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... »
The 13th Joint Steering Committee (JSC) meeting in power sector cooperation between Bangladesh and India is scheduled to be held on September 27-28 to explore new areas and opportunities in developing the power sectors in both the countries. During the next round of talks between the two countries, a slew of MOUs worth $ 1 billion is likely to be inked, according to power sector sources. “Bangladesh-India power projects have... »
Suffering of people in sultry weather has intensified with frequent power cuts across the country in recent days. Shortage of power supply coupled with technical glitches in power transmission as well as distribution system have been causing power cuts by four to five times a day in urban areas including Dhaka while the frequency and duration are sometimes more than double in the rural areas, said officials of Power Development... »