Energy Bangla

Energy electricity and environment news portal

Dhaka Friday,  May 14, 2021

Power Sector

VIAVISHU MISHRA As per the United States Department of Energy (US-DOE), lighting causes 5-6 per cent of the overall Greenhouse Gas (GHG) emissions globally. Light Emitting Diodes (LEDs) can greatly help in mitigating the adverse effects of GHG emissions. They consume 80-85 per cent less electricity than conventional lighting sources and have much higher operating lifetimes (more than 50,000 hours). Unlike the preceding generation of lights, such as Compact Fluorescent... »
A total of 19 companies of the country’s power and energy sector are registered in the stock market. Out of all these enlisted companies 18 has published their interim financial report of July-September, 2018 (first-quarter) respectively except for only one company. By analyzing the financial reports of the first quarter, it was found that Linde Bangladesh has made the highest turnover over the quarter. They made a top profit of... »
Sandwip received grid electricity through a submarine cable. Using this new submarine cable, authority started experimental power supply to the island on Thursday. This is for the first time, the country has witnessed underwater power supply system using submarine cable implemented in the country. According to the sources of the Power Development Board (PDB), initially, they have started supplying power as an experiment and the supply will be regular from... »
Bangladesh is ranked as one of the lowest hydro power producer in Asia while China secured the top position followed by India and Japan. Bangladesh remained at the bottom position in the tally since 2017 considering the capacity of generating hydro power. A report of 2018 published by the International Hydro power Association (IHA) has revealed the info. The report says that, Bangladesh’s hydro power generation capacity is just 230... »
After its ‘failure’ to implement the country’s first-ever waste-based power plant project at Keraniganj on the outskirts of the capital city of Dhaka on its own initiative , the government has now decided to go for executing it on the IPP basis. Official sources said the government revoked the move to implement the project on public initiative about 4-5 months back as it did not find any suitable bidder, and... »
Today Prime Minister Sheikh Hasina inaugurated Summit’s 149 MW dual-fuel (Gas/HFO) based power plant Ace Alliance Power Limited. Summit’s Ace Alliance Power Limited is a joint venture of Summit Power Limited (SPL) – the publicly listed company, with 64% ownership and remaining by Summit Corporation Limited. The Project Agreements, Power Purchase Agreement (PPA) and Implementation Agreement (IA) were signed with Bangladesh government for a period of 15 years and it... »
Prime Minister Sheikh Hasina today inaugurated Payra Power Plant Rehabilitation Project at Kolapara here this afternoon and visited the power plant. The premier opened the scheme named ‘Swapner Thikana’ at a function on the power plant premises. She also visited newly constructed houses for the people affected in project area and handed over keys and registration papers to the rehabilitated families. She also released fish fries into the ponds of... »
A new Joint Venture firm is being formed to manufacture smart pre-payment meter in Bangladesh. The name of that newly formed firm is Bangladesh Smart Electrical Company Ltd (BSECL) which is a JV between two companies from Bangladesh and China. The two sides have signed a deal on Sunday at Bidyut Bhaban in the capital to form this JV firm. State-run West Zone Power Distribution Company Ltd (WZPDCL) and Chinese... »
Industries and power plants in Bangladesh can save upto 50 percent of energy through using heat recovery technologies. An energy efficiency expert, based in Singapore, made this observation at a workshop organised by German Society for International Cooperation (GIZ) in association with Sustainable and Renewable Energy Development Authority (Sreda) and Sustainable Energy Association of Singapore (SEAS) at a hotel in the city. Dr. Chandra Sekhara Reddy Chirla, who works for... »
Shares of the Companies from power sector have traded the highest turnover in Dhaka Stock Exchange (DSE) last week. And as a result of this high amount of trade the rate of the shares of power sector companies have also increased. In the list of top 20 companies, three power sector companies secured the top 3 positions. Summit Power secured the first place considering both traded share volume and value.... »