NTPC, India's biggest electricity generator, will invite tenders this month for the construction of a $1.2 billion, joint venture power project to be built in Bangladesh. The coal-fired 1,320 MW plant, expected to become operational by December 2018, is aimed at meeting Bangladesh's growing energy requirements. "We hope to award the construction project in June and work will start soon after," NTPCBSE -0.93 % chairman Arup Roy Choudhury said. The company has appointed Fichtner Consulting Engineers and is selecting a consultant to help in sourcing coal...

An innovative web-based computer model to help one of the world’s most densely populated countries get to grips with its energy needs has been developed by the University. Economic growth is expected to drive up demand for energy in Bangladesh but there are dwindling domestic reserves of conventional fuels. An open, interactive computer model will enable policy makers in Bangladesh – or anyone else – to consider different approaches to the country’s energy policy for the next 35 years. It allows users to experiment with a range of ene...

In 2014, wind-generated energy made up overall 39.1% electricity consumption of Denmark,  according to the country’s Climate and Energy Ministry. The figure makes the country the world’s leading nation in wind-based power usage. Wind energy only contributed to 18.8% of the overall electricity production in Denmark in 2004. But 10 years later, this figure has more than doubled. In January 2014 alone, power from wind made up 61.4% of the Danes’ electricity consumption. “These are incredible figures,” said Denmark’s Climate and Ene...

Petronet LNG Ltd, India’s biggest importer of liquefied natural gas (LNG), is among five global energy firms that have been shortlisted for setting up an LNG import terminal in Bangladesh. Bangladesh is looking at setting up a 3.5 million tons a year LNG import facility at Matar Bari in Moheshkhali Island of Cox’s Bazar district or Anwara, Chittagong. The terminal, which is to be set up on the build-own-operate basis, will supply gas to power plants. In all 15 firms responded to Bangaldesh’s tender seeking expression of interest by June 30. Of ...

Government subsidy of up to Tk 75 crore a year, meant to support LP gas (cooking gas) consumers, is being eaten up by a few middlemen for years. Though these middlemen (dealers) are thriving at the expense of taxpayers’ money, the government has done little in the last five and a half years to correct the price of the Bangladesh Petroleum Corporation (BPC)-produced liquefied petroleum gas in line with the market rate, reports the Daily Star. State-owned BPC sells a 12.5kg LP gas cylinder for Tk 700, while pr...