Skip to main content

Power-Energy


img

Land-based LNG terminal at Matarbari thru PPP okayed

The government on Tuesday approved a proposal in principle for implementing the land-based LNG terminal at Matarbari in Cox’s Bazar project to be implemented under the Public-Private-Partnership initiative.

img

BIDA urges BERC to revise gas price hike

The Bangladesh Investment Development Authority has urged the Bangladesh Energy Regulatory Commission to revise the recently announced gas price hike, saying that otherwise, it would affect the economic momentum. ..

img

Businesses warn gas price hike to discourage investments

Manufacturers in the country’s different sectors have warned that the hike in the prices of gas for new industrial and captive connections and for existing industrial connections in case of additional use would discourage new investments...

img

Gas price increased by 33pc for industries

The Bangladesh Energy Regulatory Commission on Sunday announced a 33 per cent increase in gas prices for industries planning to get new connections or expand with additional gas consumption.

img

Use of oil-based plants to keep power cost high

With the power demand rising amid heatwaves, the energy mix included more oil to boost electricity generation, leading the interim government away from its plan to reduce energy spending...

img

Finland closes last coal-fired power plant

Finnish energy company Helen said on Tuesday that it had closed the country’s last active coal-fired power plant, ushering in ‘the end of the era of coal’ for the Nordic country.

img

Grid collapse shows system weakness

A technical malfunction in a transformer triggered the March 11 national grid collapse that deprived parts of Dhaka of electricity supply for at least two hours...

img

Trade war threatens oil demand growth: IEA

Global oil demand growth is set to accelerate this year but the escalating trade war launched by US President Donald Trump threatens to disrupt the market, the International Energy Agency said Thursday...

img

Gas price hike will deter investment: businesses

The country’s business leaders strongly criticised the government’s proposal to raise gas prices by 150 per cent for new industries and industrial expansion, calling it a discriminatory move that could deter future investors and make Bangladesh less attractive for business...