Energy Bangla

DHAKA, June 5, 2014 (BSS) – Rolling out a Tk. 2 lakh 50 thousand 506 crore national budget for fiscal year 2014-15 at the Jatiya Sangsad, finance minister Abul Maal Abdul Muhith today outlined programmes for boosting confidence of businesses aiming at luring investments for 7.3 percent economic growth. In his 160-page budget speech, the bureaucrat turned politician also gave investors a ‘signal’ that the government of Prime Minister Sheikh... »

Dhaka, 28 May 2014: The Governor of Kobe (Hyogo Prefecture) stated that entrepreneurs in Kobe was deeply interested to invest in large infrastructure projects in Bangladesh such as water treatment plant, power plant, construction/management of deep sea port, health care and modernization of hospitals in Bangladesh, and training of doctors and nurses etc. He expressed interest about such projects in Bangladesh while meeting with the State Minister for Foreign Affairs... »

TOKYO, May 26, 2014 (BSS)- Japan has expressed its commitment to providing up to 600 billion yen of assistance to Bangladesh from this year by fully taking into account the proper and smooth implementation of projects. This was disclosed at a joint press conference here this afternoon after the summit-level official talks between Prime Minister Sheikh Hasina and her Japanese counterpart Shinzo Abe at the Prime Minister’s Office. At the... »

Dhaka, 23 May 2014: German wants to invest in expansion and upgradation of railway network, in-land water transportation, water treatment and waste management sectors. They are also highly interested to invest in Bangladesh for a factory for spare parts machinery for the regional market and considering producing electricity from garbage and waste as well. These were expressed while a Ten member German Business Delegation headed by Wilhelm G Clasen, Member... »

The US Deputy Assistant Secretary for energy resources Robert Ichord on Thursday said “diversification” should be the key to address the power crisis in Bangladesh. He, however, stressed that efficient energy use in combination with renewable energy could play an important role in meeting power-starved Bangladesh’s electricity needs. Ichord was discussing the power situation with a small group of journalists at American Club in Dhaka. The US ambassador in Dhaka... »

The Unnayan Onneshan (UO), an independent multidisciplinary think-tank, in its current monthly issue of the Bangladesh Economic Update reveals that the recent underperformances in external sector is due to falling investment demand-induced decreased import, declining remittance, lack of diversity in export, and unsatisfactory inflow of foreign direct investment (FDI), causing the continuation of declining growth in gross domestic product (GDP). Calling for a thorough rexamination of the current trade and... »

DHAKA, April 24, 2014 (BSS) – The Asian Development Bank (ADB) signed a loan agreement with the government for US dollar 250 million to develop a surface water supply system benefiting more than 11 million people in Dhaka, where groundwater is depleting rapidly. The concessional assistance will help expand the coverage and quality of water supplies, and develop a new raw water intake at the Meghna River, about 22 kilometres... »

The most loved person in Bangladesh this week is without doubt Biman Airlines Md & CEO Kevin John Steele. That’s the unanimous opinion of over 500 very happy, radiantly-smiling children who attended a special ‘farewell’ party given in his honour by the Ali Akbar Fun‘n’Games committee in a village near Gazipur. “From the moment Kevin arrived in the village, it was as if there had been an electrical power surge.... »

A new record has been created for power generation in the country as Bangladesh. 7,356MW supplied to the national grid on 30th march. Power Development Board (PDB) Director (Public Relations) Saiful Hasan said that information. The previous feat of power generation was 7,138 MW recorded on 29th March, 7032MW recorded on 27th March, 6970 MW recorded on 25th March. Last year, on July 12, PDB produced 6,675MW power. Saiful Hasan... »

DHAKA, Apr. 9, 2014 – Chevron Bangladesh has joined forces with BRAC to launch a comprehensive three-year road safety awareness program for the communities of its Bibiyana gas field and Sylhet city. The program was officially launched at BRAC’s office by BRAC Founder and Chairperson, Sir Fazle Hasan Abed KCMG, and Chevron Bangladesh President, Geoff Strong, on 9 April, 2014. The Chevron-BRAC road safety program will provide training and build... »