Energy News
Sep 10, 2024
Power cut for 19hrs in villages, 5hrs in cities
Cities suffered an unprecedented spell of power outage on Tuesday, over five hours at a stretch, as barely 12,500MW of electricity on average was produced, using 45 per cent of the country’s installed power generation capacity.

Source: New Age
Sep 9, 2024
Interim govt nods to 40MW hydropower from Nepal
The interim government has approved the initiative to import 40 megawatts of hydroelectric power from Nepal to Bangladesh, a project that was undertaken during the ousted Sheikh Hasina-led government in June this year.

Source: The Business Post
Sep 9, 2024
Green activists propose 16 reforms in power sector
Bangladesh Working Group on Ecology and Development sent an open letter to chief adviser Muhammad Yunus on Sunday recommending a set of 16 changes in the energy and power sector for ensuring good governance and eliminating corruption.

Source: New Age
Sep 9, 2024
Beximco writes to CA urging security for country's largest solar plant
The group, owned by businessman Salman F Rahman – who served deposed prime minister Sheikh Hasina as her private industry and investment adviser – stated that if the plant is damaged, it will not be possible for the company to repay the loan instalments taken through Sukuk bonds

Source: The Business Standard
Sep 8, 2024
PHP launches solar power generation initiative
PHP Family – a leading industrial conglomerate in Bangladesh – is planning to add a new dimension to the country’s solar energy sector. The company has taken an initiative to generate its own electricity by installing solar panels on the roofs of its textile and steel mills.

Source: The Business Post
Sep 7, 2024
Cancellation of Mujib Climate Prosperity Plan demanded
Climate rights activists on Saturday at a press conference in Dhaka demanded the cancellation of the Mujib Climate Prosperity Plan 2022-2041, National Adaptation Plan 2023-2050 and reformation of the Bangladesh Climate Change Trust Fund.

Source: New Age
Sep 6, 2024
No easy answer to energy sector's problems
At a recent seminar titled "Challenges in Reforms in Energy and Power Sector" on September 4, two of the country's leading energy sector experts, BUET Professor Dr. Tamim and Dr. Ijaz Hossain spoke. Dr. Ijaz presented the key note paper in which major issues plaguing the energy and power sectors were discussed - how we got into this mess and what reforms could be initiated to start the journey on the road to recovery.

Source: The Financial Express
Sep 4, 2024
Gas theft worth $1b per year citing ‘system loss’: Experts
Irregularities and corruption in the country’s power and energy sector resulted in an average of $1 billion in annual gas theft over the years 2020, 2021 and 2022, with these losses showing up as “system loss.”

Source: The Business Post
Sep 3, 2024
Asian govts urged to accelerate energy transition
The two-day energy finance conference of the US-based Institute for Energy Economics and Financial Analysis began in Kuala Lumpur on Tuesday with a call on the governments of Asian countries to accelerate energy transition to get rid of costly and unreliable fossil fuels.

Source: New Age





