Bangladesh’s leading private power producer plans to reach full capacity early next year at a 335-megawatt plant, a senior executive said on Saturday, as the country seeks to plug a shortfall in electricity supply.
The power unit of conglomerate Summit Group is implementing a $319 million project to raise electricity production from the current level of 210 megawatts.
“The combined cycle project is almost in its completion stage and we hope to produce with full capacity by the end of February,” A.N.M. Tariqur Rashid, deputy managing ...
US oil and gas giant Chevron is eyeing to invest more in oil and gas exploration activities in Bangladesh to meet the country’s mounting energy demand, Chevron Bangladesh President Geoffrey Strong told the FE Tuesday.
Chevron has already invested around US$1.5 billion in the past one decade’s operation in Bangladesh, he said.
After commencement of the $500 million Bibiyna Bibiyana Expansion Project, Chevron has submitted a fresh investment proposal worth around $650 million to state-run Petrobangla to i...
A cheap and effective light made from empty bottles is powering efforts in Bangladesh to cope with electricity shortages and protect the environment.
“Bottle lights” are being pioneered in the country by a Dhaka-based research organisation and consultancy as a way to provide an essential utility in poor areas while cutting carbon emissions.
The consultancy, CHANGE, is now looking for ways to extend the innovation from schools and homes in slum areas of Dhaka to rural households throughout Bangladesh.
“During power...
According to Business Monitor International (BMI), access to natural gas in Bangladesh is going to significantly increase over the coming years. This boost will come from the Bibiyana expansion project, combined with LNG imports expected from 2015. BMI anticipates that this will improve reliability in gas supply to the power sector and industry, supporting a solid growth forecast for 2015 and 2016.
Chevron has announced the completion and first gas from the Bibiyana Expansion Project in the north east of the country. New development wells and an expansion of gas processing facilities will see the project increase gas output by approximately 15 billion m3. Bibiyana is now Bangladesh’s largest producing gas field. The developments will also enable production of natural gas liquids to m...
Kuwait Petroleum International (KPI), an affiliate to Kuwait Petroleum Corporation (KPC), is considering development of $6bn crude oil refinery, with a production capacity of 10 million tons per year in Bangladesh, a high-ranking oil sector official said.
Recently, officials from KPI, Bangladesh Petroleum Corporation (BPC) and Board of Investment (BoI) met in Bangladesh to discuss details required for constructing the crude oil refinery, according to sources.
KPI is seeking the required infrastructure in the project site including land an...
A nationwide power blackout hit Bangladesh on Saturday when a transmission line supplying electricity from India broke down.
The interconnection line used for transmission of 450 MW at Bheramara in Kushtia district tripped at 11:30 am, a source at the Power Development Board (PDB) said.
The sudden vacuum caused disruption of power generation at all power plants across the country, the Daily Star reported.
Some power plants resumed generation at around 1:00 pm.
State Power Minister Nasrul Hamid Bipu said power generation is expected to return to ...
