Nepal’s Ambassador to Bangladesh Ghanshyam Bhandari has highlighted the growing economic engagements between Bangladesh and Nepal, and shed light on the progress achieved in sectors such as trade, connectivity, energy, and tourism, among others. Referring to the first-ever flow of 40 MW hydroelectricity from Nepal to Bangladesh, he underscored that energy cooperation provides mutual benefits not only to the two countries but also to the entire South Asia region. The... »
Most of the buildings at the Bangladesh Secretariat, the nerve centre of the country’s administration, have had their power supply disconnected after a massive fire broke out in the early hours of Thursday. The electricity connection had not been restored as of 1:15pm on Thursday. Official work was disrupted as there was no electricity for almost ten hours. Staff and officers were seen entering the Secretariat but leaving again as... »
SINGAPORE, Dec 17 (Reuters) – Bangladesh’s electricity imports from an Adani Power (ADAN.NS), opens new tab plant in India fell by nearly a third in November, Indian government data showed, pushing the south Asian nation to boost fuel oil use for power generation. Adani abruptly slashed supply to Bangladesh from its 1,600 megawatt power plant in Jharkhand state last month following a dispute over dues. It had signed a 25-year... »
Bangladesh wants to sharply lower prices under a power purchase deal with India’s embattled Adani Group unless it is cancelled by a court, which has called for an investigation into the 25-year deal, its de facto energy minister told Reuters on Sunday. Adani Group founder Gautam Adani is already facing allegations by U.S. authorities that he was part of a $265 million bribery scheme in India, charges he has denied,... »
Government has promulgated an ordinance on Saturday night repealing the Quick Enhancement of Electricity and Energy Supply (Special Provision) Act 2010. Earlier, on Thursday the Advisory Council approved the law and president promulgated the ordinance repealing the Act. On November 20, the Advisory Council endorsed the policy and gave the final approval to promulgate the “Quick Enhancement of Electricity and Energy (Special Provisions) (Repeal) Ordinance, 2024”. Although the law has... »
15 November, 2024: Electricity generated in Nepal will now reach Bangladesh via the Indian grid, marking the first trilateral power transaction. Power, Energy and Mineral Resources Md Fouzul Kabir Khan, Haryana Chief Minister and Indian Minister for Power, and Housing and Urban Affairs, Manohar Lal Khattar; and Dipak Khadka, Nepal’s minister of Energy, Water Resources and Irrigation jointly inaugurated the historic milestone in regional energy cooperation. This landmark development strengthens... »
The High Court (HC) on Thursday declared the immunity provision in Section 9 of the Quick Enhancement of Electricity and Energy Supply (Special Provision) Act-2010 as “illegal and unconstitutional.” The HC bench of Justice Farah Mahbub and Justice Debashish Roy Chowdhury passed the rule. On September 2, the court issued a rule questioning the legality of the immunity provision in Section 9 of the act. Senior lawyer Dr Shahdeen Malik... »
Adani Power has warned Bangladesh that it will switch off power supply to the country if there is no resolution on the payment of nearly $850 million in outstanding dues by Nov 7. The company had previously set a deadline of Oct 31 for the Bangladesh Power Development Board (BPDB) to clear the dues and open a $170 million letter of credit (LC) to secure payments, according to a report... »