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Energy

GE selected to develop power plant in BD

In its continued efforts to provide the most advanced energy solutions to Bangladesh, GE Power (NYSE: GE) today announced that it has been selected by Unique Group, to develop the 600 megawatt (MW) natural gas based combined cycle power plant at Meghnaghat, near Dhaka, Bangladesh. Unique Meghnaghat Power Limited (UMPL) will be executing the project. The power plant will produce power equivalent to the electricity needed to supply about 700,000 homes in the region.

ADB approves $ 500 for BD power plant

The Asian Development Bank's (ADB) Board of Directors has approved a $500 million loan to develop a state-of-the-art 800 megawatt (MW) power plant in Khulna, Bangladesh, along with associated connections to natural gas and power transmission facilities. "In the face of rising demand for energy in a growing economy, the Rupsha power plant will be the first of its kind in Bangladesh, vastly increasing the availability of efficient and cleaner adb1energy," ADB Energy Specialist Aziz Yusupov was quoted as saying in a statement received on...

BD, Trafigura abandon LNG supply deal

Bangladesh and Swiss trader Trafigura have abandoned the preliminary deal for the supply of 200,000 Mcf/day of regasified LNG following delays in agreeing the terms of the SPA, including the LNG specification and the location for any potential dispute settlement, a senior Bangladesh official said late last week. Bangladesh was seeking to settle any potential dispute at the Bangladesh International LNGArbitration Center but Trafigura preferred Singapore, state-owned Rupantarita Prakrtitik Gas Company Ltd.'s Managing Director Mohammed Q...

Finnish Wärtsilä wins contract of 300MW power plant

Finnish technology company Wärtsilä has won a contract to supply equipment for a 300MW fuel oil power plant in Bangladesh from Summit Group. The contract has been given by Bangladesh-based energy company for which Wärtsilä will supply eighteen of its Wärtsilä 46 line of engines running on heavy fuel oil. wartsila-kodda-i-ii-signingUnder the scope of the contract, Wärtsilä will supply the engine sets and auxiliaries for the power plant to be built in Gazipur. The new power plant will...

Bhutan to supply hydropower to Bangladesh

Leaders of India, Bhutan and Bangladesh may soon formally sign and join hands to build a 1,125 MW hydropower project in Bhutan as trilateral memorandum of understanding (MoU) on this has been finalised by the three Asian countries. Bhutan would export the power to Bangladesh produced from this project, via India. Bangladesh plans to invest in the 1,125 megawatt Dorjilung hydropower project in Bhutan’s Lhuentse district. The Government of Bangladesh earlier approved $1 billion for investment in Bhutan’s hydropower. The project could boost Bhutan’s plan to become a hydroelectric power juggernaut and battery

Solar sector is the thrust sector of Bangladesh

Local solar power industry being affected badly due to import of sub-standard panel, although it has boosted capacity by double to manufacture the panel against the demand of solar power generation. If the import of solar panel is not stopped or controlled immediately, the potential solar energy sector will be destroyed. Addressing the inauguration ceremony of Solar Module Manufacturers Association of Bangladesh (SMMAB) held yesterday, February 28, 2017at CIRDAP Auditorium, distinguished SMMAB Photoguests and inve...