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Bangladesh government has sought a revision to the power purchase agreement it signed with Adani Power Ltd for importing electricity from its thermal power plant in Jharkhand of India. Bangladesh Power Development Board, the government agency tasked with overseeing the development of the country’s power sector, has already sent a …
Read More »Public hearing on retail power tariff hike proposals begins Sunday
Public hearing on retail power tariff hike proposals will begin at 10 am on Sunday in the city’s BIAM Auditorium. Bangladesh Energy Regulatory Commission (BERC) will hold the hearing on the proposals submitted by 6 state-owned power distribution entities to raise about 20 percent power tariff at the retail level. …
Read More »Oil settles flat, with weekly decline on recession worries
Oil prices were little changed on Friday as the market balanced a weaker U.S. dollar and mixed U.S. jobs reports, but both crude benchmarks ended the first week of the year lower due to global recession concerns. Brent futures fell 12 cents, or 0.2%, to settle at $78.57 a barrel, …
Read More »Bangladesh may adopt Indian model for open-market fuel sales
The government may adopt the Indian experience in fuel import and distribution by the private sector as the government is drafting a policy for open market sales of petroleum fuels. Bangladesh has sought Indian cooperation and experience in open market fuel sales on the local market by private companies. During …
Read More »Oil falls again after last session’s tumble as economic worries grow
Oil edged lower on Wednesday after slumping in the previous session, weighed down by concerns about weak demand due to the state of the global economy. Brent futures for March delivery fell 13 cents to $81.97 a barrel, a 0.1 per cent loss, by 0511 GMT. US crude dropped 28 …
Read More »Introduce smart management system in power grid: Nasrul Hamid
State Minister for Power, Energy and Mineral Resources Nasrul Hamid has urged the officials of the Dhaka Power Distribution Company Limited (DPDC) to introduce a smart management system in their power grid as part of the government’s goal to build a Smart Bangladesh. “Developing human resource and technology-friendly people can …
Read More »Pay at least production cost to get smooth supply of power, gas
Prime Minister Sheikh Hasina yesterday asked businesspeople and industrialists in Bangladesh to at least pay the cost of generating and procuring electricity and gas if they want to avail an uninterrupted supply of energy. “If you want uninterrupted electricity and gas, then you have to at least pay the production …
Read More »Energy security will be ensured facing challenges: Nasrul
State Minister for Power, Energy and Mineral Resources Nasrul Hamid today said energy security will be ensured by facing all challenges through honesty, integrity and dedication. “The energy sector has to deal with new challenges constantly. And it is necessary to address growing challenges through continuous coordinated and joint efforts,” …
Read More »Chevron Bangladesh President Eric M Walker hands over ambulance and assistive devices in Habiganj and Sylhet
Recently, Chevron Bangladesh President and Managing Director, Eric M Walker visited Sylhet and Habiganj where he attended events to support the local community as part of its Social Investment Initiatives. Eric M Walker handed over an ambulance to Sylhet City Corporation at its Jalalabad Gas Field Office, Sylhet, reads a …
Read More »Rampal plant starts supplying power to national grid
Bangladesh’s another mega coal-fired power plant, 2×660 MW Maitree Super Thermal Power Project at Rampal, started supplying electricity to the national grid. The supply began after the newly built Aminbazar-Gopalganj 400KV grid line was made operational. “We are conducting a reliable test of unit-1 and it supplied 400 MW of …
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