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.

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).

Source: The Business Standard
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.

Source: The Business Standard
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.

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.

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.

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)

Source: The Business Standard
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.

Source: The Financial Express
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

Source: The Business Standard






