Energy Bangla

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Dhaka Monday,  Dec 5, 2022

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India’s Green Energy Corridors project has received a major funding boost with the Asian Development Bank providing $1 billion loan. The Asian Development Bank (ADB) announced that it will provide $500 million in government-backed loan and an additional $500 million in non-sovereign loan, which will be provided to Power Grid Corporation of India, which is implementing a national-level project to set up transmission lines dedicated to carrying electricity from renewable... »
The problem with Waste to Energy (W2E) in Bangladesh is finding the appropriate technology, not bureaucratic red tape or financing, Energy Advisor to the Prime Minister Tawfiq-e-Elahi Chowdhury said friday at Power and Energy Week. “It is true that the per unit cost of electricity from W2E is high, but considering the benefit it will bring to society, I assure you that the government will provide every sort of assistance... »
Climate Investment Funds (CIF), a fund created by multilateral banks, endorsed Bangladesh’s plans for renewable energy development and also agreed to provide another $75 million for their implementations, reports UNB. This fund is being provided under the Scaling Up Renewable Energy in Low Income Countries Program (SREP) of the CIF. According to statement issued by the CIF, the SREP funding of $75 million (USD) will focus on grid-connected renewable energy... »
The Asian Development Bank (ADB) aims at attaining Germany’s experience in the areas like climate change, smart cities and renewable energy, vocational training, and the promotion of small and medium-sized enterprises during the upcoming 49th Annual Meeting scheduled at Frankfort in May 2016. ADB President Takehiko Nakao has wrapped up a visit to Frankfurt and Berlin, where he discussed with senior officials for deepening ADB’s partnership with Germany and thanked... »
Vesta Company of Denmark, will invest 100MW wind power plant which will be made in Patuakhali. This will be the largest wind power plant of Bangladesh. Monday, the contract was signed between power division and Vesta Asia Pacific Wind Technology Ltd on Mukti hall at Bidduyt Bhaban. According to the contract Vesta will submit survey report of wind direction within next one year. Power Energy and mineral resource minister Nasrul... »
The Cabinet Purchase Committee yesterday approved a proposal for setting up a 200MW solar park in Teknaf of Cox’s Bazar, the largest in the country, on a build-own-operate (BOO) basis with the private sector. SunEdison Energy Holding (Singapore) Private Ltd, a subsidiary of American solar power giant SunEdison, will carry out the project as an independent power producer (IPP), as part of the government’s mega plan to increase production of... »
State Minister for Power, Energy and Mineral Resources Nasrul Hamid, MP today urged the private sector for coming forward towards waste management. “Initiative is to continue for transforming waste into resources and power by preserving waste properly and the private sector can be a partner in this important process ,” he said while speaking as the chief guest at a workshop at the Bidyut Bhaban here. Development of Sustainable Renewable... »
Skypower Global, one of the world’s largest and most successful utility-scale solar power producing companies, would invest 4.3 billion US dollars in solar power sector in Bangladesh. Kerry Adler, president and CEO of the Canada-based multinational company, announced this at a roundtable meeting of Business Council for International Understanding (BCIU) with Prime Minister Sheikh Hasina at Hotel Waldorf Astoria here on Friday. PM’s Press Secretary Ihsanul Karim said the company... »
Rural Power Company Limited is working to set up two separate power plants having total capacity to generate 450MW of electricity under government to government deals under Chinese Concessional loan, a top official said. The China-Based PowerChina Hubei Hongyuan Power Engineering and Co Ltd (HYPEC) has made a proposal to set up a coal-fired and another solar-based power plant under G-G deals, RPCL Managing Director Md Abdus Sabur told daily... »
A 200 MWp solar power plant is likely to be installed in Teknaf by US-based solar power firm SunEdison as part of the government’s mega plan to give a further boost to power generation. This will be the country’s largest grid-connected solar project to be implemented as independent power producer (IPP) project. According to official sources, the Power Division has already completed negotiations with the US firm’s Singapore-based subsidiary allowing... »