Energy Bangla

Energy electricity and environment news portal

Dhaka Thursday,  Mar 28, 2024

EB Reports

The International Monetary Fund (IMF) has said the global economy has weakened further and warned it was “highly vulnerable to adverse shocks”. It said the weakening had come “amid increasing financial turbulence and falling asset prices”. The IMF’s report comes before the meeting of G20 finance ministers and central bank governors in Shanghai later this week. It said China’s slowdown was adding to global economic growth concerns. China’s economy, the... »
Bangladesh losses 0.18% of its forests annually due to environmental and human causes, parliament heard on Monday. In reply to a query in the House, Environment and Forests Minister Anwar Hussain said the country currently has 2.3 million hectares of forest cover, of which 84% is natural forest. Replying to another query, the minister said forests cover just 15.5% of the country’s total area. Agriculture Minister Matia Chowdhury said according... »
The energy adviser to the prime minister yesterday stressed the need for ‘contextual research’ on energy solutions to achieve excellence in the power sector. “We have already formed an energy and power research council. There should be contextual research to know what kind of energy solutions are needed right now,” said Tawfiq-e-Elahi Chowdhury. The government has set a target to ensure access to energy for all in its Vision 2021.... »
The State Minister for Power and Electricity, Nasrul Hamid, has informed that users owe the state nearly Tk 54 billion in arrears on electricity bills nationwide. In response to a question posed by Jatiya Party MP Salma Islam to the minister on Wednesday, Hamid added, “A list of the customers in default is being prepared for the recovery of the arrears. Legal measures and procedures are being set in place... »
Bangladesh’s per capita income has risen to $ 1,316, says the Bangladesh Bureau of Statistics. The figure based on data of 2014-15 fiscal was released on Tuesday. Planning Minister AHM Mustafa Kamal briefed the media after a meeting of the Executive Committee of the National Economic Council (ECNEC). In 2013-14 fiscal, per capita income was $1, 190. An analysis of data from July to March period indicated a GDP growth... »
The National Committee on Protection of Oil, Gas, Mineral Resources, Power and Ports will embark on another long march to the Sundarbans, demanding scrapping of Rampal Thermal Power Plant. The programme will be held from March 10 to 15, convenor of the committee Anu Muhammad told a press conference at Dhaka Reporters’ Unity Auditorium on Saturday. The platform staged another long march to Sundarbans in 2013 with the same demand.... »
Bangladesh is keen to import oil and gas from Iran now that economic sanctions on the country have been lifted. The state minister for power and energy will discuss the issue in detail during his visit to Iran in March, Commerce Minister Tofail Ahmed told the media after a meeting with an Iranian delegation on Wednesday. “We have a gas crisis. We need LPG (liquefied petroleum gas) to overcome this.... »
An eight-member World Bank (WB) Delegation led by Advisor Phillipe Dongier paid a courtesy meeting with State Minister for Power, Energy & Mineral Resources Nasrul Hamid on Thursday. The delegation discussed issues that include regional connectivity between Bangladesh and Bhutan and India. The delegation proposed for further discussion at the ministerial and secretarial level. State Minister Nasrul Hamid informs the delegation on ongoing and planned projects for renewable power generation... »
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has pitched for a reduction in domestic fuel prices in view of a continuing downslide in international petroleum prices. This was a key demand the country’s apex representative body of private enterprises raised at a press conference in Dhaka on Wednesday. The FBCCI’s First Vice President Safiul Islam Mohiuddin told journalists at an interactive session held at the trade body’s... »
Two giant Indian conglomerates — Reliance Power Ltd and Adani Power Ltd – at an investment summit on Sunday made commitment to invest as much as US$ 11.2 billion in the country’s power and energy and infrastructure. To materialize their projects, which included construction of power plants, LNG terminal, grid interconnection and port and other logistic facilities, they also demanded strong government backing especially for land acquisition, approval and clearances.... »