Power & Energy
Power & Energy
BPC incurs loss at Tk 8 cr daily
Unable to turn around Golam Mostafa Jibon: Bangladesh Petroleum Corporation (BPC) is incurring a daily loss of around Tk 8 crore, which stands at around Tk 240 crore per month due to adverse impact of the ongoing war between Ukraine and Russia. The price of fuel has already broken records…
Read More »Saudi to set up largest solar power plant in Bangladesh
Diplomatic Correspondent: Saudi Arabia’s ACWA Power has signed a non-binding Memorandum of Understanding (MoU) with state-owned Bangladesh Power Development Board (BPDB) to set up a 1000 MW solar power plant in Bangladesh.Welcoming the initiative, State Minister for Power, Energy and Mineral Resources Nasrul Hamid said that the investment and technology…
Read More »BPDB incurs losses Tk 48,000 cr a year
Hike in bulk power tariff may reduce estimated loss by just Tk 5,000 cr Staff Correspondent: The financial loss of the state-owned Bangladesh Power Development Board (BPDB) is likely to increase by Tk 18,094 crore in one year.According to BPDB’s own latest estimates, the financial loss will cross Tk 48,000…
Read More »Private power plant operators cry for unpaid bill worth $2.5 b
Already riddled with crisis Staff Correspondent: The unpaid bills to the private power plant operators have now crossed $2.5 billion as the government has failed to pay since May this year.“Our payments have been cleared until May…For the last 5 months no payment has been received from the government”, Imran…
Read More »Safety guidelines needed to supply gas in cylinder
Industry Desk: Technical committee of Petrobangla recently recommended formulation of separate safety and security guidelines to allow any private company to supply gas through cylinders.The SGCL forwarded the proposals to Petrobangla for the decision. Receiving the proposals, the Petrobangla formed a 4-member technical committee, headed by director (planning) to examine…
Read More »US keen to explore renewable energy in Bangladesh
Staff Correspondent: United States (US) Ambassador Peter Hass yesterday said the American companies are very interested to explore clean and renewable energies opportunities in Bangladesh while Washington DC has been providing support to them in this regard.“We (the US government) will be here and our companies will be here, and…
Read More »Bapex finds 20 mmcf gas at Tobgi-1 well in Bhola
Staff Correspondent: State Minister for Power, Energy and Mineral Resources Nasrul Hamid yesterday said that the state-run Bapex found gas at Tobgi-1 exploratory well in Bhola.“We hope, the country will get 20 million cubic feet (mmcf) gas per day from ‘Tobgi-1’ well and the estimated reserved is 239 billion cubic…
Read More »Saudi assures assistance in commercial supply of LNG to Bangladesh
Diplomatic Correspondent: Saudi Arabia has assured its assistance in commercial supply of Liquefied Natural Gas (LNG) to Bangladesh on an emergency basis.The Saudi assurance came during the 14th meeting of the Joint Economic Commission of the two countries held from October 30 to 31 in its capital Riyadh.The Saudi delegation…
Read More »Cable telephone lost dignity
BTCL becomes a white elephant Special Correspondent: The use of landline telephones has drastically fall in Bangladesh due to the increase of cellular phone in the recent years. Bangladesh Telecommunication Company Limited (BTCL) has become a white elephant. The company has been incurring loss every year and the people has…
Read More »Generator stator installed at unit 2 of RNPP
Staff Correspondent: A generator stator was installed in the turbine hall of unit two of the under-construction Rooppur Nuclear Power Plant (RNPP).According to a message received yesterday, the installation works have been completed by the specialists of the VdMU Branch, part of the Rosatom Engineering Division.“The stator converts mechanical energy…
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Hotels to be converted for Covid hospitals
Hospitals overwhelmed Staff Correspondent: The government is going to rent hotels for providing treatment …
