This week, US President Donald Trump paused enforcement of the 1977 Foreign Corrupt Practices Act (FCPA), a US law banning the bribery of foreign officials. While signing the order, Trump
New Trump order delays legal proceedings against Adani Group
Russian loans repayment to be delayed
The government has recently implemented new measures to alleviate the burden of foreign debt payments. The payment of Russian loans for the Rooppur nuclear power plant project is set to be postponed for two years, with Russia having already responded favorably to Bangladesh's proposal. This deferral could save the government approximately USD 800 million, according to sources at the Economic Relations Division (ERD).
Officials have indicated that the ERD is in the process of revising the previous loan agreement...
Officials have indicated that the ERD is in the process of revising the previous loan agreement...
Titas Gas to be more customer-friendly
Due to the government's commitment and the multifaceted reform initiatives undertaken by Harunur Rashid Mollah, the Managing Director of Titas Gas Transmission and Distribution Company Limited, customers of Titas Gas are set to experience significant improvements shortly. To ensure uninterrupted gas supply for its customers, Titas Gas has already launched several small, medium, and large projects. Under the guidance of Prime Minister Sheikh Hasina and the Minister of State for Power, Energy, and Mineral Resources Nasrul Hamid Bipu, as well as Petrobangla's Chairman Zanendra Nath Sarker and Titas Gas's Managing Director, various measures have been taken to make the energy sector more customer-friendly.
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State-of-art G-Gas satellite plant 101 in Rupganj
Energypac has recently inaugurated G-Gas Satellite Plant 101 through a virtual programme to meet the country's increasing demand for LPG on March 28, 2022, in Rupganj, Narayanganj, at 11:30 am.
Dr Tawfiq-e-Elahi Chowdhury, BB, Honourable Adviser to the Prime Minister, Power, Energy & Mineral Resources Affairs, Prime Ministers Office, Dhaka, was the honourable chief guest at the inauguration of G-Gas Satellite Plant 101.
At the event, Engineer Rabiul Alam, CIP, Chairman; Humayun Rashid, CIP, Managing Director & CEO; other members of the Board of Directors; Naweed Rash...
Private companies’ 12 kg LPG price reduced to Tk 842 from June 1
The Bangladesh Energy Regulatory Commission (BERC) has re-fixed the price of Liquefied Petroleum Gas (LPG) of private companies at retail level with effect from June 1.
As per the new prices, the private companies will have to sell 12 kg LPG at Tk 842 instead of current price of Tk 906.
The regulatory body re-fixed the price adjusting with Saudi Contract Price (CP), reports UNB.
The price of LP Gas Company Ltd, the state-owned company, will remain same at Tk 591 for 12.5 kg LPG as it has no relation with Saudi CP.
In re-fixing the price, the value of per kg ...
In re-fixing the price, the value of per kg ...
GE to provide advanced gas turbine tech for Reliance
GE (NYSE: GE) on Friday announced that it will be providing its advanced gas turbine technology upgrade Advanced Gas Path (AGP) for the upcoming Reliance Bangladesh LNG & Power Ltd.’s 718-megawatt (MW) combined cycle power plant in Meghnaghat, Bangladesh. Reliance Bangladesh LNG & Power Ltd. is a joint venture between India’s Reliance Power and Japan’s JERA.
Built by Engineering, Procurement, & Construction (EPC) group Samsung C&T, Meghnaghat power plant will be powered by two GE 9F gas turbines, one GE D11 steam turbine and three H53 generators. The power plant will utilize re-gasified liquified natural gas (LNG) fuel to generate the equivalent electricity needed to supply more than 850,000 homes in Bangladesh.
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