Browse Tag

Energy

Modi, Hasina to launch power supply, Internet gateway

Palatana power plant to supply 100 MW to Bangladesh from Mar23 Tripura to supply power to Bangladesh from Bijoy Dibosh Tripura to supply 100 MW of power to Bangladesh Delhi, Dhaka to ink deal for 100 MW power to Bangladesh VHP leader warns Modi, Tripura CM to stop infiltration of Bangladeshis or lose chairs [caption id="attachment_17717" align="alignleft" width="650"]hasina-modi (File Photo) Hasina-Modi (File Photo)[/caption] Prime Minister Narendra Modi and Bangladeshi Prime Minister Sheikh Hasina wil...

Marubeni to construct 400MW power plant for BPDB

Marubeni Corporation ('Marubeni') is to construct the 400MW Bibiyana-III Gas Based Combined Cycle Power Plant, for which the Japan Bank for International Cooperation signed a loan agreement in buyer's credit (export loan) on February 29, 2016, with the Bangladesh Power Development Board ('BPDB'), a national power development company in Bangladesh. The Bank of Tokyo-Mitsubishi UFJ, Ltd. ('BTMU') is a co-financer and the total loan amount is approximately JPY 30.8 billion. Nippon Export and Investment Insurance will provide insurance for the portion co-financed by BTMU. The construction contract was originally received by Marubeni and Korea's Hyundai Engineering & Construction in December 2012 but later changed to a contract between

Four new power plants to go for production

Four more power plants are set to go in production on Thursday. The plants have a cumulative capacity of generating 535-megawatt electricity. PM’s Power and Energy Adviser Tawfiq-e-Elahi Chowdhury said Prime Minister Sheikh Hasina will formally launch the power production from her official residence Ganabhaban on PowerThursday. The PM will also inaugurate electricity connection to 6,000 households in Gopalganj. The new plants are gas-fired 225MW Combined Power Cycle in Ashuganj, 150MW Dual Fuel Plant in Gazipur’s Kodda, 108M...

India set to seal major power deal in BD, beating China

State-run Indian firm Bharat Heavy Electricals Ltd (BHEL) is poised to seal a contract to build a $1.6 billion power plant in Bangladesh, beating out a Chinese competitor in the latest commercial tussle between the region’s two dominant powers. After China’s recent success in pushing development projects in Sri Lanka, a breakthrough in Bangladesh would be welcome news for Indian officials who have long fretted over Beijing’s encroachment on to territory it considers its own back yard. India believes Bangladesh is a part of a “String of Pearls” China is building across the Indian

India secures $1.6b Bangladesh power project order

As part of its neighbourhood-first foreign policy, the National Democratic Alliance government has adopted an aggressive financing approach to set up infrastructure projects in the bordering countries. A case in point being the largest overseas power project order of $1.6 billion, set to be secured by state-run Bharat Heavy Electricals Ltd (Bhel) in Bangladesh. Competing against Chinese manufacturers, Bhel emerged as the lowest bidder, facilitated by concessional finance from the Export-Import Bank of India (Exim Bank). The exercise led by the Prime Minister’s Office (PMO) marks the culmination of India’s efforts to impress Bangladesh to allow Bhel to bid for the coal-fuelled power project. “We have been trying to bid for this project for a long time. We finally approached the PMO...

BD to buy electricity from Tripura at Tk 6.44 per unit

Bangladesh struck to a deal with India on Saturday over importing 100 megawatt electricity from the Palatana power plant in Tripura of India. PowerThe state minister for power, energy and mineral resources, Nasrul Hamid, in a meeting with Tripura’s power minister fixed the electricity price at US$ 0.8 per unit. The price stands at Tk 6.5 and Indian 5.5 rupees per unit. The power import is expected to start from February.
Verified by MonsterInsights