Power & Energy

Power Division or any distributing entity will not take responsibility if any accident occurs when city corporations or municipalities illegally connect their networks to electricity lines. Such a warning was issued by the Power Division through a Facebook post today, mentioning an incident in the West Zone Power Distribution Company …

Prime Minister’s Energy Adviser Tawfiq-e-Elahi Chowdhury has said the dependence on imported liquefied natural gas (LNG) will continue some more time as there is no immediate possibility of gas exploration from the country’s offshore areas. “So, the government has taken initiative to set up more floating storage and re-gasification units …

Indian businesses want to invest in energy, transport and agro-processing sectors in Bangladesh, Commerce Minister Tipu Munshi said yesterday. Besides, Adani Group has proposed to invest Tk 4,500 crore in Bangladesh, he said. The minister spoke from his residence in Rangpur while sharing the outcome of Prime Minister Sheikh Hasina’s …

State-run Bangladesh Petroleum Exploration and Production Company Ltd (BAPEX) started drilling a workover well in Biyanibazar gas field on Saturday to reinitiate gas production from the well after five years. “We have initiated drilling of Biyanibazar-1 well today (Saturday) in search of a new gas zone some 3,200 metres beneath …

whopping 158 billion euros ($158 billion) in energy exports in the six months following its invasion of Ukraine, with the EU accounting for more than half, a think tank said Tuesday. The Centre for Research on Energy and Clean Air called for more effective sanctions against Moscow after the invasion …

Renewable energy resources turned out to be the second cheapest source of electricity, after gas, in the 2021-22 financial year, according to Power Development Board data. In the past financial year, the cost of each unit of electricity generated by renewable energy — mainly solar power — in private plants …

Asia coal price has skyrocketed to a new record amidst signs of a further price hike next year which is ominous for Bangladesh to be locked into energy crisis already crippling the country. High liquefied natural gas and diesel prices have already compelled Bangladesh to suspend electricity production at many …

Bangladesh’s entrepreneurs have made a lot of advancements in building their capacity to make lighting products and accessories for residential and industrial use. Today, more than a dozen of local lighting solutions providers, assemblers and manufacturers produce a good range of energy-efficient LED (light-emitting diode) lights, thanks to duty benefits …

The number of filling stations that dispense liquefied petroleum gas (LPG), also known as Autogas, is on an upward trend across the country as consumption is growing amid government efforts to cut dependency on compressed natural gas (CNG) and fuel oil. According to station operations, the number of LPG filling …

Oil prices fell more than $1 on Wednesday to their lowest since before Russia invaded Ukraine as COVID-19 curbs in top crude importer China and expectations of more interest rate hikes spurred worries of a global economic recession and lower fuel demand. Brent crude futures fell $1.08, or 1.2 per …