Energy Bangla

Energy electricity and environment news portal

Dhaka Monday,  May 13, 2024
Petrobangla (Bangladesh Oil, Gas and Mineral Corporation) initiated an international tender in March for offshore oil and gas exploration, following the approval of the revamped model production sharing contract (PSC). This marks a resumption of exploration tenders after a prolonged hiatus, with the bidding round set to conclude by September. A promotional seminar was organized on May 8 at a Dhaka hotel to spotlight this offshore bidding initiative. At the... »

Power Sector

CPD Suggests Four Strategies To Reduce Electricity Subsidy

13 March, 2024: The Center for Policy Dialogue (CPD), a non-governmental research organisation, has chalked out four key strategies, with special emphasis on transparent pricing policies, for the government to adopt in order to mitigate the impact of escalating electricity expenses beyond 2029. The strategies include ensuring the phased shutdown... »

Gas Sector

7 reputed IOCs purchase bid documents for hydrocarbon exploration

State Minister for Power, Energy and Mineral Resources Nasrul Hamid said seven reputed international companies purchased bid documents to participate in the bidding round for offshore hydrocarbon exploration in Bangladesh. Report UNB He said this while talking to reporters on the sidelines of the promotional seminar on “Bangladesh Offshore Bidding... »

Petroleum

2 years gone, but fuel transmission facilities are yet to take off

Though Petroleum Transmission Company (PTC)- PLC (public limited company) was formed about two years ago as new subsidiary of the Bangladesh Petroleum Corporation (BPC) to take over the operations and maintenance (ONM) responsibility of the fuel transmission facilities across the country, the new entity has to wait some more years... »

EB Reports

BB introduces crawling peg, sets Tk 117 per USD as mid-point

Bangladesh Bank (BB) has introduced the Crawling Peg Mid-Rate (CPMR) system for buying and selling of foreign currencies and allowed banks to buy and sell US dollars freely at around Taka 117. The central bank today took the decision at a meeting of the Monetary Policy Committee (MPC) at its... »

Green Pages

Bangladesh Can Go Big On Rooftop Solar: Speakers

Speakers at a webinar today (14 March 2024) echoed the ever-increasing importance of rooftop solar expansion in Bangladesh. The webinar titled Scaling up rooftop solar deployment in Bangladesh was jointly organized by the Energy & Power magazine and the global think tank Institute for Energy Economics and Financial Analysis (IEEFA).... »

Coal Sector

Nuclear

PM urges ROSATOM to set up another nuclear power plant at Rooppur

Prime Minister Sheikh Hasina today called upon the Russian state-run ROSATOM to set up another nuclear power plant at Rooppur, if there is any scope for that. The premier made the request when ROSATOM Director General Alexey Likhachev called on her at her official residence Ganabhaban here. Briefing the reporters... »

Something to Say

How To Build Dhaka As A Water Wise City

Benjamin Franklin says “When the well’s dry, we know the worth of water.” This seems very true for many urban areas and cities in the world. The mega city Dhaka is experiencing a severe water crisis in recent years. Water shortage becomes worse during the summer months. The groundwater table... »

Environment

ADB’s climate financing should be concessional: Finance Minister

Finance Minister AH Mahmood Ali has called upon the Asian Development Bank to make its climate financing concessional while placing five specific proposals regarding measures for tackling immediate economic concerns of the developing member countries (DMC) at this turbulent time. In placing the proposals on Sunday he said geo-political uncertainties... »