HEADLINE
Shahnaj Begum
9 power plants of AL time operating sans tariffs or PPAs: Power Div The interim government identified that nine power plants, including the 1,320 MW Bangladesh-India Rampal coal-fired plant and 1,320 MW RPCL-Norinco Patuakhali coal-fired plant, have been operating without approved tariffs or Power Purchase Agreements (PPAs).These plants, with a combined generation capacity
Shahnaj Begum
Power Div seeks addl Tk 3,287.89cr from Finance DivThe Power Division has requested an additional Tk 3,287.89 crore from the Finance Division for the payments to IPPs and for imported electricity.This projected loss is Tk 3,894.04 crore higher than the loss recorded in FY 2023-24, according to data
Shahnaj Begum
Chevron seeks access to onshore gas Blocks-11,12   earmarked for BAPEX Chevron wants a formal access from the Ministry of Energy and Mineral Resources to develop the onshore gas Blocks-11 and 12 in northeastern Bangladesh earmarked for the state-owned Bangladesh Petroleum Exploration and Production Company Ltd (BAPEX).Javier La Rosa, Chevron's newly
Shahnaj Begum
Dhaka kicks off 2nd round of negotiations with USTR on tariffBangladesh has kicked off the second round of negotiations with the United States Trade Representative (USTR) on the agreement on reciprocal tariffs from Wednesday to Friday, putting the utmost effort for a positive outcome.Bangladesh is among the first countries to
Shahnaj Begum
Bangladesh begins second round of tariff talks with USTRBangladesh has kicked off the second round of negotiations with the United States Trade Representative (USTR) on the agreement on reciprocal tariffs from Wednesday to Friday, putting the utmost effort for a positive outcome.Bangladesh is among the first countries to
Shahnaj Begum
BPC seeks $2.5 billion from AIIB to build ERL Unit-2 The state-owned Bangladesh Petroleum Corporation (BPC) is seeking $2-2.5 billion in funding from the Asian Infrastructure Investment Bank (AIIB) to implement the refinery expansion project-Eastern Refinery Ltd (ERL) Unit-2.Recently, the BPC announced that they would construct Eastern Refinery Limited (ERL)
Shahnaj Begum
Govt to review contracts with IPPs to do  away with capacity payment provisionThe government has announced that it has initiated a review of contracts with Independent Power Producers (IPPs) to eliminate capacity payment clauses-provisions that obligate the government to pay for power generation capacity even when no electricity is actually supplied to
Shahnaj Begum
Bangladesh to scrap costly 'capacity payments' in power dealsThe government has announced that it has initiated a review of contracts with Independent Power Producers (IPPs) to eliminate “capacity payment” clauses—provisions that obligate the government to pay for power generation capacity even when no electricity is actually supplied to
Shahnaj Begum
BPDB , Adani Power to sit for settling coal tariff disputeTo resolve the ongoing coal tariff dispute, Bangladesh Power Development Board (BPDB) and Adani Power Ltd agreed to hold a high-level in-person meeting without fixing any date.These are the outcome of our meeting on June 23, it was a virtual
Shahnaj Begum
Power import from Nepal now turns uncertain The fate of importing 500 megawatts (MW) of electricity from Nepal's 900MW Upper Karnali Hydropower project is hanging in the balance as government is set to scrap the accord as it has decided to suspend all agreements under the Special
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