Dhaka Wednesday, Oct 4, 2023
Power Sector
Visiting Chinese President Xi Jinping announced Friday huge investments in hydroelectric power, shipbuilding, railways and a deal to help Argentina build its fourth nuclear plant. Xi has pressed a charm offensive with Latin America since arriving in Brazil earlier this week. Friday saw Argentina in the spotlight, with Xi signing more than 20 agreements with President Cristina Kirchner on the first day of his three-day visit. Among the agreements was... »
Clarke Energy and the companies which it has acquired now represent an installed base of over 4 GW. This generation capacity is deployed across 21 countries, including 16 countries across which the company is currently an authorised distributor and server provider for GE’s Jenbacher gas engines. Clarke Energy, established in 1989 is a specialist in the engineering, installation and maintenance of gas-fuelled combined heat and power plants. Its installations include... »
Standard Chartered Bank has raised $190 million from international lenders for a 335-megawatt electricity plant of Summit Meghnaghat Power Company Ltd. The lenders, which include international development partners and banks, have already disbursed the long-term project financing for the dual fuel-fired power plant in Narayanganj, the largest one in the private sector. Summit has taken the loan to complete an existing project under which a single cycle power plant has... »
Power plants in Bangladesh have broken record for generating electricity. Power Development Board (PDB) spokesperson Saiful Alam Chowdhury said 7,371 megawatt (MW) electricity was fed into the National Grid around 8pm on Tuesday, which is the highest ever. They were capable of matching even a greater demand, he claimed. On March 30, the previous highest of 7,356 MW power was generated. However, the total amount of power added to the... »
The Asian Development Bank (ADB) has approved a $300 million loan to upgrade Uzbekistan’s Takhiatash thermal power plant to meet rising electricity demand in the west of the fast-growing Central Asian country. “Karakalpakstan and Khorezm regions are expecting electricity demand to grow at double the rate of the forecasted national average. Reliable power supply is essential to meet the residential demand and for future industrial development and growth,” said Rune... »
French engineering company Alstom yesterday handed over a high-capacity power transformer to Power Grid Company of Bangladesh Limited for the Bibiyana II 420 KV substation in Bangladesh. Bangladesh’s Deputy High Commissioner to India Mahbub Hassan Saleh officially received it at a function at Naini near Allahabad in northern Indian state of Uttar Pradesh. The transformer was manufactured at Alstom T&D India’s state-of-the-art facility at Naini, one of the oldest manufacturing... »
Rosatom’s 4 new nuclear power units, three in Russia and one in India will go in to production by the end of this year. Sergei Kirienko, Head of Russia’s state nuclear power corporation-Rosatom apprised the Prime Minister of Russia Dimitri Medvedev during a meeting with him in Moscow recently. Kirienko further apprised the Prime Minister that Rosatom’s order book for setting up NPPs, supply of Uranium and nuclear fuel, other... »
The government on Thursday signed a financial deal with the World Bank worth $600 million or Tk 4,800 crore to increase the capacity of power transmission and distribution in the rural areas. The WB will finance over 72 per cent of the Rural Electricity Transmission and Distribution Project worth Tk 6,640 crore at 0.75 per cent interest rate. The government will repay the loan with interest in 40 years which... »
Cooperation between Russia and China in the field of Nuclear Power Generation has got momentum in recent years. In the continuation of that Russia has offered China to share its experience in building nuclear plants in inland territories. “All Chinese nuclear plants presently are located in coastal areas and we know that China’s government has plans to begin the construction of nuclear plants in inland territories which badly need electricity,”... »
Bangladesh and China have signed five deals during a summit between Prime Minister Sheikh Hasina and Chinese Prime Minister Li Keqiang in Beijing. The Sonadia deep sea port is not among these agreements. Hasina met Li at the Great Hall of the People in Beijing on Monday. Foreign Secretary Shahidul Haque told reporters after the meeting that the two premiers had signed a total of five agreements, notes of exchange,... »