Energy News

34 roads in Dhanmondi will get underground lines It will cost Tk350 crore

Cabinet Committee on Government Purchase in a meeting on Wednesday approved a number of proposals including setting up three solar power plant projects in the private sector from which the state-owned Bangladesh Power Development Board (BPDB) will purchase electricity.

The country's power generation capacity will rise by 4,817 megawatts by this year, thanks to new power plants, says a report of the energy and power ministry.

The Bangladesh Independent Power Producers Association (Bippa) has also sought penalty interest for delayed bill payments by the government.

“The ISA should be a center of innovative technology to support the expansion of solar power,” he said

Berlin-based climate research institute Mercator Research Institute on Global Commons and Climate Change (MCC) has released a new study indicating that, in the last decade, the cost of solar power has dropped by 87 percent, and the cost of battery storage by 85 percent.

"LPG is sold at a price of Tk100-200 more than the price government fixed. Monitoring will be increased from then on. Licenses of dealers will be revoked if necessary," State Minister for Power, Energy and Mineral Resources Nasrul Hamid said

Ocean-based renewable energy resources represent the fundamental pillars of sustainable blue growth due to their inexhaustible and renewable nature. As the world grapples with the escalating demand for diminishing and ecologically harmful fossil fuels

China has released $4.45 billion for 35 projects under the Belt and Road Initiative in the last 10 years.

The coal-based Rampal power plant was shut down for four days this week because of a technical problem before it resumed operations on Monday.

Due to a price increase in the international market and complications in the opening of LCs, the payment of fuel oil is being delayed, said a Bangladesh Petroleum Corporation (BPC) report.

Faisal Khan, president of the Bangladesh Independent Power Producers' Association, told this to S&P Global Commodity Insights.

State energy-corporation Petrobangla gets in a two-pronged financial crunch as power plants and fertilizer factories have defaulted on payments in local currency.

The September high sulfur fuel oil (HSFO) import volume will be nearly 29% lower compared with September 2022, when the country imported around 350,000 mt HSFO

The floating unit will be installed in two reservoirs covering 109 and 95 acres, while the ground-mounted unit will be installed on 448.17 acres of land.