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Energy

BPC tenders to sell 170,000 bbls naphtha

Bangladesh Petroleum Corp (BPC) has issued an international tender to sell 170,000 barrels of naphtha for May 24-26 loading from Chittagong, a company official said on Tuesday. The tender will close on May 5, with validity up to May 12. napthaThe offer came after Asian naphtha crack fell to $99 a tonne on Monday, as expectations of high supplies coming to the east next month from Europe pushed it lower for the third straight session. State-owned BPC sold a cargo of the same size to Unipec at premiums of $0.39 a barrel to Singapore quotes in February, ...

Govt mulls subsidy to popularise LPG

The Energy Ministry has been studying different possible options to provide subsidy to the LPG (liquefied petroleum gas) sector to popularise it and make it more accessible to the people living in the areas having no pipeline-gas network. According to official sources, the new move came against the backdrop of the government’s plans to limit the use of pipelined gas by replacing it with any other alternative. LNGThe idea has captured policymakers’ minds following the recent hearing of the Bangladesh Energy Regulatory Commission (BERC) on the state-ow...

Tripura, Meghalaya want to sell power to Bangladesh

Two Northeastern states, Tripura and Meghalaya are looking at neighbouring Bangladesh to export excess power produced in the two states, and have sought the Centre’s support to make this proposition a reality. bd-indiaPresenting Tripura’s case, state power minister Manik Dey said at the two-day power ministers’ conference that began on Thursday that since Bangladesh was interested in purchasing 100 MW of power from the 726.6 MW Palatana power project, it was now up to New Delhi to approve it. “The government may kindly allow Tripura State Electricity ...

Ranks Petroleum shares expertise on lubrication solutions

Ranks Petroleum Limited, a concern of Rangs Group, has recently organized a knowledge sharing seminar with the industry officials from power and energy sector in Dhaka. It is the sole distributor of world’s number 1 brand Shell Lubricants in Bangladeshi market. ranksShell has a long term international relationship with Wärtsilä, a global leader in power and energy sector, to provide lubrication solution to its engines. To develop similar relation in Bangladesh, Ranks Petroleum Ltd. has organized this knowledge-sharing event for independent power producers...

WB $ 600m power project to reduce system loss

Rural Electricity and Distribution Project was approved by the World Bank (WB) in February 2014 with a goal to reduce system loss in rural areas of Bangladesh. The project’s total budget of $600 million was signed to provide support and development of the existing lines in rural areas of Dhaka, Chittagong and Sylhet divisions. Only 42 percent of Bangladeshi rural households have grid electricity supply currently. These information came in through a release of WB on Monday. wbLocations for 33/11kV substations have been identified and some of them have al...

“Solar Ready Vets” Will Train 25,000 By 2020

The sun shone bright on a major US military installation in Utah Friday morning as President Barack Obama announced that Hill Air Force Base, which hosts Material Command’s 75th Air Base Wing, would take part in a new “Solar Ready Vets” program. At ten bases, a joint program from the Departments of Energy and Defense will help personnel leaving the military transition to solar careers. It’s part of a major national initiative to train 75,000 workers in solar by 2020. [caption id="attachment_14642" align="alignleft" width="300"]Obama-at-Hill... </div><!-- .entry-content --> </article><!-- #post-## --> <div class=
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