Power & Energy

Staff Correspondent: The project for developing an optical-fibre cable network to enable the fifth generation (5G) telecom services in the country has been delayed by months due to the malpractices of the recently suspended BTCL managing director, said sources.The much-awaited 5G project had fallen into trouble since former BTCL managing…

Very poor dividend declared Staff Correspondent: Out of 23 companies listed in the power and energy sector, 12 companies have declared dividend for the financial year ending June 30, 2023. Out of which the dividend of 7 companies decreased, 1 increased and 4 remained unchanged.The companies whose dividend has decreased…

Staff Correspondent: State Minister for Power Nasrul Hamid said that 36 projects are being implemented with foreign investment. About Tk 121,675 crore are being spent on the implementation of the projects.The state minister said these things in response to a question by Awami League member Mohammad Habib Hasan during the…

Mahfuja Mukul: Electricity demand in the country is now 14 to 14.5 thousand megawatts per day. A major part of this is coming from India’s Adani Power Limited. 1200-1400 MW daily electricity is coming from the 1600 MW coal-based plant. However, according to the agreement, Bangladesh Power Development Board (BPDB)…

5 more to be closed soon Mahfuja Mukul: Almost half of the gas-fired power plants are sitting idle due to acute gas crisis. There is no possibility of increasing gas supply in the coming days. But the Power Development Board (PDB) has set a target of bringing five more gas-fired…

Staff Correspondent: More than two-thirds of the total power generation capacity will remain idle this coming winter, as more power is added to the national grid from the private sector pushing up the capacity payment obligation of the government.It comes at a time when already the government’s outstanding bills to…

Rooppur power plant Staff Correspondent: With the establishment of the Rooppur nuclear power plant, Bangladesh will become the 33rd nuclear power-using country in the world. The uranium to be used to fuel the power plant arrived in Bangladesh by special flight on Thursday. Yesterday it was transported under heavy guard…

–Contractor won’t take any responsibility-Finance Dept gives Tk 4346 cr guarantee-No local insurer agrees to guarantee risk Mahfuz Emran: The nuclear fuel for the Rooppur Power Plant is importing without any insurance coverage, which is scheduled to arrive in October. The highly risky nuclear fuel will carry by road from…