Power & Energy

The decision to increase the wholesale price of electricity by 19.92 per cent to Tk 6.20 per unit has raised concerns among businesses who say consumers may soon have to bear the added burden. However, the government has assured that the retail price of electricity will not increase for general …

After submission of a review appeal by state-owned BPDB to raise bulk power tariff, now distribution companies are likely to submit their respective proposals to raise retail power tariff, official sources said. According to a top level source at the Power Division, the Bangladesh Power Development Board (BPDB) will submit …

Prime Minister Sheikh Hasina yesterday called for expediting the implementation of Kuwait’s proposal to set up a petroleum refinery in Bangladesh. She said this while Kuwait Ambassador to Bangladesh Faisal Mutlaq Aladwani called on her at her official residence Ganabhaban. PM’s Press Secretary Ihsanul Karim briefed reporters after the meeting. …

Oil extended declines on Thursday as geopolitical tensions eased slightly and rising numbers of Covid-19 cases in China added to worries over demand in the world’s largest crude importer. Poland and NATO on Wednesday said a missile that crashed inside NATO member Poland was probably a stray fired by Ukraine’s …

European wholesale gas prices have fallen from record peaks reached after producer Russia’s invasion of Ukraine, but energy bills remain sky high despite government help aimed at easing consumers’ pain. In Britain and the European Union, the impact of soaring gas and electricity bills has been cushioned to an extent …

Despite Vietnam’s solar boom and ambitious climate targets, the fast-growing economy is struggling to quit dirty energy — leaving one of the world’s biggest coal power programmes largely intact. During the COP26 climate summit last year, the government boldly promised to end the construction of new coal plants and phase …

Just a month before the Group of Seven rich countries plan to cap the price of Russian oil, officials are racing to finalize details, leaving traders, shippers and insurers with questions about the price level and how it will work. Officials from the United States and its G7 allies plan …

Following the strict rules and regulations, a new and modern training centre was established to train operating personnel for Rooppur Nuclear Power Plant (RNPP) at Ishwardi, Pabna. “Bangladeshi personnel will be trained in specialized classrooms and other facilities with state-of-the-art equipment,” Director General of Rosatom State Corporation Alexey Likhachev said. …

Bangladesh has planned to import 5.46 million (54.6 lakh) metric tons of petroleum for 2023. Of these bulk petroleum, some 3.860 million (38.60 lakh tons) is refined petroleum while the remaining 1.6 million (16 lakh) MT is crude petroleum. The Cabinet Committee on Economic Affairs (CCEA) in a meeting, with …

The government should take no electricity no pay policy now, said Khondaker Golam Moazzem, research director of the Centre for Policy Dialogue (CPD). He spoke in a media briefing on slowdown in global economy and challenges for Bangladesh, organised by the CPD at its office in Dhaka today. The measures …