Energy Bangla

Indian conglomerate Shapoorji Pallonji Group has signed an agreement with Bangladesh Power Development Board to supply electricity for 22 years. Its subsidiary, Nutan Bidyut (Bangladesh) Ltd, will supply electricity from its 220MW dual-fuel power plant to be set up at Bhola by December 2019, according to a handout provided at the contract signing ceremony in Dhaka today. As per the power sales contract, the electricity will cost 3.9830 US cents... »

The parliamentary standing committee on power, energy and mineral resources has questioned the disparity in rates the government is charging for 10 different plants currently under construction in Bangladesh. The ministry has submitted a report which cites differences in land prices, logistics, transport cost, engine capacity as reasons behind the ‘unmatched rates’. Costs of placing transmission line, transport cost, varied rates of fuel and generator are among some other reasons... »

As part government’s moves to increase the ratio of renewable energy in the country, Bangladesh Power Development Board (BPDB) will sign a contract today with privately owned Intraco Solar Power Limited for procuring 30 megawatt (MW) solar electricity. BPDB Director (public relations) Saiful Hasan Chowdhury told that the agreement to this effect would formally be inked at a ceremony at Bidyut Bhaban in the city. He said the government, with... »

The price of electricity is being adjusted again. Bangladesh Energy Regulatory Commission (BERC) is going to make public announcement for this.The public hearing will begin on September 25 in the BERC office.BERC member Mohammad Aziz Khan confirmed the matter.He told Energy Bengal, The hearing for the companies to increase the price of electricity. After hearing, the BERC will take a decision to fix the new price of electricity. In February,... »

Bangladesh has got an opportunity of importing electricity from China as the country has recently proposed a 3,000 MW power export to Bangladesh from Kunming, the capital of its southwest province Yunnan. According to the proposal of China, Bangladesh may import the electricity directly from Kunming using Myanmar as a transit route. Bangladesh is also expecting to import gas and electricity from Myanmar along with constructing a trans-border electric grid... »

Finance Minister Abul Maal Abdul Muhith today expressed his hope that development work at Moheshkhali Island will increase financial and job security with the construction of a 1,200-MW Matarbari power plant. “The government has undertaken initiative to construct the coal-fired plant having 1,200-MW generation capacity alongside development of Moheshkhali in Cox’s Bazar,” he said while addressing a post-contract event in a city hotel as the chief guest. Prime Minister’s Energy... »

The Cabinet Committee on Purchase on Wednesday cleared the Power Division’s proposal for purchasing 1,788MW of electricity from nine private companies through 10 unsolicited deals. “The government will spend Tk 1,40,532 crore during the contract period spanning from five to 10 years,” said an official statement issued here after the cabinet body meeting with Finance Minister AMA Muhith in the chair. As per proposal, Power Development Board to buy 800MW... »

The state-owned Coal Power Generation Company Bangladesh Ltd (CPGCBL) finalised a major deal for constructing the country’s largest ever coal-fired power plant in Matarbari, Cox’s Bazar. “We signed the EPC (Engineering Procurement and Construction) contract on July 27 with Japanese firm Sumitomo Corporation, Toshiba Corporation and IHI Corporation for constructing 1,200-megawatt Matarbari Coal-Fired Power Plant,” Managing Director of CPGCBL Md Abul Quasem told. He said a post-contract event will be... »

The government has waived stamp duty amounting to Taka 571.39 crore for the under construction of 1320 megawatts thermal (MWt) power plant at Payra in Patuakhali. Stamp duty on the registration of all documents signed between the project implementing agency the Bangladesh-China Power Company Limited (BCPCL) and land owners has been waived, said the Internal Resources Division (IRD) in a circular recently. The government has taken the decision exercising powers... »

Summit Power International Pte. Ltd. (“Summit” or the “Group”), the Singapore incorporated power producer, today announced collaborations to develop USD$1 Billion of gas-to-power generation and an offshore liquefied natural gas (“LNG”) import terminal. IFC, a member of the World Bank Group, has been engaged as the lead arranger for financing to develop the Meghnaghat II natural gas based combined cycle power plant. Upon completion, Summit will have a total installed... »