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Titas Gas Transmission and Distribution Company on Tuesday came up with a proposal for raising natural gas price by 40 per cent on an average following a verbal order from the government to set an asset value of Tk 25 for one thousand cubic feet of gas. Titas managing director, Nowshad Islam, at a hearing […]

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The government plans to provide electricity to all citizens by 2021, claiming that at present 68 percent of them has access to it, a minister has said. Planning Minister AHM Mustafa Kamal informed Parliament of the plans on Tuesday on behalf of State Minister for Power Nasrul Hamid Bipu while replying to a question from […]

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NEW DELHI: To bolster bilateral energy ties, Bangladesh has suggested setting up of a thermal power plant through a joint venture in India. In this regard, Bangladesh has proposed that a coal block could be allocated to the joint venture entity while power generated from the plant could be supplied to Bangladesh. The proposed plant […]

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Dec 7 (Reuters) – Turkish Petroleum International Company is to supply Bangladesh with 60,000 tonnes of gasoil in 2015 for the first time to meet growing demand for fuel, the chairman of the state Bangladesh Petroleum Corp (BPC) said on Sunday. Last month, BPC concluded negotiations on imports of oil products during the first half […]

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Bangladesh is planning to source about 5,000 MW of power from regional suppliers like India, Nepal and Butan over the next few years. (PTI) India is in the final stage of concluding a deal with Bangladesh for sale of 100 MW of power from ONGC Tripura Power Company and has started talks for sale of […]

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THE settlement of maritime boundary dispute between Myanmar and Bangladesh by the international court in 2012 was a landmark event for both the countries that were engaged in disputes on oil gas exploration issues near their mutual maritime boundaries. Since the settlement, Myanmar has moved forward with active programmes by engaging competent oil and gas […]

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Prime Minister Sheikh Hasina Emphasising the government’s increasing importance on renewable energy, Prime Minister Sheikh Hasina today said the target has been fixed to bring three million more families under renewable solar energy system through Infrastructure Development Company Limited (IDCOL) in the next three years. “We’ve fixed target to provide solar energy facility to three […]

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Bangladesh has signed an agreement with Malaysia to set up another 1320 megawatt thermal power plant at Maheshkhali. The coal-fired plant, to be constructed on Built, Own and Operate (BOO) basis, is expected to be completed by 2019. The PDB and the Consortium of Tenaga Nasional Berhad (TNB) and Powertek Berhad (PB), Malaysia will jointly […]

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State Minister for Power and Energy Nasrul Hamid Bipu has said the government will soon invite bidders for exploration in seven ocean blocks after updating the PSC. The junior minister said oil and gas exploration would be carried out at 1,200-2,000 metres depth in the ocean.“We still have around seven blocks. After we modernise the […]

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Prime Minister Sheikh Hasina has firmly stated that no company will get more than one block in the Bay of Bengal to explore oil and gas. During Wednesday’s meeting at her office, Hasina also directed the floating of fresh tenders for this.“The meeting discussed ways to harness the mineral resources in the Bay and using […]

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 Preparation for inviting international tender for 1320 MW Rampal Power Plant is going on in full swing. Bangladesh-India Friendship Power Company (Pvt) Limited (BIFPCL), a joint venture company of Dhaka and New Delhi, will implement the country’s largest coal-fired power plant project at Rampal, a site very close to world heritage Sundarbans mangrove forest against […]

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Dhaka urges Tokyo to hire BD workers ahead of 2020 Olympic  The government will implement a number of projects, including 1200-megawatt Matarbari Ultra Super Critical coal-fired power plant in Cox’s Bazar with a Japanese loan package under the 35th Official Development Assistance (ODA), said the State Minister for Foreign Affairs here on Thursday. Bangladesh and Japan […]

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