Government's subsidy for liquefied natural gas (LNG) procurement is set to surge 27.27 per cent year on year to Tk 70 billion in FY2024-25, starting from today (Monday).

Prime Minister Sheikh Hasina has said that the rising demand for electricity is a natural consequence of the country's economic progress and the increased capabilities of its citizens.

DHAKA, June 27, 2024 (BSS) - State Minister for Power, Energy and Mineral Resources Nasrul Hamid today said automation programmes must be implemented on priority basis to ensure energy security in the country.

The country is facing serious challenges to ensure fuel and energy supply as debt-dependent "finance management system" makes foreign trade fragile, which also affected countrys other important imports due to high expense of fuel imports, experts opined.

A good quality inverter can help efficiently convert and manage solar energy, allowing excess power to be sent back to the grid, said Rezwan Khan, executive director of the Institute for Advanced Research.

Amid US sanctions on Russian banks, Bangladesh is seeking alternative transaction methods to settle $587 million in overdue interest, commitment fees, and late fines on Russian loans for the Rooppur Nuclear Power Plant Project.

Bangladesh has been working to increase the use of renewable energy in its energy mix. State Minister for the Ministry of Power, Energy and Mineral Resources Nasrul Hamid, MP considers that Bangladesh needs coordinated initiatives and major investment to make green energy transition. He confirms that ‘efforts to provide clean electricity to businesses are continuing through net metering systems, rooftop solar, import of hydropower and increased use of energy efficient appliances’. The minister informed further that solar power projects constituting 12,000 MW is currently at different stages of government approval.

Foreign secretary Masud Bin Momen paid a courtesy call on deputy minister of energy of Azerbaijan and chief executive officer (CEO) of the COP 29 (Conference of the Parties to UNFCCC) Elnur Sultanov Friday.

The supply of electricity from Adani Group's coal-fired power plant at Godda in Jharkhand, India, has been halted completely, exacerbating the power crisis in Bangladesh.

Bangladesh is facing an acute gas shortage as one of the two floating LNG terminals in the Bay of Bengal suffered damages due to the aftershock of cyclone Remal.

RAJSHAHI, June 4, 2024 (BSS)- Students and development activists at a sit-in-demonstration at Rajshahi University campus today unequivocally called for a full-length implementation of the ‘Mujib Climate Prosperity Plan’ for the successful promotion of climate-resilient energies.

World Environment Day is celebrated every year on the 5th of June and aims to raise awareness and celebrate environmental action. On the eve of World Environment Day 2024, today, 4th June, the Environment Safe Guard and Development Society (ESADS), Coastal Livelihood And Environmental Action Network (CLEAN), and Bangladesh Working Group on Ecology and Development (BWGED) jointly organized a diversified campaign mobilization in Narayanganj City

Bay of Bengal Power Company, a joint venture between the Bangladesh Power Development Board (BPDB) and China Huadian Hong Kong Company Limited is set to establish a 160MW solar power plant in Moheshkhali, Cox's Bazar.

In Kathmandu, The Business Standard recently spoke to Ram Krishna Khatiwada, a former Commissioner at the Electricity Regulatory Commission of Nepal, who was involved in the negotiations between the countries

Environment, Forest and Climate Change Minister Saber Hossain Chowdhury on Saturday said that if Bangladesh's agricultural irrigation pumps are converted to renewable energy, it could save 5,000MW of electricity.