The government is set to purchase 500 MW of electricity from under construction Banskhali Coal Power Plant from June 13, owned by Bangladeshi conglomerate S Alam Group and SEPCO III Electric Power Construction Corporation along with HTG Development Group, China,
The proposed budget has no direction to ensure primary fuel supply of the country or to take proper measure to increase gas output in future days as there is no plan or directives to improve the situation, energy expert, former
The Foreign Exchange Control Authority of China has withdrawn the ban on the China National Machinery Import and Export Corporation (CMC), the coal suppliers to Payra power plant as per request of the Bangladesh government.In April 2023, China's foreign exchange
The government has proposed a record increase in subsidies for the power sector in the draft FY24 budget although it has increased the price of gas, fuel, and electricity by 15 per cent and 137 per cent respectively in recent
Bangladesh is set to kick off soon the much-awaited hydro power import from Nepal as India agreed to facilitate the plan by giving a green signal for using the Bheramara Grid Station for electricity evacuation from Nepal to the country.The
Bangladesh and Nepal will sit today at Payra in Patuakhali to discuss the way forward to enhance private sector's cooperation in energy and power sector for mutual benefit.We have enormous potentials of hydropower, our IPPAN, Independent power producers' Association are
Prime Minister Sheikh Hasina, the line minister of Energy, Power and Mineral Resources will sit with the Energy Division officials for the final review of the draft Model Production Sharing Contract (PSC)-2023 on May 16.The Energy Division has already okayed
Foreign Minister of Nepal NP Saud to arrive in Dhaka on May 14 to discuss various matters of mutual interests including the expansion of bilateral trade, development of multimodal transport and connectivity networks, improved transit facilities and promotion of investments
The Asian Development Bank (ADB) has said that it experienced physical losses worth billions of US dollars due to climate-related events in 2020 alone in Asia and the Pacific, however, the region faced a disaster loss of $67 billion during
The Chinese Foreign Exchange Control Authority has imposed an embargo on CMC (coal supplier) on coal import by Bangladesh-China Power Company (PVT) Ltd, known as Payra 1244 MW power plant as it failed to pay US$298 million coal importbill for