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Energy

Coal India may adopt PPP model to harness CBM

Coal India is likely to adopt the public-private partnership (PPP) model to harness the coal bed methane (CBM) opportunity from its existing mines. “Coal India is unlikely to invest in developing CBM, rather we will appoint an operator for the same on turnkey basis who will bring in resource and technology,” sources close to the development told PTI. “We propose to select the operator who will share maximum revenue with us, no matter if it is a private entity or PSU,” they said. The sources said Coal India had no restriction in inducting a CBM private operator and the tender inviting expression of interest was expected by March, 2014. Earlier this month, the Cabinet Committee on Economic Affairs (CCEA), headed by Prim...

India to import electricity from Nepal

India has requested Nepal to reduce its trade deficit by exporting electricity to New Delhi. During his meeting with top officials of the Himalayan country in Kathmandu on Sunday, Indian New and Renewable Energy Minister Farooq Abdullah said that it would be the ideal way for the hydropower-rich country to reduce trade deficit. According to Abdullah, it will be a “win-win situation” for the two South Asian neighbours because the proposed deal will not only help Kathmandu utilise its hydropower potential, but also help India meet the growing demand for electricity. India-Nepal

Solar energy innovation lights up Bangladesh slum

For years Anowara Begum fretted about how frequent power outages in her tiny shack in the Baonia-Badh slum in Dhaka’s Mirpur suburb, interrupted her daily embroidery work, depriving her of crucial income that supports her two children and husband. “It really hampered my work as I could not see properly the needle and thread due to the darkness,” Begum, 41, told Khabar South Asia, adding, “even my children could not do their homework in the evening”. But things have improved ever since CHANGE, a Dhaka-based non-government organisation (NGO), installed botol bati (liter of light) at her home in April. “Now, we get ample light through the solar-powered bottle of light,” she said. [caption id="attachment_2112" align="alignle...

Airtel launches fuel payment method thru’ mobile

Airtel Bangladesh Ltd, one of the fastest growing mobile service providers of the country has launched a pioneering payment system through mobile phone service in Bangladesh. For the first time, Airtel’s Valued Customers can enjoy a cashless and card less solution for making payments at fuel stations in Dhaka. IMG_5596Now, an Airtel Customer with a DBBL mobile account can pay from his/her mobile phone while refilling fuel for their vehicle without using any cash or card for the fuel. Ai...

BPC plans to import 1.3m tons of oil in 2014

BPC (Bangladesh Petroleum Corporation) plans to import 1.3 million tons of oil in 2014 for its sole refinery, up more than 8 per cent from a year ago, a senior BPC official said On Wednesday. Next year, 700,000 tons of Murban crude would be sourced from Abu Dhabi National Oil Company. BPC logoBPC, the country’s sole oil importer and distributor, bought around 1.2 million tons of crude from the two national oil companies in 2013 for its Eastern Refinery in port city Chittagong. It ...

KrisEnergy ensures Tullow Bangladesh purchase

KrisEnergy Ltd has received approvals from the Bangladesh government and Bangladesh Oil, Gas & Mineral Corp. for KrisEnergy’s purchase of Tullow Bangladesh Ltd. Tullow holds 30 per cent working interest and operatorship of the onshore Bangora gas producing field on Block 9, which is 50 km east of Dhaka covering 1,770 sq. km. Production started from Bangora field in 2006. The field lies in a gas province with substantial gas infrastructure, KrisEnergy said. Third-quarter gross production from the Bangora averaged 92.7 MMcfd of gas and 285 b/d of condensate. tallow