As 'subsidy' stands as the main hurdle in talks with the IMF, the global lender has suggested the Power Division to 'reform' the sector and do away with 'subsidy' through revision of fuel and energy prices as per international market
The visiting Member of the German Parliament and Parliamentary State Secretary to the Federal Ministry of Economic Cooperation and Development (BMZ) Barbel Kofler said there will be no fossil future, Bangladesh's challenge of growing need for energy must be met
The Prime Minister office (PMO) asked the Power Division on Sunday to let it know the exact commercial operation date (COD) of 1,320 MW Bangladesh India Friendship Power Company (Pvt) Ltd (BIFPCL) to dispel confusion in this regard.The US$2 billion
Bangladesh is set to ink a fresh deal with India to import 50 MW of electricity from Nepal by December to minimize the nagging power crisis.We would like to import 50 MW of electricity through Bheramara grid line as we
Grid failure, inadequate amount of gas supply and dollar crisis have jeopardized the power sector and pushed the country into deep darkness since Tuesday noon.We produce 9,603 MW of electricity on Saturday against the demand of more than 12,000 MW,
Qatar has rejected Bangladesh's plea for additional supply of LNG to meet its ongoing energy crisis as Bangladesh has desperately been looking for primary fuel at a cheaper rate.Qatar agreed to increase LNG supply from 2025, Bangladesh can get additional
The Bangladesh-India Friendship Power Company (Pvt) Ltd (BIPCL) authority has asked the BHEL, the contractor of the plant, to complete the 'reliability test run' of its first unit by October.The unit-1 has successfully completed test run on August 15 through
The Parliamentary Standing Committee on Power, Energy and Mineral Resources has dropped the idea for inclusion of the indemnity clause from the proposed Bangladesh Oil, Gas and Mineral Corporation Bill-2022.Earlier, the clause 21 read, 'no suit, prosecution or other legal
The Scotland- based Wood Mackenzie has suggested the Petrobangla to link its gas-purchase price with the LNG price in the international market to attract international oil companies (IOCs) to explore hydrocarbon in the Bay of Bengal.The three recommendations are (i)
The Energy Division has begun talks with India's state owned Indian Oil Corporation Limited (IOCL), to sign a long-term agreement to import fuel oil amid current energy crunch.We have already started discussions on importing diesel from IOCL, we can proceed