Power & Energy
Power & Energy
Power sector incurs loss of Tk 2400 cr as tax in source
Zarif Mahmud : A power distribution company has to pay tax at source at the rate of 6 percent while paying for power purchase. The electricity department claims that they have to pay a loss of Tk 2,400 crore every year due to this tax. For this, the organization has…
Read More »Unpaid electricity bill stood at Tk 60,000cr
Syed Nasir Hossain: At the end of last January, the amount of unpaid bills for electricity imports from India including government and private power generation companies, Adani, stood at around Tk 60 thousand crores.In this situation, with the aim of uninterrupted power supply during irrigation and summer season, the electricity…
Read More »Cheap coal now PDB’s burden
Power plant owes Tk 25,000 cr Zarif Mahmud : Japan’s public aid agency JICA funded the electricity master plan in 2010. That plan called for 40,000 megawatts of electricity generation by 2030, more than half of which would come from coal-fired plants. As per the plan, 17 power plants have…
Read More »Electric buses will ply on Dhaka roads
Targets to avoid pollution Mahfuz Emran : As more fossil fuels are burned, carbon emissions increase. Due to this, there is a ban on vehicles burning fossil fuel i.e. coal, petrol, diesel in different countries of the world. For example, Glasgow, Scotland has banned all fossil fuel vehicles. Instead, there…
Read More »Blue hydrogen more harmful than fossil fuel
Industry Desk : By 2050, the government wants to set up more than 22,000 MW of hydrogen-based power generation capacity. But the plan would go against the country’s climate goals, a new study has found. Studies have shown that blue hydrogen is more harmful than fossil fuels in terms of…
Read More »PDB’s outstanding bill stands at Tk 59,507cr
Farhad Chowdhury : The amount of outstanding bills in the electricity sector is increasing. At the end of the last financial year, the outstanding electricity bills of public and private centers and imported from India were Tk 21,481 crores. At the end of September of the current financial year, it…
Read More »Capacity charge poses risk to consumers
More power plants than demand Zarif Mahmud : The government is increasing the production capacity compared to the demand of electricity. As a result, regular capacity charges have to be paid even if power is not purchased from installed power plants. The cost of power generation is increasing. Energy experts…
Read More »Solar power unit price Tk 11 in Bangladesh
But Tk 3.5 in India Staff Correspondent : In July last year, tenders were invited for solar power plant projects with a total capacity of 2,000 MW in India. Six companies have got the power plant construction work by participating in the tender called by the country’s state-owned Solar Energy…
Read More »BPC incurs loss of Tk 125 cr for Meghnaghat Power plant
Zarif MahmudBangladesh Petroleum Corporation (BPC) controls the import, refining and marketing of petroleum fuels in the country.BPC bought the same diesel at a lower price from the 335 MW Summit Meghnaghat Power Company Limited (SMPCL) after four years at Tk 40 per liter more.On the other hand, these off-spec diesel…
Read More »Petrobangla incurs huge losses in dealing gas
Mahfuj Emran : Petrobangla has started making losses at an alarming rate in the energy sector. In the last month of August, where the operating profit was Tk 32.85 crore, in September, it made a loss of Tk 103.99 crore. Operating profit has decreased by Tk 71.14 crore, which is…
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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 …
