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Indian L&T to build Bangladesh power plant

Indian engineering and construction major Larsen & Toubro (L&T) on Wednesday said it has bagged a Rs 1,700 crore order from Japan’s Marubeni Corporation to set up a 400-MW gas-based power plant in Bangladesh. Power“Bangladesh Power Development Board awarded the EPC contract for setting up the 400-mega watt (MW) gas-based power plant project to Marubeni Corporation of Japan, which in turn awarded the EPC sub contract to L&T on a turnkey basis,” L&T said in a BSE filing. The company said its scope of work includes design, detailed engineerin...

Govt plans coal-fired power plants near Cox’s Bazar

Coal Power Generation Company Bangladesh (CPGCBL) is reportedly planning to develop two coal-fired power plants, each with a power generation capacity of 600MW with potential investment of around $4.6bn. Planned to be built on an island in the Bay of Bengal which is located at a 32km distance from the beach resort of Cox’s Bazar, the power plants are expected to meet the power demands in the country, a senior official said. [caption id="attachment_19533" align="alignright" width="650"]Sevan_FloatingGasplant_Rendering

Bangladesh oil, gas outlook to 2025

Research and Markets has announced the addition of the “Bangladesh Oil and Gas Exploration and Production Analysis and Outlook to 2025 - Blocks, Fields, Production Outlook, SWOT, Companies and Market Structure of Bangladesh Upstream” swot analysis to their offering. Bangladesh upstream oil and gas analysis and outlook report provides complete information on Bangladesh exploration and production blocks, fields, companies and future prospects. Bibiana-gasDetails of the industry growth in the historic period coupled with future growth prospects are ...

Iran offers Bangladesh to join IP Pipeline

Tehran proposed Bangladesh to join the gas pipeline project that is due to supply Pakistan’s dire energy needs with Iran’s natural gas resources. Iranian Ambassador to Bangladesh Abbas Vaezi was quoted as saying the remarks by Dhaka Tribune. He voiced Tehran’s readiness to export oil and gas to Bangladesh, and added that Iran is ready Iran Oilto extend Iran-Pakistan-India gas pipeline to Bangladesh. He said that Iran has talked with Pakistani and Indian sides over the gas pipeline project and is prepared to negotiate with Bangladeshi officials a...

GMR Nepal plants to export power to Bangladesh

Infra major GMR Group, which is setting up two hydel power projects in Nepal, is in discussions with Bangladesh government among others to export power from the Himalayan country. “Initial discussions were initiated for tying up sale of power with Government of Bangladesh, Power Trading Company (PTC) / NTPC / Vidyut Vyapar Nigam Limited (NVVN),” GMR said in its annual report. It added, the International Finance Corporation (IFC), a World Bank arm, is expected to pick up 10 per cent stake in both the projects, besides acting as lead lender. PowerThe com...

Power, gas go up

The government has raised gas price by 26.29 per cent and power price by 2.93 per cent at the household level. The new price will come into effect on 1 September, Bangladesh Energy Regulatory Commission Bazilian_PowerToThePoor(BERC) announced on Thursday afternoon. The regulatory body said the decision to raise the widely used utility services was taken afte much discussion and debates on the implications of the move. The price-hike of the utilities was announced despite fall in oil prices in the international marke...
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