Power & Energy
Power & Energy
Line of cars getting longer at pumps
Gas crisis turns to a severe Staff Correspondent: In front of the National Press Club of the capital on Wednesday afternoon, a young man named Lutfar Rahman asked the driver of a CNG-powered auto-rickshaw if he would go to Karwan Bazar. Driver Rabiul said, he will not go.After waiting for…
Read More »Gas reserves to be zero in 5-yr!
If new well not found The capacity of the fields under Chevron is over. Gas extraction from these fields can be stopped at any time Mahfuz Emran: Almost 70 percent of the natural gas reserves of the country have utilized so far and the rest 30 percent will be finished…
Read More »Debt of Pyara power plant increased by 7pc even after payment
Zakir Mahmud Salim: The amount of loan taken for the construction of Payra power plant is $1.984 billion. China Exim Bank has to pay high interest rate for this loan under tough conditions. Last year the international rate of interest SOFAR (Secured Overnight Financing Rate) increased almost three times. This…
Read More »Production costs in Payra increased 3-time in 3-yr
Zakir Mahmud Salim : The first unit of Payra power plant started production in December 2020. After the commissioning of the second unit in May 2021, power generation started at full speed at the plant. In that fiscal year, the cost per unit of power generation at Payra power plant…
Read More »Interest to be adjusted by increasing electricity price
Rabiul Haque : The government is unable to pay the subsidy due to cash crunch. A huge amount of bills of power plants have become due. Recently the repayment of the liability has been deferred for some time through the issue of special treasury bonds against the subsidy money.The government…
Read More »Two pvt power plants crying for gas connections
Zarif Mahmud : At Meghnaghat in Narayanganj, Summit and Unique Group have built three gas-based power plants with a capacity of about 2,000 MW. Although these power plants were ready about six months ago, they could not go into commercial production due to lack of gas supply. Production will start…
Read More »Competition on among pvt power plants
Getting smooth gas supply Mahfuz Emran : The private power producers are in the competition to get fulltime, required gas supply from the government gas transmission and distribution companies at any means and ways. Most of them are getting highest amount of gas supply managing the officials of the gas…
Read More »Power prices increased by 183 pc in 15 years
Mahfuz Emran: The average production cost of electricity has quadrupled in 15 years. This push of cost increase could not be met by subsidies. For this reason, the price of electricity has been increased. Last March, the price of electricity increased at the consumer level. And bulk power prices were…
Read More »Fertilizer-electricity liability to be paid by issuing bonds
Enayet Karim: Due to the cash crunch, the government has taken the initiative to meet the subsidy liability of fertilizers and private sector power plants through bonds. The Ministry of Finance has already sent a letter to the Ministry of Industry and the Power Department seeking to know the amount…
Read More »Closed 15 PDB power plants incurred loss of Tk 1,335 cr
Mahfuz Emran : The renovation of third unit of Ghorashal power plant started in 2020, which is not yet completed. The center was closed almost the whole time during last financial year. On the other hand, 862,500 MW of electricity is supplied from outside to the 260 MW capacity plant…
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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 …
