Concreting of the inner containment dome of the reactor building has started at the unit- 2 of the Rooppur Nuclear Power Plant (RNPP). According to a message received on Saturday, the work is being carried out by the TrestRosSEM, a branch of the Rosatom Engineering Division. “The final stage of …
Read More »Oil prices fall but inflation stays high
Oil prices have dropped by a quarter since June and could fall further if a nuclear deal is reached with Iran as it would bring more crude to the market, yet inflation remains stubbornly high. Crude prices soared to $140 per barrel in early March after Moscow invaded Ukraine, raising …
Read More »Govt resumes power generation at diesel-fired plants
The government has resumed electricity generation from diesel-fired power plants to improve the power supply situation from next month. “We have already started generating electricity from diesel-fired plants. It will help boost power generation significantly,” State Minister for Power and Energy Nasrul Hamid said. He informed the power producers have …
Read More »Govt to launch fresh offshore bidding round in December
The government will invite the offshore bidding round 2022 in December to explore oil and gas in the Bay of Bengal. Petrobangla Chairman Nazmul Ahsan disclosed the plan in an exclusive interview with the Daily Sun. “We have already assigned an international consultant, Wood Mackenzie, to review the existing model …
Read More »Diversified energy sector need of the hour
Prime Minister’s energy advisor Dr Tawfiq-e-Elahi Chowdhury has urged officials to work towards building a diversified energy sector. “Creative solutions have to be taken up for resolving the problems in the power and energy sector,” he said, while addressing a webinar, titled ‘Diversified Energy, Enriched Future’, organised by the Energy …
Read More »Fuel prices equal to India, lower than other neighbouring states
Even after the latest hike in fuel prices in Bangladesh it is equal to India and comparatively lower than the other neighbouring countries, said Information Minister Hasan Mahmud, reports UNB. He made the remark Saturday at a seminar marking Sheikh Kamal’s 73rd birth anniversary at Dhaka University. Hasan Mahmud said …
Read More »India-Bangladesh OIL Pipeline: Development works now 90pc complete: officials
Diesel imports from Numaligarh Refinery Limited in India’s Golaghat district to an oil depot in Parbatipur upazila of Dinajpur will likely begin at the end of the year if the India-Bangladesh Friendship Pipeline is completed on time, according to project officials. Md Tipu Sultan, project director of the nearly 130-kilometre …
Read More »Fuel price hike to have a negative impact on economy: Dhaka chamber
The increase in gas price in June and the fuel price hike on Saturday will have an immediate negative impact on transportation, essential commodities and electricity, said the Dhaka Chamber of Commerce and Industry (DCCI) today. On Saturday, the government raised the price of diesel and kerosene by 42.5 per …
Read More »Costlier fuel to hit farmers hard
The government move to increase the price of diesel by a high margin has caught many farmers off guard. A number of producers said they did not even believe that the government could hike the price of diesel, used mainly for tilling, irrigating and threshing paddy, the main food crop, …
Read More »No load shedding from October, Nasrul Hamid hopes
Authorities are hopeful that uninterrupted power supply across the country will be possible from October, State Minister for Power, Energy and Mineral Resources Nasrul Hamid said today. “The measure is temporary. The Power Division thinks it will come out of the load-shedding gradually from the next month,” he said while …
Read More »