Natural resources

Natural resources

Summit Power seeks time to provide financial report

Summit Power Limited (SPL) has sought a five-month extension from the Bangladesh Securities and Exchange Commission for providing the audited financial report for fiscal year 2023-24, which ended last June. 

1d ago

Govt won’t raise power tariff despite pressure from IMF: energy adviser

The energy adviser explained that while the IMF recommended a tariff hike to ease the subsidy burden in the power sector, the government emphasised the adverse effects such a move would have on citizens already grappling with high inflation

2d ago

Payra power plant halts production for tests of new facility

Production cost at new facility to be lower than that of Adani, other plants

3d ago

$158.89 million AIIB loan availed for power infrastructure project

Power Grid Bangladesh PLC will implement the project

6d ago

No foreign firm shows interest in Bay of Bengal gas exploration

Seven purchased tender documents, but none submitted papers finally

1w ago

Power deal signed with Adani should be renegotiated: expert

The deal with India’s Adani Power should be renegotiated as the cost of power from the company is much higher than that of domestic power plants, said energy expert Prof M Tamim, a member of the White Paper Committee on Economy today

2w ago

Child mauled to death by dogs in Kishoreganj

A child died after being mauled by a pack of stray dogs in Kishoreganj's Nikli upazila this afternoon

2w ago

Bangladesh's Electricity Sector / PDB can save $1.2 billion a year by fixing core problems: IEEFA

The global energy think-tank suggested shifting half of Bangladesh’s existing industrial demand to the grid

2w ago

Chevron plans to invest in gas exploration, officials tell Yunus

The chief adviser highlighted key reforms undertaken by the interim government to ensure a better investment climate in the country.

2w ago

Power sector’s indemnity act repealed at last

The government yesterday repealed the long-debated “indemnity act” of the power sector, bringing to an end the 15-year-long practice of awarding contracts under opaque circumstances.

2w ago

No more IPP in power sector with govt guarantee to buy electricity: adviser

He says no alternative to renewable energy as it’s a compulsion

3w ago

Newly appointed BERC member Gias Uddin resigns

Gias Uddin Zoarder, a newly appointed member of Bangladesh Energy Regulatory Commission, has resigned against the backdrop of media reports on his alleged involvement in corruption..According to official sources, Gias Uddin Zoarder, a former top official of the Dhaka Power Distribution Com

3w ago

Gas supply to remain off for 10 hrs in parts of Dhaka tomorrow

Gas supply will remain suspended for 10 hours tomorrow in different areas in the capital for emergency works in gas pipeline

3w ago

Gas supply to remain suspended for 12 hours in Dhaka EPZ, adjacent areas

Gas supply will remain suspended for 12 hours from 6:00pm tomorrow in different areas under Dhaka Export Processing Zone (DEPZ) and Nabinagar-Chandra area for emergency works in gas pipeline

3w ago

Govt directed to conduct inquiry, form committee

The High Court, in the full text of an order, issued three directives over the government's electricity purchase deal with India's Adani Power Limited in 2017.

3w ago

Paid Tk 20cr bribe for gas connection during AL regime: commerce adviser

Commerce Adviser Sheikh Bashir Uddin today said he had to pay a bribe of Tk 20 crore to the road authorities for digging up a road to lay the 40km gas pipeline for his industry during the previous Awami League regime

3w ago

Power supply from Nepal via India begins

Electricity supply from Nepal to Bangladesh via India began yesterday in a trilateral transaction, aimed at boosting sub-regional connectivity in the power sector.

1m ago

Petition seeks HC order to review power deal with Adani

A Supreme Court lawyer today filed a writ petition with the High Court seeking its directive on the government to review or cancel the electricity agreement with Adani Group of India.

1m ago