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
The 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
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
Bangladesh 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
Bangladesh 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
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)
The 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
The 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
To 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
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