Import of coal through six land customs stations in Sylhet region has remained suspended since April 1 as the exporters of the Indian states of Meghalaya and Assam have stopped exporting coal due to sudden rise in excise duty. The suspension of import has left around 30,000 labourers jobless at the land customs stations in the region.
Two teams of coal importers one led by Mr Falah Uddin Ali Ahmed president of Coal Importers Group, and another by Mr Syed Kamal Uddin, joint secretary of the Group left for India through Tamabil and Sheola LC statio [ ... ]
Govt approved Ghorasal 365 MW power plant
The government has approved the Ghorasal 365-megawatt (MW) power plant. Presided over by the Prime Minister Sheikh Hasina, the Executive Committee of the National Economic Council (ECNEC) on 8th April in Dhaka endorsed the Ghorasal power station project at a cost of Tk 25.11 billion (US$306.32 million) and three other projects with a combined outlay of of Tk 2.82 billion.
By Robert Bensh:
There is only one certainty in Ukraine: The energy sector must and will be transformed, and how long this takes will depend on who ends up in the driver\'s seat and how serious they are about becoming a part of Europe and reducing dependence on Russia. But by then, investors will have missed the boat.
The driving factor for any energy investor in Ukraine [...]
SINGAPORE, April 07, 2014 (BSS/AFP) - Crude prices dropped
in Asian trade Monday after rebels agreed to reopen two of the
four blockaded oil terminals in eastern Libya, analysts said.
New York\'s main contract West Texas Intermediate (WTI) for
May delivery dropped 26 cents to $100.88 a barrel in mid-morning
trade and Brent North Sea crude for May slid 82 cents to $105. [...]
Biman popularity flies to new heights: Kevin Steele wins young hearts
The most loved person in Bangladesh this week is without doubt Biman Airlines Md & CEO Kevin John Steele.
That’s the unanimous opinion of over 500 very happy, radiantly-smiling children who attended a special ‘farewell’ party given in his honour by the Ali Akbar Fun‘n’Games committee in a village near Gazipur.
“From the moment Kevin arr [...]
The government is going to revise the Renewable Energy Policy. Giving lifetime waiver of income taxes to foreign companies investing in renewable energy sector to entertain foreign investment in the sector.
If the policy is revised, foreign investors will get more benefit compare to local investors in the country’s renewable energy businesses as the locals will get the t [...]
Coal power can control load-shed in short time: Punjab Chief Minister
Punjab Chief Minister Muhammad Shahbaz Sharif said on 2 march that coal-based power generation projects could help in controlling power crisis to a large extent within a short period of time.
He was chairing a meeting to review the matters regarding a comprehensive system for transportation of imported coal for coal power project. Federal Minister for Railways Khawaja Saad [...]
Ukraine Falling to Economic Warfare and Its Own Missteps
By Robert Bensh:
As protests in Ukraine\'s eastern region turned violent on Sunday leading to the death of a Ukrainian security officer in a shootout with pro-Russian militia, Kiev threatens military action while Moscow flexes its geo-economic warfare muscles.
Pro-Russian militia groups have seized government buildings and police headquarters in Ukraine\'s eastern cit [...]
South Asian monsoon depends on West Asian dust: study
BSS . Dhaka | 5 april 2014:
South Asia A new study by US and Indian scientists say desert dust originating in West Asia increases or reduces the intensity of the South Asian monsoon.
The article published in Nature Geoscience, this week, tried to explain how aerosols — fine particles or liquid droplets in the air — influenced rainfall patterns in unanticipated w [...]