13h ago| Diplomacy

Energy storage key to reaching “decarbonisation” goals: EU envoy

Ambassador and Head of Delegation of the European Union to Bangladesh Charles Whiteley today said energy storage is a key instrument to reach Bangladesh's ambitious "decarbonisation" goals to ensure a reliable and uninterrupted power supply for all.

16h ago| Energy

Bangladesh to get power from Adani as per deal: Nasrul Hamid

Electricity will be purchased from India's Adani Godda Power Plant as per the Power Purchase Agreement (PPA), said Nasrul Hamid, the state minister for power, energy and mineral resources.

18h ago| Business

Idcol to get €140.5 million from German bank

The Infrastructure Development Company Limited (Idcol) is all set to get €140.5 million from German Development Bank Kreditanstalt fur Wiederaufbau (KfW) -- €41 million for energy efficiency and €99.5 million for renewable energy projects.

1w ago| Energy

PDB's losses in 2022-23 likely to jump up by 80% after gas price hike

The financial loss of the state-owned Bangladesh Power Development Board (PDB) is likely to cross Tk 54,000 crore in the current fiscal after the hike in the price of gas increased their input cost.

1w ago| Business

Titas posts 13% dip in profits

State-run Titas Gas Transmission and Distribution Company Ltd yesterday said its profit dipped 13 per cent year-on-year in the first six months of 2022-23 fiscal year, despite it posted higher earnings in the second quarter.

1w ago| Business

Business leaders to sit with PM to review gas, power prices

The business leaders are scheduled to sit with Prime Minister Sheikh Hasina soon to review gas and power prices, as they are facing difficulties because of the high prices of the two, Commerce Minister Tipu Munshi said today.

December 13, 2022
December 13, 2022

Electricity, fuel oil prices will be adjusted with open market: Nasrul Hamid

The price of electricity and fuel oil will be adjusted with the open market, Nasrul Hamid, state minister for energy, said today.

December 11, 2022
December 11, 2022

‘Hydrogen-based power generation to help reduce carbon emission’

Bangladesh has started hydrogen-based power generation, which will play an important role in reducing carbon emissions, Bangladesh Power Development Board Chairman Mahbubur Rahman said today.

December 6, 2022
December 6, 2022

'Govt’s goal is to ensure electricity at affordable prices'

Prime Minister’s Energy Advisor Dr Tawfiq-e-Elahi Chowdhury said government's goal is to ensure access to uninterrupted power at an affordable cost by using clean energy..He made the remarks while addressing a discussion titled, “Investing in Green Energy Transition: Partnership Opportunit

December 4, 2022
December 4, 2022

Govt hikes LPG price

Consumers have to pay Tk 46 more for a 12kg-LPG cylinder as the Bangladesh Energy Regulatory Commission today raised the LPG price to Tk 108.09 from Tk 104.26 a kg.

December 3, 2022
December 3, 2022

Europe can't look to US shale to fill any OPEC gap

US shale oil drillers turned from scrappy wildcatters into multi-millionaires over the past two decades, propelling the United States to become the world's largest producer, but now they are running out of runway.

December 3, 2022
December 3, 2022

Gas price hike a blessing for Bangladesh: Nasrul Hamid

Terming gas price hike a "blessing in disguise" for Bangladesh, State Minister for Power, Energy, and Mineral Resources Nasrul Hamid today said the government is now getting offers for deep-sea exploration.

December 1, 2022
December 1, 2022

Ordinance issued allowing adjustment of electricity, gas prices without hearing

Electricity and gas prices can now be adjusted without a public hearing after President Abdul Hamid today issued an ordinance amending the Bangladesh Energy Regulatory Commission (BERC) Act-2003.

November 29, 2022
November 29, 2022

Saudi firm signs deal with BPDB to set up 1000 MW solar power plant

Saudi Arabia’s ACWA Power has signed a non-binding Memorandum of Understanding (MoU) with state-owned Bangladesh Power Development Board (BPDB) to set up a 1000 MW solar power plant in Bangladesh.

November 28, 2022
November 28, 2022

Ashuganj’s new power unit adds 420MW to national grid

Commercial production of electricity has started at the Combined Cycle Power Plant in Ashuganj of Brahmanbaria.

November 27, 2022
November 27, 2022

Nat’l grid to get 8m cubic feet of gas from tomorrow

Sylhet Gas Fields Ltd (SGFL) is set to supply up to eight million cubic feet of gas to the national grid daily from an abandoned gas well at Sylhet’s Beanibazar upazila tomorrow after concluding workover at the well..The state-owned company recently discovered fresh gas reserves at the aba