Energy Bangla

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Dhaka Saturday,  Jun 15, 2024

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The Cabinet Committee on Government Purchase (CCGP) today approved 15 proposals, including one proposal to import 40 megawatts (MW) hydroelectricity from Nepal. The approval came from the 15th meeting of the CCGP in this year held at the Cabinet Division at Bangladesh Secretariat with Finance Minister Abul Hassan Mahmood Ali in the chair. Briefing the reporters after the meeting, Secretary of the Cabinet Division (Coordination and Reform) Md Mahmudul Hossain... »
Finance Minister Abul Hassan Mahmood Ali has proposed a special allocation of Tk 1 billion to encourage the development and use of renewable energy. The finance minister presented the budget for the 2024-25 fiscal year in parliament on Thursday. “Considering the importance of renewable energy in building a developed, prosperous, smart and sustainable Bangladesh by 2041, I am proposing a special allocation of Tk 100 crore to encourage its development... »
Finance Minister Abul Hassan Mahmood Ali today placed a Taka 7,97,000 crore national budget for the coming fiscal with a prime focus on maintaining economic stability and augmenting steps to materialise the government’s “Smart Bangladesh” vision. The proposed budget during the new tenure of Prime Minister Sheikh Hasina’s government tended to contain inflation as it appears to be major challenge in the existing global and domestic scenario. “(But) this land,... »
A spike in power usage from artificial intelligence (AI) data centers could significantly boost natural gas demand in the second half of the decade, analysts at investment banker Tudor Pickering Holt & Co said in a report on Tuesday. As much as 8.5 billion cubic feet per day of natural gas could be required additionally to match the rise in demand, the report added. WHY IT’S IMPORTANT U.S. power and... »
The European Investment Bank, the European Union, and Bangladesh have signed agreements worth 477 million euros for renewable energy projects and other cooperative actions in the country. Prime Minister Sheikh Hasina and EU President Ursula von der Leyen attended the signing ceremony of several agreements at the EU Headquarters in Brussels on Wednesday. Hasina is currently in Brussels for the Global Gateway Forum conference. The EIB will extend a 350... »