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Energy News

Sep 17, 2024

Germany to provide €1 billion support over 10 years for renewable energy: Environment adviser

Both countries will promote knowledge exchange and cooperation with non-state actors like the private sector, research institutes, academia, and civil society

Germany to provide €1 billion support over 10 years for renewable energy: Environment adviser

Source: The Business Standard

Sep 16, 2024

Energy adviser looks for Swiss partnership in renewable energy, advanced technology

Swiss Government collaboration in the areas of advanced technology and renewable energy has been sought by Power, Energy, and Mineral Resources Advisor Muhammad Fouzul Kabir Khan. Additionally, he extended an invitation to Swiss businessmen to invest in Bangladesh’s development and growth.

Energy adviser looks for Swiss partnership in renewable energy, advanced technology

Source: Apparel Resources

Sep 15, 2024

Govt should mend loopholes in energy import for rental power

RENTAL power plants, set up as an emergency measure under an indemnity law to resolve power shortage soon after the Awami League had assumed office in 2009 that ended in a permanent arrangement to drain the state exchequer by channelling public money into private pockets through capacity charge payment, have not only been a great burden to the economy. The owners of the plants, mostly the ones that run on furnace oil, have also spread their tentacles to use policy loopholes to earn even more.

Govt should mend loopholes in energy import for rental power

Source: New Age

Sep 14, 2024

600MW power outage can be cured overnight

Operating six idle HSFO-based power plants under 'No-Electricity, No-Payment' arrangement holds the key

600MW power outage can be cured overnight

Source: The Financial Express

Sep 14, 2024

Power, Energy Division struggling to pay arrears

The Power, Energy and Mineral Resources Division is now struggling to make payments to Independent Power Producers, power exporters, LNG suppliers - both long-term and spot sellers - against purchases due to a brewing currency crisis that poses a risk of halting supplies, said sources

Power, Energy Division struggling to pay arrears

Source: The Daily Observer

Sep 14, 2024

Power producers make wicked profits

Bangladesh spent 20 per cent extra in the overall import of furnace oil for power generation during the tenure of the immediate past Awami League government thanks to the loopholes tucked away in the policy to benefit private companies.

Power producers make wicked profits

Source: New Age

Sep 14, 2024

How should Bangladesh deal with Adani’s $800m outstanding bill?

The controversy surrounding Adani's Godda power plant has spread in Bangladesh as well as abroad. The Adani Group has reportedly been requesting the interim government of Bangladesh to clear outstanding dues of around $800 million on their electricity sales.

How should Bangladesh deal with Adani’s $800m outstanding bill?

Source: The Daily Star

Sep 13, 2024

Barapukuria Thermal Power Plant resumes production, supplying electricity to national grid

Meanwhile, the 125 MW capacity Unit-2 has been completely non-functional since the beginning of the year

Barapukuria Thermal Power Plant resumes production, supplying electricity to national grid

Source: The Business Standard

Sep 13, 2024

Overdue LNG import bills surpass $600m

The government is up against a $607 million debt for imported liquefied natural gas (LNG), including gas purchased from the US energy company Chevron.

Overdue LNG import bills surpass $600m

Source: The Business Standard

Sep 12, 2024

Cancellation of LNG projects, moratorium on coal demanded

Civil society members, particularly green activists, on Thursday announced their expectation from the chief adviser — a set of 16 reformation in the power and energy sector.

The green campaigners sought a moratorium on the use of coal and that the Integrated Energy Power Master Plan be amended to drop from the plan the idea of building more coal-based power plants.

Cancellation of LNG projects, moratorium on coal demanded

Source: New Age

Sep 12, 2024

Reformation to power, energy sector: BWGED places 16-point proposals

Bangladesh Working Group on Ecology and Development today proposed 16-point proposals for reforming the power and energy sector to ensure good governance, transparency and sustainable development to the sector.

Reformation to power, energy sector: BWGED places 16-point proposals

Source: The Daily Star

Sep 12, 2024

Greening the future: Path to a sustainable economy for Bangladesh

A green economy offers an alternative by emphasising the efficient use of resources, lowering emissions, and fostering social equity. This is critical not only to mitigate climate change but also to create economic opportunities that are resilient and inclusive, especially for vulnerable populations who rely on natural resources for their livelihoods

Greening the future: Path to a sustainable economy for Bangladesh

Source: The Business Standard

Sep 12, 2024

Greening the future: Path to a sustainable economy for Bangladesh

A green economy offers an alternative by emphasising the efficient use of resources, lowering emissions, and fostering social equity. This is critical not only to mitigate climate change but also to create economic opportunities that are resilient and inclusive, especially for vulnerable populations who rely on natural resources for their livelihoods

Greening the future: Path to a sustainable economy for Bangladesh

Source: The Business Standard

Sep 11, 2024

Bangladesh seeks $3b from ADB, WB

Bangladesh could get $3 billion in budgetary support under an Asian Development Bank (ADB) and World Bank (WB) arrangement for energy and power sector reforms and the upcoming status graduation from a least developed country (LDC) to a developing nation in 2026.

Bangladesh seeks $3b from ADB, WB

Source: The Daily Star

Sep 11, 2024

Getting the basics right

Traditional sources of fuel have been outdated for a long time now

Getting the basics right

Source: Dhaka Tribune

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