Energy News

The Maitree Super Thermal Power Project under Indian Concessional Financing Scheme loan of $1.6 billion, features 1320MW (2x660) Super Thermal Power Plant (MSTPP) located in Rampal in Khulna Division.

Bangladesh’s total renewable energy capacity stands at 1,194MW. Bangladesh has the potential to generate approximately 11,000 megawatts peak (11GWp) of electricity from floating solar photovoltaics, a recent study has found.

Bangladesh's crucial polls stand in the way of an overdue overhauling of US-based Excelerate Energy's floating storage and regasification unit (FSRU) as the government tries for a holdback again to ensure increased natural gas supply ahead of the general election.

The fifth consignment of uranium, the nuclear fuel for the Rooppur Nuclear Power Plant, has arrived in Pabna's Rooppur under a special security arrangement. A convoy carrying uranium entered the project area around 9:25am on Friday.

1) ADB invests Tk17,016 crore
2) World Bank invests Tk9,367 crore. State Minister for Power Nasrul Hamid has said that the Power Division is implementing foreign investment projects of Tk1,21,675 crore through 36 projects.

Bangladesh will purchase liquefied natural gas (LNG) from Excelerate Gas Marketing Ltd Partnership, a subsidiary of Excelerate Energy, under a 15-year contract from 2026.

1) €350m for climate action investments
2) €39m for renewable energy projects. Three loan and grant agreements were signed among Bangladesh, the European Investment Bank (EIB), and the European Commission (EC) involving €407 million to support the renewable energy sector of Bangladesh in Belgium.

Dipal Barua lauds govt's attitude towards renewables. Two more solar power plants with a total generation capacity of 310 megawatt in Jamalpur and Munshiganj are set to get approval soon, officials have said.

The government is going to approve the establishment of two more solar power plants in a late flurry for renewable energy. The 130-Megawatt plant will be set up at Gajaria upazila in Munshiganj.

The Centre for Policy Dialogue (CPD) hosted the webinar styled 'Opportunities and Challenges for Overseas Investment in the Renewable Energy Sector of Bangladesh: The Case of China'.

Despite an understanding among Bangladesh, Nepal, and India, the state-owned Bangladesh Power Development Board (BPDB) still cannot import electricity from the Himalayan nation, reports UNB. On August 28 this year, State Minister for Power, Energy, and Mineral Resources Nasrul Hamid had said that the import of hydropower from Nepal was almost final.

Government will import one more liquefied natural gas (LNG) cargo from international spot market in November.
State-run Rupantarita Prakritik Gas Company Ltd (RPGCL) has already received tender to purchase one spot LNG cargo for November 12-13 delivery after getting fresh approval from government high-ups, a senior Petrobangla official told the FE Sunday.

Its investment is $500m, 2 new power plants to earn $1.55b.Japan’s Energy For a New Era, a partially government-owned Japanese power company, pocketed about $200 million in capacity charge since investing less than $500 million in Bangladesh four years ago, revealed a report released by Bangladesh Working Group on External debt on Saturday.

The HSFO import volume for October 2023 is anticipated to be less than half of what it was in the same month in 2022. Bangladesh will import 20% less high-sulphur fuel oil (HSFO) in October due to a shift in power generation sources to coal and cooler temperatures, according to a report by S&P Global Commodity Insights.

A study by the think tank reveals that the renewable energy sector is expected to grow its workforce from 4,472 to 13,778 jobs. Renewable energy workforce will grow from 4,472 to 13,778; Fossil fuel-based power will lose 400 jobs from 17,050; Renewable energy will grow from 1,194MW to 6,000MW; Electricity generation will reach 28,975MW by 2030