneurs to play in electricity generation, transmission and distribution. To make the power market open, the government included a provision in a draft law which is now set to be placed before the parliament to replace the 105-year old law, said officials. ‘In a bid to create an open market for power sector, the government will establish the power market and... »