Oil prices eased in Asian trading hours Monday as investors took profits following
last week's rally triggered by concerns over rising tensions in
t [ ... ]
Speakers at a discussion on June 14 demanded compensation to the tune of Taka 45,000 crore from multi-national companies Chevron and NIKO to utilize t [ ... ]
New gas connection will be given in phases in the existing pipeline area after conducting a survey by Petrobangla on amount of gas to be required in t [ ... ]
Mohammad Enamul Haq, State Minister for Power, Energy and Mineral Resources Minister, has said foreign companies have so far invested US$ 2,998.87 mil [ ... ]
The construction work of 225-megawatt combined cycle power plant started began on June 12 under the auspices of Ashuganj Power Station Company, one of [ ... ]
Shah Mamunul Haque Vuya:
Bangladesh has observed World Environment Day-2013 like other countries of the world on 5 June 2013. This year the them [ ... ]
I was about to congratulate Secretary Power Mr Monowar Hossain for achieving record power generation of over 6300 MW other day. From 3350 MW in 2009 it is indeed a huge achievement in 4.5 years. But within days media reported of over 2000 MW nationwide power load shedding in the hot humid summer. The reasons are attributed to restricted liquid fuel supply to contingency and rental power plants and gas supply crisis to gas using power plants. If the generation is about 6300 MW about 10% is lost through technical loss [ ... ]
Power Sector
Bangladesh third most power-starved country in world
Bangladesh ranks third among the top 20 countries where people lack access to electricity, according to a report of a World Bank-led multi-agency team.
The report titled \'Global Tracking Framework Report\' published on Tuesday said until 2010, 66.6 million people, or 45 percent of the country\'s population, were out of electricity.
However, Bangladesh g [...]
PGCL starts giving household gas-connection in Rajshahi
Paschimanchal Gas Company Limited (PGCL) started giving household gas-connection in Rajshahi city on June 7.
Chairman of Bangladesh Oil, Gas and Mineral Corporation (Petrobangla) Dr Hussain Monsur inaugurated the connection by lighting gas in two dwelling houses in the city
one after another as the chief guest.
With the breakthrough, Rajshahi has been linked [...]
BPC gets $324m credit facility from Philippine firm
State-owned Bangladesh Petroleum Corporation (BPC) has received a $324-million, six-month deferred payment facility for oil from the Philippines National Oil Company (PNOC).
The South Asian nation\'s fuel demand is growing sharply after a shortage of natural gas forced it to turn to oil-fired power plants to avert power failures.
Its energy ministry expe [...]
Tk. 11,351.20 crore power energy budget for FY 2013-14
The government has allocated Taka 11,351 crore in the proposed budget for 2013-14 fiscal in favour of power and energy sector as power is the main driving force of socio-economic development and poverty reduction efforts.
Of the total proposed amount, Taka 9,060 crore has been allocated for the power sector and Taka 2,291 crore for the energy and petroleum sector. The total al [...]
More 10,000 slum households to get solar street light in Rajshahi city
More than 10,000 slum dwellers of Rajshahi city who don’t get electricity facility will get street light soon Urban Partnership for Poverty Reduction Project (UPPRP).
According to sources, solar street lights are being installed in the Shawtalpara area of the city for elevating their living and livelihood condition.
Under the project 76 solar street ligh [...]
Petrobangla, the state-owned oil, gas and mineral company, and Germania Corporation Limited, a Belarus-based company, have signed a USD 200 million agreement on operating of the Maddhapara Granite Mining Company Ltd (MGMCL), the country’s lone hard rock mine.
Under the agreement the money will be spent in six years for producing nine million tonne [...]
Khondkar Abdus Saleque
Very few remember Sagar and Runi. They very seldom come under reference even in the media. How strange is our character? We do everything for convenience .After the gruesome murder of the popular media couple in their bed room in February 2012 they were not only talk of the town , they were talk of the nation .Many international media , international j [...]
Budget 2013-14 Undermine Integration of Climate Planning
Dhaka, 12th June 2013. Today nine rights based civil society networks in a press conference at national press club has criticize government for little integration of climate change adaptation planning in national budget 2013-14. They urged appropriate integration of climate adaptation is necessary for the survival of the country, which could be done through a formation of natio [...]
Draft Coal Policy