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Energy News

Apr 4, 2024

Illuminated buildings centring Eid worsen load shedding in Sylhet city amid rising heat

For the past few days, even half of the electricity demand in Sylhet’s urban areas is not being met. As a result, the city dwellers have to brave through hours of blackouts amid a coming excessive heat set for tomorrow, according to weather.com.

Illuminated buildings centring Eid worsen load shedding in Sylhet city amid rising heat

Source: The Business Standard

Apr 3, 2024

Paramount Textile shuts down 200MW power plant

The publicly listed Paramount Textile holds a 49% stake in the power plant Paramount Textile Limited, a subsidiary of Paramount Group, has halted operations of its 200MW power plant following the expiration of its power purchase agreement with the Bangladesh Power Development Board (BPDB).

Paramount Textile shuts down 200MW power plant

Source: The Business Standard

Apr 3, 2024

LPG price cut by Tk 3.34 per kg

The Bangladesh Energy Regulatory Commission (Berc) today lowered the price of liquefied petroleum gas (LPG) by Tk 3.34 per kg, setting the new rate at Tk 120.18 per kg.

LPG price cut by Tk 3.34 per kg

Source: The Daily Star

Apr 2, 2024

PM Hasina wants Russian Rosatom to build another nuclear power plant at Rooppur

The DG of Rosatom gave assurance on behalf of the Russian government on taking back the Spent Nuclear Fuel produced by the first and second units to the Russian Federation and promised to complete all the necessary formalities on time as per the instructions of the prime minister.

PM Hasina wants Russian Rosatom to build another nuclear power plant at Rooppur

Source: The Business Standard

Apr 2, 2024

President asks BERC to explore new energy sources

DHAKA, April 02, 2024 (BSS) - President Mohammed Shahabuddin today asked the Bangladesh Energy Regulatory Commission (BERC) authorities to focus on research for exploring the new energy sources.

President asks BERC to explore new energy sources

Source: The Bangladesh Sangbad Sangstha

Mar 31, 2024

Solar power that once lit up rural homes is dimming

Solar power for homes in Bangladesh, which received widespread appreciation, is losing its lustre as the electricity supply through the national grid expands, virtually ending the growth of solar energy, which illuminated millions of rural households long used to go to sleep shortly after dark.

Solar power that once lit up rural homes is dimming

Source: The Daily Star

Mar 31, 2024

Saudi’s $1.4bn financing to boost Bangladesh’s energy security

A recently signed agreement on a Saudi financing loan for the Bangladesh Petroleum Corporation was expected to boost the South Asian economy’s energy security and reduce pressure on its dollar reserves.

Saudi’s $1.4bn financing to boost Bangladesh’s energy security

Source: The Daily Bangladesh

Mar 28, 2024

WB report: Pollution, unsafe water cause over 272,000 premature deaths in Bangladesh annually

Over 272,000 premature deaths occur in Bangladesh per year due to air pollution, unsafe water, poor sanitation and hygiene, and lead exposure, says a new report of the World Bank.

WB report: Pollution, unsafe water cause over 272,000 premature deaths in Bangladesh annually

Source: The Energy Bangla

Mar 27, 2024

Summit Group's 3 power plants receive nod for further 5 years extension

The power plants, located in Ashulia, Madhabdi and Candina, were set up as independent power plants (IPP) in 2003 under 15 years power purchase agreements (PPAs) with Dhaka Palli Biduyt Samity -1, Narshingdi Palli Biduyt Samity -1 and Cumilla Palli Biduyt Samity -1 of the Bangladesh Rural Electrification Board (BREB)

Summit Group's 3 power plants receive nod for further 5 years extension

Source: The Business Standard

Mar 27, 2024

Capacity payment ballooning with LNG-fired plants also claiming

Bangladesh's maiden Meghnaghat 584mw LNG plant comes first, others in wait

Capacity payment ballooning with LNG-fired plants also claiming

Source: The Financial Express

Mar 27, 2024

A quest for a possible option for the subsidy phaseout

The Ministry of Power Energy and Mineral Resources (MoPEMR) has increased electricity prices starting from February 2024, with adjustments planned to continue over the next three years to end the subsidy burden. The decision aligns with the IMF's conditions linked to a $4.7 billion loan, including the implementation of an automated pricing formula for petroleum and raising electricity and gas prices to reduce subsidies in the power sector by 2026 in six reviews.

A quest for a possible option for the subsidy phaseout

Source: The Financial Express

Mar 27, 2024

China-backed wind power plant goes into full operation in BD

centralized wind power project in Bangladesh that Chinese enterprises have constructed and invested in, was fully put into operation on Sunday.

China-backed wind power plant goes into full operation in BD

Source: The Daily Observer

Mar 26, 2024

Ghorashal Palash urea factory hamstrung for lack of rail link, enough storage

The wind power project, located in Bangladesh’s southeastern Cox’s Bazar district, some 400 km away ...

Read more at: https://www.saurenergy.com/solar-energy-news/bangladesh-wind-plant-built-by-chinese-firm-starts-operation-in-cox-bazar

Ghorashal Palash urea factory hamstrung for lack of rail link, enough storage

Source: The Business Standard

Mar 26, 2024

Saudi Arabia's Islamic Trade Finance Corp to provide $1.4 billion to Bangladesh Petroleum

The financing aims at developing Bangladesh's energy infrastructure

Saudi Arabia's Islamic Trade Finance Corp to provide $1.4 billion to Bangladesh Petroleum

Source: The BD News

Mar 23, 2024

NBR extends duty benefit for Rampal power plant

Other power plants, regardless of ownership, enjoy similar duty benefits

NBR extends duty benefit for Rampal power plant

Source: The Daily Star

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