Energy Bangla

The cabinet has finalized a draft Memorandum of Understanding (MoU) to exchange power within the member countries of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC). The draft of the MoU titled ‘Understanding for Establishment of the BIMSTEC Grid Interconnection’ got its approval on last Monday, in a cabinet meeting chaired by the Prime Minister Sheikh Hasina held at the secretariat. After the meeting the Cabinet... »

The Bangladesh Power Development Board (BPDB) will offload 10 per cent of its total stake in Dhaka Electric Supply Company (DESCO), according to Dhaka Stock Exchange (DSE). A declaration posted on the website of the premier bourse said the shares would be offloaded as per ‘instruction’ from the government. The BPDB is a corporate sponsor of the DESCO which was listed on the stock markets in 2006. “As per Government... »

Mehedi Hasan Miraz, the newest tiger and future star of the Bangladesh National Cricket team is already bestowed with so many gifts after his recent stunning performance against England; Now Rural Electrification Board (REB) has initiated electricity connection on last Saturday to his grandfather’s house, also his birthplace which is situated in Auliapur village in Bakerganj, Barisal. Miraz’s grandfather Denser Ali Hawlader is no more but his grandmother Jobeda Bibi... »

Power plants throughout the country have been failing to generate enough electricity for the past couple of days resulting power outages in all over the country. It’s been raining now and the demand of power is relatively lower yet, the distribution companies are failing to meet the current demand of power, causing severe load-shedding in the country. It has become somewhat trendy for the recent times, accusing the distribution systems... »

Ten private power companies are taking about Tk 113.33 crore every month in rental charges at a rate which is about 95 per cent of the charges they have realised during the original contract period for their 15 rental power plants. Monthly rental charge is given to the private power suppliers by the state-run Power Development Board in addition to the power tariff to enable them to realise the investment... »

The Power Division once again is riding on a turtles back and falling short to fulfill the Annual Development Program’s (ADP) goal. Most of the projects out of total 31 ADP projects for this fiscal year have not started yet. The power division was allotted by 1 thousand and 5 hundred 94 thousands BDT in the fiscal year of 2016-17. However, the division hardly managed to spend 2 lacs41 thousands... »

Electricity generation from 13 public sector power plants having the combined capacity of 2,543 megawatts has dropped to only 916 MW due to gas crisis. A supply shortage of the fossil fuel has affected the power sector severely, forcing the government to renew its deal with costly fuel-based rental and quick rental power plants. Bangladesh Power Development Board (BPDB) secretary Mina Masud Zaman officially informed the Power Division about the... »

Tariff negotiation meeting between Power Division and Adani Power Ltd, the Indian business conglomerate, ended inconclusively on Thursday. Power Division Secretary and the Adani officials failed to reach a conclusion as Adani insisted on capacity charge and all other facilities offered to IPP project although it was an issue of power import, a Power Division official told. “They also raised the issue of investment,” the official added. However, the committee... »

South Asian countries should engage more in cross-border electricity trade by exploring the largely untapped resources, which will not only lighten the whole region but also improve people’s standard of living, say experts. Regional electricity trade can help countries save over $9 billion annually, while regional carbon emissions would go down by 8 percent, Syed Munir Khasru, chairman of the Institute for Policy, Advocacy, and Governance (IPAG), said at a... »

Bangladesh and China have signed 27 deals and a few Memorandum of Understandings (MoU) during the Chinese President Xi Jinping’s visit here on Friday. Amid this bulk of agreements, 4 deals and a single MoU were signed on the country’s Energy and Power sector. The deals on the country’s Energy and Power sector were signed at the Prime Minister’s Office on Friday in Presence of the Prime Minister Sheikh Hasina... »