The government signed a deal with China to set up a 1,320 MW coal based power plant in Moheshkhali upazila of Cox’s Bazar. Mr Abduhu Ruhullah, chairman of Bangladesh Power Development Board and Mr Zhao Longjun, president of Huadian Hong Kong Company of China, signed the memorandum of understanding at Bidyut Bhaban in the capital. Under the agreement, BPDB and the Chinese company will jointly build 2 units with a capacity of 660 MW each by 2019. Mr Abduhu said that China will install ultra supercritical technology at the plant to meet envir...

The Supreme Court of India during the hearing of two public interest litigations (PIL) on the gas pricing issue asked the government why Niko Resources is selling gas in Bangladesh at $2.34 per mmBtu while it wants a price of $8.4 per mmBtu in India. Ironically when the case was being argued in the Supreme Court, government owned ONGC has demanded a price of $13 per mmBtu for its gas. While the product, natural gas remains the same, the three price points that we have only adds to the confusion. Why should ONGC ask for higher gas prices...

 A recent feasibility study at the country’s coastal belt has found a ‘moderately good prospect’ for wind energy. According to official sources, Indian company ReGen Powertech has been conducting the study in Chittagong and Cox’s Bazar, reports UNB.  After the collection of six months’ data, the company submitted its initial report to the Power Division which reveals a ‘moderately good’ prospect, a senior official at the Power Division told UNB. ...