Energy Bangla

The Barapukuria thermal power plant is facing an acute shortage of coal—which could lead to eventual shutdown of the plant in Dinajpur. Of the total three, only one unit is presently producing electricity, one has been shut down for an overhaul, and the other remains out of operation due to lack of coal. The power plant requires around 4,000 metric tons of coal daily, to be supplied by the Barapukuria... »

The present government led by Prime Minister Sheikh Hasina gives a total of 2,25,722 electricity connection to rural establishments including households in 961 villages under ten upazilas of the district in last nine years, an official said today. General Manager (GM) at Palli Bidduth Samity (PBS) here Mojibur Rahman said Rural Electrification Board (REB) and PBS Netrakona installed 3,871 kilometers electric lines and four power sub-stations in 961 villages between... »

General Electric reported a drop in second-quarter earnings Friday amid continued headwinds in its power generation division, sending shares sharply lower. The slumping US industrial giant said profits fell to $615 million, down 29.7 percent from the year-ago levels. Revenues rose 3.5 percent to $30.1 billion. GE’s valuation has plummeted over the last two years due to weak market conditions in two of its largest divisions, power, and oil and... »

State Minister for Power, Energy and Mineral Resources Nasrul Hamid today asked all concerned to supply hassle free electricity at consumers level. “Be more cautious about harassment-free electricity supply to the customers,” he said told a two-day General Managers’ conference of Bangladesh Rural Electrification Board (BREB) as the chief guest in the city. The state minister said customers’ satisfaction is the main goal of the government. “Customers can not be... »

Summit, Bangladesh’s largest independent power producer (IPP), has begun power generation at another 149 MW HFO-fueled power plant, Summit Gazipur I Power Limited (also known as Ace Alliance Power Limited) in Kodda on schedule, as assigned by Bangladesh Power Development Board (BPDB) and Power Division of Ministry of Power, Energy and Mineral Resources. With addition of this new power plant, the total generation capacity of Summit now stands at 1,941... »

General Electric has snapped up two major deals in Bangladesh—one with Summit Corporation and the other with the Power Development Board—bringing some good news to the troubled American industrial giant. BPDB has signed a deal with GE to build a 3,600MW LNG-based power plant on the southeastern island of Moheshkhali in Cox’s Bazar. The Switzerland unit of GE will own 30 percent of a joint venture for the power project,... »

Summit Corporation Limited (“Summit”), the largest independent power producer in Bangladesh, today announced that Summit, GE (General Electric Company) and Mitsubishi Corporation would be investing approximately US$3 Billion. This is in continuation with an earlier MoU – signed for a joint venture with Mitsubishi Corporation (on 13th March 2018 in Singapore) in gracious presence of the Honorable Prime Minister of Bangladesh Sheikh Hasina. GE will be investing in equity and... »

Power generation crossed a milestone of 11,000 megawatts for the first time in Bangladesh. The Power Development Board or PDB said Bangladesh generated 11,059MW of electricity around 9pm on Satarday. “Power generation has been increasing for the last few days,” said PDB spokesman Md Saiful Islam. The demand for power generation was also 11,000 MW at that point in time. “This could be load shedding, or technical glitch that caused... »

The Executive Committee of the National Economic Council (ECNEC) today approved the construction of 132/33/11 KV underground grid sub-station in city’s Gulshan area involving Taka 950.97 crore in a bid to ensure reliable power supply in the capital. The approval was given at the new fiscal year’s first ECNEC meeting held at the NEC Conference Room in the city’s Sher-e-Bangla Nagar area with ECNEC Chairperson and Prime Minister Sheikh Hasina... »

The Asian Development Bank or ADB has approved a $500 million credit for Bangladesh to develop an 800 megawatt power plant in Khulna along with associated connections to natural gas and power transmission facilities. In the face of rising demand for energy in the growing economy, the Rupsha power plant will be the “first of its kind in Bangladesh”, ADB Energy Specialist Aziz Yusupov said, according to a statement from... »