State Minister for Power, Energy and Mineral Resources Nasrul Hamid, MP, today said the power sector is needed to increase quality services by thinking out of the box. “We have to be motivated…. we have to work for the welfare of the country and people. It is essential for the newly appointed officers to expand their thoughts with new innovative ideas,” he made the remarks at the inaugural ceremony of... »
Power Secretary Dr Sultan Ahmed on Sunday said that extension of time for allowing delayed payment of electricity bills without surcharge is now under consideration. He made the disclosure while briefing reporters through a videoconference about the outcome of the investigation into issuing inflated electricity bills by different power distribution companies. Earlier, the household electricity consumers were allowed to pay their delayed bills of February, March and April until June... »
The country’s biggest 660 MW Payra coal-fired power plant has remained shut for the past couple of weeks following its commercial operation of only five days. The first unit of the Payra thermal power plant went into commercial operation on May 14 and continued it till May 19 before going for closure, according to statistics of Bangladesh Power Development Board, or BPDB. Before its closure, the power plant was in... »
State-run power distribution companies will not impose any surcharge on electricity bills payments for the months of February, March, April and May due to coronavirus pandemic. State Minister for Power and Energy Nasrul Hamid gave the information while speaking to journalists at his secretariat office on Sunday, the first day of resumption of works after 66-day nationwide shutdown. The payments of the due bills must be paid by June 30.... »
The commercial commissioning of the first unit of the country’s largest coal-fired Payra Power Plant project in Patuakhali has officially started at 5.30pm Thursday. Due to pandemic situation, the station started operation without any publicity. With this, country’s power generation capacity reached to 19,630 megawatts (excluding captive power). AM Khurshedul Alam, acting managing director of the Bangladesh-China Power Company Limited (BCPCL), the project implementing company, confirmed it. The unit with... »
Summit has closed USD 140 Million (equivalent to BDT 1,190 Crore) as long-term financing from Clifford Capital Pte. Ltd. (“Clifford Capital”) of Singapore and Sumitomo Mitsui Banking Corporation (“SMBC”), Japan’s second largest bank for Summit Gazipur II Power Limited (300 MW). This is a milestone in Bangladesh’s international investment and financing as Summit is the first Independent Power Producer (IPP) to receive financing from international commercial institutions. Previously most of... »