Information and Broadcasting Minister and Awami League Joint General Secretary Dr Hasan Mahmud today said despite the recent hike in the price of electricity in the country, the tariff of power still remains less than in many countries. “The increase in electricity price has exceeded cent per cent in the United Kingdom. It (price) has exceeded 20 to 100 per cent in European Union countries . . . It is... »
The government’s top policy makers on power have been briefed about the outcome of meeting the state-owned Bangladesh Power Development Board has recently held with a visiting team of Adani Group to discuss the coal pricing issue under its power purchase deal with the Indian conglomerate. According to official sources on Tuesday, the officials of the BPDB briefed Prime Minister’s Energy Advisor Tawfiq-e-Elahi Chowdhury and other top policymakers about the... »
The government has raised retail power prices by 5 percent, the third hike in less than two months. The new rates will be effective from March billing, according to a notice published by the Power Division on Tuesday. On a weighted average, the prices have increased to Tk 8.24 per unit from Tk 7.25 set for February on Jan 31. Before that, retail power prices were raised by 5 percent... »
The cost of power generation at the 1,320MW Rampal Power Plant is now estimated to be Tk 14-15 per unit, instead of Tk 7-8 per unit estimated when the project was taken up. “The recent hike in coal prices in the global market has pushed up the generation cost. If the coal prices decline, the generation cost will come down rationally,” said Subhash Chandra Pandey, the project director of the... »
The Rampal thermal power plant resumed production on Wednesday night after a month of closure due to a coal shortage. At 11:03 pm on Wednesday a unit of the power plant was restarted, according to Anwarul Azim, deputy general manager of the Bangladesh-India Friendship Power Company Limited. The plant generated 100 MW of power at night, 200 MW in the morning and will move up to 400 MW in accordance... »
State Minister for Power, Energy and Mineral Resources Nasrul Hamid today said that the electricity under the agreement with India’s Adani’s power will come into Bangladesh in the first week of March. “There is no concern about Adani’s electricity import and discussion on Adani’s power is baseless,” he told the journalist at his ministry. Nasrul Hamid said Bangladesh will get the electricity from the India Company at competitive market price,... »
India has said it is not involved in any agreement between the Bangladesh government and Adani Power for procurement of electricity from the Indian conglomerate’s plant in Jharkhand. “I don’t have anything on that. I understand you are referring to a deal between a sovereign government and an Indian company. I am not aware of it. I don’t even think we are involved in this,” said Indian Ministry of External... »