Energy Bangla

A joint venture (JV) of Japanese Mitsui and Company Ltd and Malaysian IMDB Energy Group Berhad (IMDBE) has proposed to set up a coal-fired power plant at Matarbari in Cox’s Bazar having capacity to generate 1200MW of electricity. The JV has submitted an expression of interest (EOI) before the Coal Power Generation Company of Bangladesh Limited (CPGCBL) recently. The JV company has also shown interest to set up the power... »

Indian firm Shapoorji Pallonji Infrastructure Capital Company Private Limited (SPICCPL) has offered electricity at 3.8431 cents per unit to Bangladesh after implementing a 150-225MW gas-fired combined cycle power project in Bhola under unsolicited deal. In a proposal, SPICCPL has sought 3.8431 cents per unit of electricity from after implementing the project on Build, Own and Operate (BOO) basis. LANCO Infrastructure, another Indian firm that earlied inked deal to implement the... »

Rural Electrification Board (REB) launched a new service on Thursday at the Munshiganj Palli Buddut Samity to provide “on the spot” power connection whenever an intending household consumer applies for electricity. REB Chairman Brig Gen Moin Uddin told the Daily Observer, “To achieve the goal ‘power for all by 2020’ we are providing electricity connection randomly. Now we started the programme on spot power connection aiming to cover as much... »

Prime Minister Sheikh Hasina today told the Jatiya Sangsad that the government has undertaken various multipurpose projects for generating electricity to bring all citizens under the power coverage by 2021. “We will be able to reach electricity to all households by 2021 through our coordinated programmes in the power and energy sector,” she said, while replying to a question from treasury bench member MA Hannan. Sheikh Hasina said the government... »

A survey conducted by the Bangladesh Bureau of Statistics shows that nearly 89 per cent people were satisfied over the power supply to households in 2014 compared to that of 2008 and 2009. The BBS conducted the perception survey on Electricity Supply 2014 based on data collected in the past winter — between January 22 and 29 of the year 2015 — when the incidents of power cuts become negligible... »

Sheikh Hasina said this in a joint statement released after what she described as “a very fruitful bilateral talks” with visiting Indian Prime Minister Narendra Modi on Saturday. The Bangladesh leader said new deals and protocol and the flagging off bus services were “examples of their commitment to seamless connectivity across the region”. “The signing of the Coastal Shipping Agreement, the renewal of the Trade Agreement and the Protocol on... »

The government has signed a memorandum of understanding (MoU) with two Indian companies for generating 4,600 megawatt (MW) electricity for meeting the power requirement and ensuring the energy security of the country. Bangladesh Power Development Board (BPDB) has signed the MoU with Indian Reliance Power Limited and Adani Power Limited to generate 4,600MW electricity by setting up separate power plants at the country’s suitable location. State Minister for Power, Energy... »

Asian Development Bank, International Finance Corporation, and Islamic Development Bank, will sign loan documents on 2nd June to provide USD 210 million financing to Summit Bibiyana II Power Company Limited (SBIIPCL), a company set up by Summit Industrial and Mercantile Corporation (Pvt.) Limited (Summit), and GE Energy, LLC (GE), for a 341 MW gas based power plant in Sylhet. The tenor of the loan is approximately 14 years. The direct... »

Bangladesh Steel Re-rolling Mill (BSRM) has obtained the country’s first merchant power plant licence to produce and sell electricity at negotiated tariffs to private-sector clients. “We issued BSRM merchant power plant licence last week to promote further private sector’s participation in the country’s potential power sector and install new plants,” Bangladesh Energy Regulatory Commission (BERC) member Dr Selim Mahmud told the FE on Sunday. Under the licence, BSRM will build... »

Summit Group has revealed plans to raise $1 billion from the country’s stock market to implement more power plant projects in the coming days. “Our next step is to collect $1 billion from the local stock market as equity for future green field power plant projects,” Ayesha Aziz Khan, finance director of the Summit Group, said Thursday while briefing reporters about the state of implementation of the two large base... »