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.
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.
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.
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.
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.
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.
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.
‘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.
'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
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.
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.
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.
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.
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.
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.
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