Power & Energy

The National Board of Revenue has extended the tax exemption facility till 2036 to the private sector power generation companies which will go into commercial operation between June 30, 2024 and June 30, 2025. The income tax wing of the revenue board on Tuesday issued a gazette notification in this …

Bangladesh Power Development Board on Thursday evening received 450 megawatts of power on test basis from Indian Adani Group’s subsidiary Adani Power. ‘Last 12 midnight, Bangladesh received 450 MW initially, which was increased to 750 MW,’ said Md Shamim Hasan, director public relations of Bangladesh Power Development Board. He said …

Petrobangla has initiated a move to bring an end to the existing monopoly of a particular foreign company in its pre-paid gas metering system. “We’ve already received the government’s policy approval to allow battery-run pre-paid gas meter,” Petrobangla Chairman Zanendra Nath Sarker told UNB recently. According to official sources, a …

Bangladesh Power Development Board (BPDB) has renewed its power purchase agreement (PPA) with PowerPac Mutiara Keraniganj Power Plant Limited for its 100 MW rental plant in Keraniganj for next two years, reports UNB. FE The signing ceremony took place at the boardroom of BPDB, Biddut Bhaban in the capital on …

State Minister for Power, Energy and Mineral Resources Nasrul Hamid said Bangladesh-India Friendship Pipeline will contribute effectively to energy security. “It will be a milestone in providing fuel to the northern region of the country quickly, uninterruptedly and in a cost-effective manner,” he said while inspecting the progress of the …

The government has approved the purchase of another shipment of liquefied natural gas (LNG) from the international spot market, the fourth since February, to ramp up electricity production ahead of Ramadan and the summer season. The cabinet committee on purchase, during a meeting yesterday, approved the procurement of 33.60 lakh …

South Korean ambassador to Bangladesh Lee Jang-keun has visited the project site in Matarbari Coal-powered Plant to observe the work being done by 75 Korean engineers and to encourage them. He was briefed on the progress by project managers, listened to the challenges faced by the South Korean firm POSCO …

Welding of the main coolant pipeline (MCP) has been successfully completed in the reactor building of Unit 2 at Rooppur Nuclear Power Plant (NPP). According to Rosatom, the Russian Contractor of the Rooppur NPP, the entire process of joining, welding, and heat treatment of 28 weld joints took 60 days. …

Cash-strapped Bangladesh asked Saudi Arabia for extended credit on oil supplies, Dhaka’s foreign ministry said, as the South Asian nation grapples with dwindling foreign exchange reserves. Saudi Arabia supplies more than half of Bangladesh’s crude imports, but Bangladesh has been hit hard by the global surge in energy and food …

The government has resumed purchasing liquefied natural gas from the spot market ending more than six months suspension since its price went up in the global market. A cabinet committee on government purchases on Wednesday approved a proposal from the energy division to import one cargo of LNG from the …