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Industry

Azim Group Global Steel launched

Azim Group, a multi-national garments holding company based in Bangladesh, recently has launched an enterprise- ‘Global Steel and Engineering Limited’ at Shailabil, Paruhala, Dhamrai, Dhaka. With the launch of the enterprise, Azim group sets its footprint into the steel industry. Azim Group is one of the pioneers in garments industry of Bangladesh. It has been exporting readymade garments to various markets of the world including USA, Europe, South America, Russia, Japan, China and Australia. AMI_6898To step into anothe...

Bhutan to supply hydropower to Bangladesh

Leaders of India, Bhutan and Bangladesh may soon formally sign and join hands to build a 1,125 MW hydropower project in Bhutan as trilateral memorandum of understanding (MoU) on this has been finalised by the three Asian countries. Bhutan would export the power to Bangladesh produced from this project, via India. Bangladesh plans to invest in the 1,125 megawatt Dorjilung hydropower project in Bhutan’s Lhuentse district. The Government of Bangladesh earlier approved $1 billion for investment in Bhutan’s hydropower. The project could boost Bhutan’s plan to become a hydroelectric power juggernaut and battery

Indonesia offers LNG supply to Bangladesh

Indonesia has offered to supply liquefied natural gas (LNG) to Bangladesh to meet its (Bangladesh) growing energy demand. The proposal came when Indonesian Ambassador to Bangladesh Iwan Wiranata-atmadja paid a farewell call on Prime Minister Sheikh Hasina at her Jatiya Sangsad office here on Sunday evening. After the meeting, PM's Press Secretary Ihsanul Karim briefed reporters. The Indonesian ambassador highly appreciated visionary and dynamic leadership of Prime LNGMinister Sheikh Hasina and said Bangladesh achieved stunning s...

Uzbekistan, BD boosting tourism cooperation

The Embassy of Bangladesh in Uzbekistan hosted an event dedicated to the tourism cooperation between the two countries, reports UzA. 18-_DSC5215Ambassador of Bangladesh Mosud Mannan speaking at the event said that the relationship between Bangladesh and Uzbekistan are developing in various spheres, including in tourism. “We have a huge opportunity for development of partnership in the fields of tourism, business, ecotourism, medicine, culture and etc. We plan to establish air communication between Tashkent and...

PPA signed for 200MW solar plant

Southern Solar Power, a subsidiary of bankrupt firm SunEdison, has signed a power purchase agreement (PPA) with state-run Bangladesh Power Development Board (BPDB) for a 200MW grid-connected solar park in southern Bangladesh, according to a filing on the Dhaka Stock Exchange. solar-450x219Following from an earlier memorandum of understanding, Midland Power, an association of local energy firm Shajibazar Power (SPCL), will act as local partner by subscribing 20% equity. The filing contained no other detail, but...

CPP wins contract for BD crude oil pipeline

Bangladesh has awarded China Petroleum Pipeline Bureau (CPP) a US$694 million contract to build a ship-to-shore crude oil pipeline. CPP, a subsidiary of China National Petroleum Corporation (CNPC), will construct an oil tanker mooring platform and a 146-km pipeline under the Bay of Bengal to the coast, as well as 74 km china-petroleum-pipeline-bureau-cppof onshore pipeline to connect new storage tanks with the country’s only refinery at Chittagong. The deal was final...
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