Dhaka Wednesday, Mar 3, 2021
- Texas power plants back online, but 325,000 households still in the dark
- Bangladesh’s power import to go up to 9,000 MW by 2041′
- Bangladesh to buy 6,720 mmcf LNG from Vitol Asia
- Proper construction management is crucial for timely completion of NPP
- Click here to find Corona Virus Update
- The Current Oil Price Rally Is Reaching Its Limits
Power Sector
Consumers Association of Bangladesh (CAB) is set to challenge the Bangladesh Energy Regulatory Commission (BERC)’s move to hike electricity price from January 1 next year. It feels that the BERC is taking “unlawful” step against the consumers as it allows the high cost errant rental/quick rental power plants to produce electricity from their low efficient plants and misusing the Gas and Electricity Development Fund as per guidelines although the money... » 
The Bangladesh Power Development Board or BPDB has proposed to the energy regulator to increase bulk electricity tariff by 23.27 percent per unit to trim its losses. The state-owned agency made the proposal at the public hearing on bulk power tariff and transmission cost, held by the Bangladesh Energy Regulatory Commission or BERC on Thursday. However, after reviewing the proposal, the BERC said the price can be increased by 19.5... »
Summit Power Limited approved 35 percent cash dividend to its shareholders for the year ended on June 30, 2019. The dividend was approved in presence of the Company’s shareholder at its 22nd Annual General Meeting (AGM) held at Dhaka on 24th of November 2019. Chairman of Summit Power Limited Muhammed Aziz Khan said, “After two consecutive years of offering 30% dividend, we are happy to announce 35% dividend this year.”... »
The government is on its way to import 500 MW of hydro-electricity from Nepal through Indian GMR Energy. The tariff rate for this purchase is set to 7.72 cents per kilowatt-hour. State Minister Nasrul Hamid confirmed the power import from Nepal while presenting a keynote at the “power summit” in Kathmandu on Thursday. He said that the government is at the final stage of the power import from Nepal. The... »
With the latest technologies surely delivering services for suiting to demands of the people, State Minister for Power, Energy and Mineral Resources Nasrul Hamid today said use of modern technology in the power sector will ensure safe and quick services to all subscribers. “All power distribution companies will have to introduce modern technology in their utility services aimed at providing hassle free, safe and quick services to the countrywide consumers,”... »
Prime Minister Sheikh Hasina today expressed her hope that all the upazilas of the country will come under cent percent electrification coverage by 2021, as the government has been working to illuminate all the homes across the country. “We hope to give cent percent electricity across the country within the “Mujib Borsho” to be observed from March 2020 to March 2021 marking the birth centenary celebration of Father of the Nation... »
Prime Minister Sheikh Hasina will inaugurate seven power plants and 23 specialized electrification projects for ensuring cent percent power coverage in 23 upazilas on November 13. “Prime Minister Sheikh Hasina will inaugurate these power plants along with 100 percent power supply of 23 upazilas through videoconferencing from her official Ganabhaban residence at 10 am on November 13,” Director (Public Relations) of Bangladesh Power Development Board (BPDB) Saiful Hasan Chowdhury told... » 
The entire country will come under full electricity coverage within the next three to four years, said state minister for power, energy and mineral resources Nasrul Hamid on Monday, reports news agency. “The electricity coverage will be ensured hundred per cent throughout the country within the next three to four years,” he said. The minister was replying to a supplementary question from BNP MP Harunur Rashid (Chapainawabganj-3) during the question-answer... »
Considering beautification of the capital city, State Minister for Power, Energy and Mineral Resources Nasrul Hamid today said overhead cables should be removed from electricity poles. “Hanging or overhead cables created barricade to supply uninterrupted electricity in the city,” he said this while addressing an inter-ministerial meeting “Removal of overhead risky hanging cable is almost must now and COAB and ISPA should make efforts to provide their services using city... »
The state-run power distribution companies have also placed their plea demanding retail tariff hike of power amid PDB’s indirect proposal of bulk tariff hike placed a few days earlier. Bangladesh Energy Regulatory Commission (BERC) has decided to hold public hearing sessions in response to the tariff hike proposals from the state-owned companies starting from 28th November, said a public notice issued by the BERC. According to the notice, a series... »