Power & Energy
Power & Energy
Production halted at Shahjalal Fertilizer Company for over four months now, racking up losses over Tk 500 crore
Sylhet Correspondent: The largest state-owned fertilizer factory in Sylhet, Shahjalal Fertilizer Company Limited (SFCL), has ceased production for four months now, caused by a gas shortage. The production halt costs the government approximately TK 4.5 crore daily. Neither factory authorities, nor the government, are able to provide any specific date…
Read More »India-Bangladesh development partnership: City street light system modernization project in Chattogram
Staff Correspondent: In a significant milestone for India-Bangladesh relations, a contract was signed on July 6, 2024, in Chattogram for the modernization of the city street light system in the Chattogram City Corporation area. The project is being funded through a concessional Line of Credit from the Government of India,…
Read More »BRI contributes to power sector development
Industry Desk: Driving towards Payra Port, Bangladesh’s third-largest port, a 220-meter high cooling tower can be seen standing tall within the plant area from a distance. This plant area is home to Bangladesh’s largest power station, a 1,320 MW ultra-supercritical coal-fired power plant. Previously, Bangladesh faced a power supply gap…
Read More »IPPs to get Tk 28,000 cr as capacity charge
In FY 2023-24 Zarif Mahmud: Capacity charges for power plants installed in the private sector including rental-quick rental and IPPs (Independent Power Producers) are increasing every year. Expenditure in this sector will increase by more than 57 percent in the upcoming financial year. Although at that time more than half…
Read More »Story of meter readingand electricity bill
Staff Correspondent: No work is done in government office without bribe. But you have to go to various government offices to get various services. It was once said that corruption will be reduced only by increasing the salaries of government officials. Then the salary was increased. Now, rather, the rate…
Read More »Private power plants making huge profit
Even under new conditions Mahfuz Emran: In March 2012, the 100 MW rental power plant installed in Zulda of Chittagong came into production. Acorn Infrastructure’s contract for the center extends for another five years at the end of the first phase. After this, the profit of the company in the…
Read More »BPDB lost electricity demand in Chittagong
47pc of electricity remain unutilized: CPD Zarif Mahmud: Bangladesh Power Development Board (BPDB) has lost consumers demand in Chittagong despite having huge industrial units in the division. Chittagong witnessed almost 43 percent of industrial units but the electricity demand stands at only 1447 MW daily. Sources told that most of…
Read More »BPC struggles to account for loss
Despite huge profit Zarif Mahmud: Bangladesh Petroleum Corporation (BPC) may make a loss of over Tk 10,000 crore in the current financial year, as projected during the formulation of the budget. However, the Ministry of Finance said that the company will have a net profit of more than Tk 3,800…
Read More »Ghost electricity bills hampering public interest
Staff Correspondent: State Minister for Electricity, Energy and Mineral Resources Nasrul Hamid said that sometimes ghost bills can happen due to technical and non-technical reasons. He said that various steps have been taken to ensure that the electricity bill is appropriate.Nasrul Hamid gave this information in the national parliament.Nasrul Hamid…
Read More »Shortage in energy focus on electricity
Factories able to utilize only 40 pc of capacity due to lack of gas Mohiuddin Farazi: Energy crisis has been going on in the country for several years. New gas connection to houses closed due to lack of gas. Factories are utilizing only 40 to 50 percent of their production…
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