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Dhaka Saturday,  Jun 15, 2024

Power Sector

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The government in this month is likely to finalise a power division proposal to charge extra money from new power connection seekers to form a fund to promote renewable energy in the country, officials said. Bangladesh Energy Regulatory Commission is also planning to set a side a portion of increased retail power prices, which would be done in future, for the renewable energy fund to be maintained by the Sustainable... »
The Awami League-led government has achieved number of successes in the power sector with increased generation capacity that has reached 11,265MW. “The government has also taken various power projects to increase power generation aimed at providing electricity to all citizens by 2021 at reasonable price,” State Minister for Power, Energy and Mineral Resources Nasrul Hamid told today. He said the government has set up power plants to generate 1,300MW in... »
The government will procure 30-50 MW power from the open market of India. The Cabinet Committee of Government Purchase (CCGP) at today’s meeting gave nod to the power procurement proposal held at cabinet division with Finance Minister A M A Muhith in the chair. Mustafizur Rahman, Joint Secretary of Cabinet Division, after the meeting told reporters about the outcomes of the meeting. “A total of 30-50 MW power would be... »
NTPC, India’s biggest electricity generator, will invite tenders this month for the construction of a $1.2 billion, joint venture power project to be built in Bangladesh. The coal-fired 1,320 MW plant, expected to become operational by December 2018, is aimed at meeting Bangladesh’s growing energy requirements. “We hope to award the construction project in June and work will start soon after,” NTPCBSE -0.93 % chairman Arup Roy Choudhury said. The... »
The Coal Power Generation Company Bangladesh Ltd (CPGCBL) will sign deal for consultancy with joint venture of foreign companies involving Japan, Germany and Australia Wednesday to implement a 1,200 megawatts (MW) coal-fired power plant project at a cost of US$ 4.0 billion at Matarbari on Moheshkhali island in the Bay of Bengal. Two coal-based power plants having electricity generation capacity of 600 MW each will be commissioned by 2021 at... »
Two more mega projects were today included in government’s priority-based ‘Fast- Track Project” for smooth and speedy implementation. The Materbari Ultrasuper Critical Coal-fired Power Project in Cox’s Bazar and Paira Port Project in Patuakhali were made “fast track” in addition to six others. The Fast-Track Project Monitoring Committee included the two new projects in its third meeting held at Prime Minister’s Office with Prime Minister Sheikh Hasina in the chair.... »
There had been only 513 MW power generation growth in 2014, which was half compared to the growth rate in 2013. According to statistics provided by the state-owned Power Development Board (PDB), the country�s available power generation capacity marked a rise by 513 MW in 2014 while the growth was more than double in the previous year as it showed a rise by 1,045 MW in 2013, reports UNB. The... »
Bangladesh Energy Regulatory Commission is set to begin public hearing on the proposed power price hike for both bulk and retail sectors from January 20, 2015. The new power tariff would come into effect from February 1, a BERC official told. The commission last week issued letters in this regard asking the stakeholders to attend the hearing. The five state-run power distribution agencies submitted proposals to raise the retail price... »