The survey also highlights a surge in coal power proposals in India, with 11.4 GW of new proposals introduced by both public and private sector entities, the highest since 2016. This includes the revival of several long-stalled projects, indicating a significant shift towards expanding coal power infrastructure. New Delhi: India’s coal power sector saw a significant shift in 2023, adding 5.5 gigawatt (GW) of new coal power capacity, an amount... »
LITTLETON, Colorado, April 4 (Reuters): Coal is on course to overtake natural gas as the primary source of electricity in Bangladesh, worsening regional emissions and complicating global efforts to cut use of high-polluting fossil fuels. Bangladesh power firms more than doubled coal-fired electricity generation in 2023 from 2022 to a record 17 terawatt hours (TWh), data from energy think tank Ember shows. Over the same period, natural gas-fired electricity output... »
The government has announced the new power tariff for bulk consumers raising it by 5% from existing Tk6.70 per unit to Tk7.04 meaning a rise of TK0.34 per unit (each kilowatt hour) with effect from February 1. A gazette notification was issued on Thursday evening. The bulk consumers are mainly the distribution entities and large industries who receive electricity at 33 kV, 132 kV and 230 kV transmission lines directly... »
Citing the reason for “adjustment of subsidies,” the government has raised power tariff up to Tk 0.70 per unit on an average. The new rate will come into effect from February 1. The Ministry of Power, Energy and Mineral Resources on Thursday (February 29) issued a gazette notification in this regard. The notification said that the power price hiked at an executive order of the government. According to the gazette... »
State Minister for Power, Energy and Mineral Resources Nasrul Hamid today said currently, 2,656 megawatt (MW) thermal power is being imported from India. “Currently, 141 thermal power plants with a capacity of 23,159 MW have been installed in the country. Besides, 2,656 MW thermal power is being imported from India,” he said while responding to a supplementary question raised by Mohammad Saiful Islam during the question-answer session at the Jatiya... »
In a bid to materialize its effort to sell domestically produced electricity to third countries, Nepal is finalizing a deal with Bangladesh. In this regard, a Nepali delegation led by Kulman Ghising, managing director of the Nepal Electricity Authority (NEA), left for Bangladesh on Wednesday. “We will finalize the tariff rates at which we will be selling electricity to Bangladesh,” Ghising said. During Prime Minister Pushpa Kamal Dahal’s visit to... »
Some 29 more power generation projects, having a combined capacity of 10,881 MW are now under construction, even as the country struggles to manage the costs of overcapacity to the tune of 40 percent in the power sector. The recently published “Annual Report 2022-23” of the Bangladesh Power Development Board (BPDB)contains information on the under-construction 29 power generation projects. It said, “Diversified fuel-based power generation expansion plans are adopted to... »
The Asian Development Bank (ADB) and the Bangladesh government on Tuesday signed a $160 million loan agreement to help upgrade Dhaka’s power distribution network, enhance its efficiency, and increase energy supply. Md Shahriar Kader Siddiky, secretary, Economic Relations Division (ERD), and Jiangbo Ning, deputy country director, ADB, on behalf of Bangladesh and ADB, respectively signed the loan agreement at a ceremony at ERD in the capital. The ‘Dhaka Power System... »
Prime Minister Sheikh Hasina has inaugurated the channel of the Matarbari Deep Seaport and unveiled the foundation plaque of its first terminal in Cox’s Bazar’s Moheshkhali. The premier travelled to Ramu boarding the first train on the Dohazari-Cox’s Bazar route following the inauguration of the rail link and the train station in the beach city on Saturday. She arrived at the rally organised by the Awami League on the Township... »