West Bengal Chief Minister Mamata Banerjee has offered export of up to 1,000 MW of electricity to Bangladesh during her meeting with Prime Minister Sheikh Hasina. “We have surplus power in West Bengal and since Bangladesh needs power for her economic growth, we can give power to Bangladesh,” Mamata told journalists after meeting Sheikh Hasina with Indian PM Narendra Modi and President Pranab Mukherjee. Bangladesh is receiving 500MW electricity from... »
Bangladesh has been importing 100 MW of electricity from Tripura of India since 31st March of the last year and 60 MW of more electricity is likely to be imported soon from there as well. The cabinet committee on public purchase has approved the proposal of importing 60 MW of electricity from Tripura in a meeting that held at the secretariat on Wednesday. The committee also approved seven new oil-fired... »
India is likely to lend an amount of $3.57 billion to Bangladesh for the development of this country’s power sector. The loan agreement is likely to be signed in the Prime Minister’s next visit to India. Four more Memorandum of Understandings (MoU) regarding the country’s power sector are expected to be signed as well in the Bangladeshi Prime Minister’s upcoming visit to India. Out of this $3.57 billion borrowed money,... »
Twenty-sixteen saw a “dramatic” decline in the number of coal-fired power stations in pre-construction globally. The authors of a new study say there was a 48% fall in planned coal units, with a 62% drop in construction starts. The report, from several green campaign groups, claims changing policies and economic conditions in China and India were behind the decline. However, the coal industry argues the fuel will remain essential to... »
The draft of the loan agreement on installing the Rampal Power plant got approved at the board meeting of Bangladesh-India Friendship Power Company Limited (BIFPCL) on this Wednesday. However, the final loan agreement which was meant to be inked yesterday with the Indian Exim Bank is yet to be signed. Earlier, the draft got approved by the ministry of finance and the power division. The draft just got passed from... »
Ten new oil-fired power plants having an accumulated capacity of 1,000 MW are about to be installed in different parts of the country, among which most are awaiting approvals from the cabinet committee on the public purchase. Bangladesh Power Development Board (BPDB or PDB) has selected the responsible companies to install those power plants each having an average capacity of 100 MW. According to the related sources, proposals of 7... »