Dhaka Electric Supply Company Limited (DESCo) has proposed to raise the price of power while there are still a lot of allegations of load-shedding and other other quality of service related issues from the consumers. DESCo proposed for a price hike of 6.34 percent in a public hearing session that held at the Bangladesh Regulatory Commission (BERC) on Monday. BERC Chairman Monwar Islam along with the members of BERC namely... »
The joint steering committee of Bangladesh and India has expressed its consent to open the financial quotes (tender) for importing 250 MW of electricity from India. The approval came at the 13th meeting of the joint steering committee from the Indian part of the steering committee that held on Thursday in Dhaka. Dr. Ahmad Kaykaus, the energy secretary of Bangladesh and Ajay Kumar Valla, the energy secretary of India has... »
Dhaka Power Distribution Company (DPDC) has proposed for a power price hike by 6.24 percent on an average in retail power in a public hearing session. The public hearing session held at the BERC office on Thursday in response to the proposals from the state-owned power generation and distribution companies. DPDC Executive Director Golam Mostofa placed the proposal at the public hearing sessoion organized at the TCB bhaban in the... »
The tripped transmission towers of the Ashuganj-Sirajganj transmission line is back in operation again. The transmission line has started its operation again on Wednesday at 1.00 AM after around 4 months of repair. Earlier on 1st May of this year, two towers of Ashuganj-Sirajganj transmission line going across the Mrghna river got damaged heavily due to a storm which resulted in complete disruption of power transmission through the line. However,... »
Bangladesh has asked for a tax rebate in importing power from the neighboring India. The proposal from the Bangladeshi side of the joint working group came about in a meeting that held on Wednesday. According to the recent Indian policy an extra clause was added saying something like- any neighboring nation has to pay a 15 percent tax in importing power from the country, which was absent in the recent... »
Swiss-Swedish engineering group ABB agreed Monday to buy General Electrics’ industrial solutions unit for $2.6 billion euros (2.1 billion euros) in a move to boost its business in the United States. “GE’s global electrification solutions business, GE Industrial Solutions has deep customer relationships in more than 100 countries and an established installed base with strong roots in North America, ABB’s biggest market,” ABB said in a statement. GE Industrial Solutions... »