At the third Annual General Meeting (AGM) of Bangladesh Independent Power Producers’ Association (BIPPA) the President of BIPPA Mohammad Latif Khan thanked the government of Bangladesh for the policy support that enabled Independent Power Producers (IPP) to contribute contribute 47% of nation’s installed power generation capacity of about 20,000 MW. The annual report and upcoming fiscal year’s budget of BIPPA were also approved at the AGM. BIPPA was formed in... »
Yesterday at the reception of the High Commissioner of Canada Her Excellency Nancy Lynn McDonald’s residence in Singapore, Honourable Prime Minister of Canada Justin Trudeau speaking with the Chairman of Summit Group Muhammed Aziz Khan appreciated Summit’s effort to bring LNG, a source of clean energy that will decarbonise power generation in Bangladesh. Mr Trudeau also praised Honourable Prime Minister Sheikh Hasina as a great leader of Bangladesh, developing countries... »
Prime Minister Sheikh Hasina on Wednesday invited Saudi entrepreneurs to invest in Bangladesh for mutual benefits as both the countries lag behind in exploiting their full potentials of trade and investment opportunities. “We can join hands in our journey of shared profit and prosperity. I assure you of my government’s full support and cooperation,” she said. The Prime Minister said this while holding a meeting with the Saudi business community,... »
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... »