Energy Bangla

Finance Minister AHM Mustafa Kamal has expressed the apprehension that inflation will go up further due to oil price hike in international market. “Economy is closely associated with fuel oil. Prices of goods and services will increase if oil prices go up in international market. Its implication will fall on overall economy and living standard of people,” he said while talking to journalists at his office at the Ministry of... »

The US dollar soared to Tk 119 in kerb market on Wednesday, which was the highest in the country’s history. On Wednesday (August 10) morning, the US dollar jumped to Tk 118-119 in the kerb market. Most money exchanges are more interested in buying than selling because of the shortage of cash dollars. On Monday (August 8), the price of US dollar in the open market was Tk 115. Open... »

Prime Minister’s Power, Energy and Mineral Resources Affairs Adviser Dr. Tawfiq-e-Elahi Chowdhury today called for efficient and cost-effective use of energy and its diversification for ensuring energy security. He was addressing a virtual seminar arranged by the Energy and Mineral Resources Division on the occasion of the National Energy Security Day. Recalling the significance of observance the day on August 9, the premier’s adviser said the dreams of Father of... »

The government has raised the prices of urea fertiliser by Tk 6 to Tk 22 per kg for farmers to keep in step with surging global prices and reduce the burden of subsidies. The price at the dealership level also climbed to Tk 20 from Tk 14 as part of the government’s efforts to regulate the use of fertilisers. The new prices came into effect on Monday, the agriculture ministry... »

Bangladesh’s population grew to 165 million in 2022 from 144 million in 2011, according to preliminary findings from the recent census. According to a summary released by the Bangladesh Bureau of Statistics on Wednesday, women outnumber men in the country. The latest figures show about 83.35 million women live in the country, compared to 81.71 million men. The findings were published at a press conference at Bangabandhu International Conference Center... »

Japan International Cooperation Agency (JICA) will continue to work with the government to enhance the capacity of Bangladesh power and energy sector. “JICA wants to continue to work for enhancing the capacity of Bangladesh power and energy sector and developing the combined Maheshkhali-Matarbari energy transition infrastructure,” said JICA Executive Senior Vice-President YAMADA Junichi today. YAMADA Junichi came up with the assurance when State Minister for Power, Energy and Mineral Resources... »

The government has decided to suspend operations at diesel-fuelled power plants and keep fuel stations closed for one day a week in a bid to conserve electricity amid a global energy crisis. The decisions were made during a meeting at the Prime Minister’s Office on Monday. The other steps that are being considered include cutting down office hours and emphasising remote work, introducing an area-wise load shedding schedule and moderating... »

The holy Eid-ul Azha, one of the major religious festivals of the Muslim community, was celebrated on Sunday across the country with due solemnity and religious fervor. President M Abdul Hamid offered the prayers of Eid-ul-Azha along with his family members and some officials at the Hallway of the Bangabhaban here at 8.30am maintaining health guidelines and social distancing. In view of the coronavirus outbreak, the President did not attend... »

In response to the recent devastating flood in Sylhet, as a responsible corporate citizen, Chevron Bangladesh, the largest producer of natural gas in the country, extended its hand to support flood-affected communities in three districts of the Sylhet division to help fight the ordeal through relief. As part of the initiative to support the flood-affected people of Habiganj, Sylhet and Sunamganj districts, Chevron Bangladesh recently provided one week’s emergency supplies... »

As factories are experiencing unusual disruption in production due to frequent load shedding, FBCCI President Md Jashim Uddin on Wednesday called for rationing of power to keep the production interrupted. The FBCCI chief made the call at the 3rd meeting of the Standing Committee on Power, Energy and Utilities held at FBCCI on Wednesday afternoon. He also called for short, medium and long term roadmaps to ensure energy security. Vice-President... »