Browse Category

Industry

Lankan Laugfs acquires 69pc of BD LPG plant

Sri Lanka’s Laugfs Gas plc acquired 1.8 million ordinary shares, or 69 percent of the total issued shares, in Petredec Elpiji Limited, a company incorporated in Bangladesh for a purchase consideration of 18.75 million US dollars. “We see tremendous potential for expanding LPG as a domestic and commercial energy source in Bangladesh,” W.K.H. Wegapitiya, the Group Chairman of LAUGFS said. Petredec Elpiji Limited is engaged in downstreaming business of liquefied petroleum gas (LPG) LPGin Bangladesh as the third largest LPG downstreaming operator, with over 21 pe...

Bangladesh plans its first waste-based power plant

The Bangladesh government is planning to set up a power plant based on municipal waste with an intent to address the issue of waste generation as well as expanding the basket of renewable energy technologies in the country. The Bangladesh government is looking to develop a municipal waste-based power plant at the outskirts of capital Dhaka. The government has reportedly initiated the process of forming a jannatul-mawa-640company to set up and operate the power plant. The project will be first one in the country to use waste for power g...

NTPC mulls selling power to BD from its Assam plant

Indian state-run NTPC will consider selling electricity to Bangladesh from its upcoming 750 MW plant at Kokrajhar in Assam once the neighbouring country finalises plans to buy power from Palatana project in Tripura. “Bangladesh is planning to purchase power from Palatana project in Tripura and talks are going on in this regard. If they are successful, then there is no problem in giving power to Bangladesh (from the upcoming Assam plant),” NTPC Group General Manager — Bongaigaon Thermal Power Project Utpal Chakrabarti said. PowerFor selling power to Bangla...

Chevron launches $ 10m social programme

U.S. oil firm Chevron has launched an 18-month enterprise development programme in Bangladesh worth $10 million, the company said on Thursday. The initiative, to be implemented by BRAC, a leading non-governmental organisation (NGO), is aimed at the communities of the Bibiyana, Jalalabad and Moulavi Bazar gas field locations where Chevron operates. chevron-logo-promoThe programme will support about 20,000 people, and up to 1,500 enterprises will be created during the time frame. “We believe that our success is tied to society’s...

Sembcorp plans new power project in BD

Sembcorp Industries (Sembcorp) is pleased to announce that it will be developing a 426-megawatt power plant in the Sirajganj district of Bangladesh under a public-private partnership, establishing the Group’s first foothold in this fast growing emerging market. This build-own-operate project was awarded to Sembcorp’s wholly-owned subsidiary, Sembcorp Utilities, by the Government of Bangladesh. PowerAt a total project cost of approximately US$390 million, the combined cycle power plant will be fuelled primarily by natural gas, with high speed diesel as backup...

Indian L&T to build Bangladesh power plant

Indian engineering and construction major Larsen & Toubro (L&T) on Wednesday said it has bagged a Rs 1,700 crore order from Japan’s Marubeni Corporation to set up a 400-MW gas-based power plant in Bangladesh. Power“Bangladesh Power Development Board awarded the EPC contract for setting up the 400-mega watt (MW) gas-based power plant project to Marubeni Corporation of Japan, which in turn awarded the EPC sub contract to L&T on a turnkey basis,” L&T said in a BSE filing. The company said its scope of work includes design, detailed engineerin...
Verified by MonsterInsights