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Energy

ADB loan to address severe power shortages in Bangladesh

The Asian Development Bank (ADB) today signed the finance agreements for a loan of $75 million to Summit Bibiyana II Power Company Limited for a private sector gas-fired power plant in Bangladesh to help the country address severe power shortages. “The project will benefit households, business and industry by improving access to electricity,” said Hayato Hoshi, senior investment specialist with ADB’s Private Sector Operations adb1Department. “It will also help to further promote private sector investment in Bangladesh’s energy sector where few major in...

India may outmanoeuvre China in Bangladesh power project

State-owned Bharat Heavy Electricals Ltd (Bhel) has been allowed to bid for a contract to set up a $1.68 billion power project in Bangladesh, enabling India to muscle in on a potential Chinese move on the deal. This comes in the backdrop of Prime Minister Narendra Modi’s planned visit to the eastern neighbour. [caption id="attachment_16548" align="alignleft" width="300"]modi-kSY--621x414@LiveMint The development comes in the backdrop of Prime Minister Narendra Modi’s Bangladesh visit. Photo: Reuters[/caption] As ...

India pavilion at BD Power, Energy Trade Show

With aview to giving an opportunity to the entrepreneurs to access the global market, Confederation of Indian Industry (CII) with the support of the Ministry of Commerce and Industry and High Commission of India, Bangladesh is organising the ‘India Pavilion’ at Bangladesh power and energy exhibition. bd-indiaThe fifteen edition of Power Bangladesh will be held from December 3 to 5, 2015 at Bashundhara Convention City Kuril, Dhaka, Bangladesh. The exhibition will focus on various topics on power sector such as transmission and distribution of electrica...

Celebrating success with Chevron Bangladesh

Nadampur High School, one of 17 educational institutions that receive support under Chevron’s Quality Education Support Initiative, was recently recognized by the Sylhet Education Board as the Best Secondary School in Nabiganj Upazila (under Habiganj District). chevron-logo-promoThe school administration took this opportunity to celebrate this honor with Chevron Bangladesh President Kevin Lyon at a function recently, said a press release. When Lyon arrived, he was felicitated at a local high-school near the Bibiyana gas ...

Private sector partnership in power with India

India and Bangladesh have agreed to open ways for private sector partnership to swap electricity alongside existing government-level cooperation, officials said on Friday as power secretaries of the two countries concluded a two-day meeting in Dhaka. “We are already engaged in the government level (cooperation in bd-indiapowers sector) and now the two countries agreed to allow private sector partnership in this sector,” a Bangladeshi energy ministry spokesman said. His comments came as the Joint Steering Committee on the Power Sector led by Power Secr...

300MW power project in Khulna

The Power Development Board (BPDB) is reportedly planning to construct a gas and furnace oil-fuelled power plant in Khulna. PowerPlanned to be built in Goalpara, the facility will produce 200MW-300MW, and is estimated to cost between BDT25bn ($316.3m) and BDT30bn ($379.5m). A BPDB official was quoted by Dhaka Tribune as saying: "Setting up a new plant was not in the government's plan but two plants in Khulna's Goalpara, which were once known as the power house of the district, turned unusable allegedly because of negligence and lack of monitoring. "This...
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