Heatwave: Power supply mostly stable
Power supply to households remains largely stable nationwide, as many energy-intensive sources such as mills, factories, offices, and shopping malls are yet to reopen following the Eid holidays.
1d ago
Power shortage more acute in rural areas
With the weather getting warmer, power crisis is growing across the country and some rural areas have been experiencing prolonged loadshedding since last week.
2w ago
Gas shortage leaves compressor stations inoperative
The government built two compressor stations in 2016 to supply gas at adequate pressure to different districts, but the expensive machinery has been underutilised due to inadequate gas flow.
3w ago
Window for easy loans narrowing
Bangladesh’s access to cheap loans is closing in with its rising per capita income, making foreign borrowing costlier.
3w ago
LNG Processing: Capacity to outpace demand
Bangladesh will end up with surplus LNG regasification capacity by the end of this decade, said the UK-based BMI Research -- a development that will ultimately cost the exchequer in fees similar to capacity charges for power plants.
Only eight industries to get new gas lines
The government is likely to stop new gas connections to industries save for eight “economically vital” ones under a forthcoming regulation.
More power plants than needed
The government is continuing to ramp up the power generation capacity even though the electricity demand did not increase as per projection, putting an additional price burden on consumers, said energy experts.
Gas crisis till April at least
Gas scarcity is likely to continue till April despite the government’s repeated assurance of scaling up gas supply during Ramadan and the irrigation season as one of the two Floating Storage and Regasification Units (FSRU) will take longer to complete maintenance works.
March 4, 2024
Fuel oil price may decrease once automated pricing kicks in
The government is going to start implementing the newly-formulated mechanism for setting fuel prices in line with global market rates by the end of this month and officials of the energy and finance division believe prices may reduce after the first adjustment.
February 22, 2024
Load shedding may spike in summer
Power generation not growing in line with forecasted spike in demand, leaving people staring at frequent and extended power cuts.
February 20, 2024
Foreign Loan: Repayment crosses $4b for first time
Foreign loan repayment, which was hovering around $3 billion since fiscal 2012-13, crossed the $4 billion-mark for the first time last fiscal year on the back of high interest payments and short-term loans in the power and energy sector.
February 18, 2024
Govt, S Alam to team up to build second oil refinery
The state-owned Eastern Refinery (ERL) is likely to build its long-planned second unit in partnership with Chattogram-based conglomerate S Alam Group after previous attempts to expand the country’s oil refining capacity fell through because of a lack of financing.
February 3, 2024
‘Whoever reads newspapers can’t be a thief’
In Banasree, on any given morning, if you find yourself walking past a newspaper stall that has been left unattended, don’t be surprised. Just pick up the newspaper or magazine that you want, put the money in the box that’s kept nearby, and you are on your way.
February 2, 2024
'Whoever reads newspapers can’t be a thief'
In Banasree, on any given morning, if you find yourself walking past a newspaper stall that has been left unattended, don't be surprised. Just pick up the newspaper or magazine that you want, put the amount of money that it's worth in the box that's kept nearby, and you are on your way
February 1, 2024
Amid gas crisis, 2 gas-run power plants firing up
Capacity payments, the scourge of the rapid rise in Bangladesh’s power generation capacity, are set to get higher this year.
January 30, 2024
'Solar to be cheapest option for Bangladesh by next year': experts
While the world is moving towards renewable energy as it is much more environmentally-friendly than fossil fuel-based power plants and requires no additional fuel costs, Bangladesh is moving at a snail’s pace in this regard, said two researchers of BloombergNEF.
January 29, 2024
Bashundhara likely to be first private entity to market fuel oil
The company has been selling its bitumen plant's by-products like diesel and petrol to the BPC
January 27, 2024
Clean energy goal far away
In a fresh push, Bangladesh entered its renewable energy era in 2017 with the launch of a 3MW solar power plant in Jamalpur’s Sharishabari. Ever since, the country has added only 459MW of renewable energy to the national grid.
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