Global energy prices drop, non-energy inch up in January

According to World Bank’s Pink Sheet, a monthly report that monitors commodity price movements
8 February 2023, 14:52 PM

Govt to import LNG for power generation from spot market: PM

The government must import LNG at a high price from the spot market
8 February 2023, 14:23 PM

Bangladesh to require $30b in 5 years to implement power masterplan: Nasrul

A smart power and energy master plan are needed for a smart Bangladesh, said the state minister
7 February 2023, 15:13 PM

‘Bangladesh expects power supply from Adani on time’

Bangladesh expects to start getting electricity from the power plant built by Adani Group in Jharkhand’s Godda as per schedule, Tawfiq-e-Elahi Chowdhury, energy affairs adviser to Prime Minister Sheikh Hasina said yesterday.
7 February 2023, 08:42 AM

Energy storage key to reaching “decarbonisation” goals: EU envoy

Ambassador and Head of Delegation of the European Union to Bangladesh Charles Whiteley today said energy storage is a key instrument to reach Bangladesh's ambitious "decarbonisation" goals to ensure a reliable and uninterrupted power supply for all.
5 February 2023, 16:12 PM

Bangladesh to get power from Adani as per deal: Nasrul Hamid

Electricity will be purchased from India's Adani Godda Power Plant as per the Power Purchase Agreement (PPA), said Nasrul Hamid, the state minister for power, energy and mineral resources.
5 February 2023, 12:49 PM

Idcol to get €140.5 million from German bank

The Infrastructure Development Company Limited (Idcol) is all set to get €140.5 million from German Development Bank Kreditanstalt fur Wiederaufbau (KfW) -- €41 million for energy efficiency and €99.5 million for renewable energy projects.
5 February 2023, 11:06 AM

Power from Adani plant to Bangladesh may be delayed: reports

The start of power supply from the embattled Adani Group's thermal power station in Jharkhand's Godda district, from where electricity is supposed to be transmitted to Bangladesh, may be delayed, Indian media reported today.
5 February 2023, 06:47 AM

Fuel price hike could have been avoided: Wahiduddin Mahmud

Bangladesh would hardly have needed to go for a sudden hike in fuel prices last year had the government waived value added tax (VAT) on petroleum, Eminent Economist Wahiduddin Mahmud said today.
4 February 2023, 10:17 AM

LPG price goes up by Tk 22.15 per kg

Price of Liquefied Petroleum Gas (LPG) has been substantially hiked by Tk 22.15 per kg to Tk 124.85 from the previous price of Tk 102.70 for the month of February.
2 February 2023, 10:48 AM

Power Lines to Bangladesh: PIL filed against Adani Group at Calcutta HC

An Indian civil rights group has moved the Calcutta High Court against the installation of transmission lines by an Adani Group-owned power plant that will bring electricity to Bangladesh.
1 February 2023, 18:00 PM

Spot LNG purchase resumes after seven months

Bangladesh has resumed the purchase of liquified natural gas from the international spot market after a pause of seven months as the government looks to ensure adequate supply for energy-starved industries to keep the economy running at a good speed.
1 February 2023, 15:15 PM

Consider supplying oil on deferred payment, Dhaka urges Riyadh

Dhaka has urged Riyadh to consider supplying crude or refined oil from Saudi public oil company Aramco on a deferred payment basis.
1 February 2023, 14:51 PM

Electricity prices raised at retail and wholesale levels

The retail price of electricity will be raised by five percent for the second time in less than a month.
31 January 2023, 04:22 AM

Bangladesh among special invitees in first G20 Energy Transition meeting in India

Bangladesh is among the nine special invitees which will attend the first G20 Energy Transition Working Group (ETWG) meeting to be held under India's presidency in Bengaluru from February 5-7, 2023.
30 January 2023, 08:46 AM

BERC amendment bill passed in parliament

The Bangladesh Energy Regulatory Commission (Amendment) Bill 2023 was passed in parliament today paving the way for the government to adjust the prices of gas and electricity without a public hearing.
29 January 2023, 14:04 PM

PDB's losses in 2022-23 likely to jump up by 80% after gas price hike

The financial loss of the state-owned Bangladesh Power Development Board (PDB) is likely to cross Tk 54,000 crore in the current fiscal after the hike in the price of gas increased their input cost.
28 January 2023, 15:31 PM

Titas posts 13% dip in profits

State-run Titas Gas Transmission and Distribution Company Ltd yesterday said its profit dipped 13 per cent year-on-year in the first six months of 2022-23 fiscal year, despite it posted higher earnings in the second quarter.
26 January 2023, 14:53 PM

Business leaders to sit with PM to review gas, power prices

The business leaders are scheduled to sit with Prime Minister Sheikh Hasina soon to review gas and power prices, as they are facing difficulties because of the high prices of the two, Commerce Minister Tipu Munshi said today.
26 January 2023, 14:03 PM

Political will mandatory to recover grabbed rivers

A comprehensive and integrated action plan and participation of all stakeholders can save the rivers of Chattogram division, which have been facing extinction and serious threat due to encroachment, grabbing and pollution, said speakers at a workshop today.
25 January 2023, 16:25 PM