Energy Bangla

The implementation rate of the Annual Development Programme (ADP) during the July-August period of the current fiscal year (FY19) reached 3.49 percent with an overall expenditure of Taka 6,318 crore. The ADP implementation rate during the July-August period of the last fiscal year (FY18) was 5.19 percent with an overall expenditure of Taka 8,517 crore, according to the latest statistics provided by the Implementation Monitoring and Evaluation Division (IMED) of... »

The holy Eid-ul-Azha, the second biggest religious festival of the Muslims, is being celebrated across the country today with due solemnity and religious fervor and amid tight security. On the occasion, the Muslims across the country are offering prayers in congregations and sacrificing animals in the name of Almighty Allah. They are also offering special munajat seeking divine blessings for peace, progress and prosperity of the country as well as... »

Bangladeshi businessman and Summit Group Chairman Muhammed Aziz Khan is among Singapore’s richest people. With $910 million net worth, Khan ranks 34th among 50 richest people in the city state, according to a 2018 list published by Forbes. Khan, 63, has interests in power, ports, fibre optics and real estate. A Singapore permanent resident, Khan is planning to list Summit Power International on the Singapore exchange. His daughter, Ayesha Aziz... »

Bangladesh-India Friendship Power Company (Pvt.) Limited (BIFPCL) has distributed school bags, water bottles and umbrella among the students and teachers of Rampal upazila of Bagerhat. As a part of community development activities around the Maitree Super Thermal Power project the company distributed those items among the 800 students and teachers of four schools of Rajnagar and Hurka Union of Rampal. The distribution ceremony took place in a function organized by... »

Today Bangladesh’s largest publicly listedindependentpower producerSummit Power Limited has received the Integrated Management System (IMS) certifications for its Barisal and Narayanganj Unit II power plants. The IMS certification includes Environment Management System (EMS)– ISO 14001:2015, Quality Management System (QMS) – ISO 9001:2015 and Occupational Health and Safety Assessment (OHSAS) – OHSAS 18001:2007. As a resultof these certifications, Summit is showingcontinued commitment to its business performance and gaining competitive advantage. Bureau... »

In its efforts to boost quality education in its areas of operation under its social investment programs, Chevron has continued its support of four schools near its Bibiyana Gas Field. A simple ceremony was held with representatives of the four selected schoolsat the gas field. The funds will enable school management to recruit additional faculty in English, Science and Mathematics to improve quality of teaching in those subjects. Three teachers... »

Finance Minister AMA Muhith today proposed Taka 24,921 crore for Power, Energy and Mineral Resources Ministry in the budget for 2018-19 fiscal for the overall development of the country’s power and energy sector. “We supply electricity to about 92 percent of the country’s area and 90 percent households get electricity connections and our immediate goal is to raise power generation capacity from existing 16,046MW to 24,000MW by 2021,” he said... »

Bangladesh has unveiled a Tk 4.65 trillion budget for fiscal 2018-19. The figure is an increase of 25 percent from the revised budget and more than 16 percent higher than the original budget of the outgoing fiscal year. The budget has largely focused on infrastructure, along with a major push to scale up social safety net, and other nationally important projects. Finance Minister AMA Muhith, 85, is set to present... »

The nation’s dream satellite, Bangabandhu-I, was launched in the early hours of today. The historic event of Bangladesh’s debut in the space society took place at 2:14 am Bangladesh time when the country’s first geostationary communication satellite started its voyage towards the orbital slot from the Kennedy Space Centre in Florida, the USA. Falcon 9, the finest rocket of American firm SpaceX, started to carry the satellite to the orbit... »

State Minister for Power, Energy and Mineral Resources Nasrul Hamid today said the government is working to supply electricity smoothly and speedily at affordable prices along with ensuring clean energy. “Bangladesh is progressing fast and to maintain this trend, we need uninterrupted power supply in the country,” he said, speaking as the chief guest at a workshop at a local hotel here. Power, Energy and Mineral Resources Ministry, Monash University... »