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Power
Another 100MW power added to national grid
Bangla Trac Power Unit-2 Ltd’s ongoing power project, built in Noapara, Jashore has successfully added 100MW electricity to national grid on 16 April 2018. Besides, another 200MW power plant of Bangla Trac Power Unit-1 Ltd has been built at Daudkandi, Cumilla, said a press release. Currently, it is running on an experimental basis and soon it will also be able to supply electricity to national power grid. About the work of Bangla Trac Group, to meet the increasing demand of electricity, the company Chairman Mohammad Aminul Haque said, “A  fully dedicated team have been working hard to meet the increasing demand of electricity in Bangladesh for a long time. We are really excited to successfully add 100MW electricity to national grid.” Bangla Trac Group’s Managing Director Tarique Ekramul Haque said, “We are happy to successfully run the Bangla Trac Power Unit-2 Ltd’s power plant. Our goal is to provide electricity to every part of the country and we will be working efficiently to meet the goal.” Bangla Trac Limited is a leading business group in Bangladesh with key interests in infrastructure, power, telecommunications and quick service restaurants.
World Bank to support electricity transmission and renewable energy in Bangladesh
April 17, 2018 Tuesday 6:12 AM By News Desk, energynewsbd.com
World Bank has agreed to support Bangladesh by providing it with $450m to strengthen its electricity transmission network. The project, known as Enhancement and Strengthening of Power Transmission Network in Eastern Region Project will improve reliability of electricity supply and reduce load shedding in the eastern region. It will covering greater Cumilla and Noakhali and part of greater Chittagong, said a press release. Besides, about 275,000 households and 16,000 agricultural consumers are expected to receive new electricity connections. Under the project, 13 new substations will be built while an existing one will be rehabilitated in the country’s eastern part. These new substations will also help to integrate renewable energy and new energy generations to the grid. As per the project, one 230 kV transmission line through greater Cumilla and four short distance 132 kV lines in Cumilla and Noakhali areas will be built. World Bank Bangladesh, Bhutan, and Nepal country director Qimiao Fan said: “In recent years, Bangladesh has significantly increased power generation. That significantly increased power generation requires improvement and expansion of the transmission and distribution system to get to consumers. “By supplying uninterrupted power to the Mirsharai Economic Zone, port, airport or other key economic facilities, the project will help unlock private sector and job growth.” Recently, Bangladesh also secured $55m from the World Bank to expand the use of clean and renewable energy in rural areas where grid electricity cannot reach easily. This is an additional financing to the Second Rural Electrification and Renewable Energy Development (RERED II) Project. As part of the project, 1000 solar irrigation pumps, 30 solar mini-grids, and about 4 million improved cookstoves in rural areas will be installed. The project is expected to provide 10 million people living in villages, shoals, and islands to access electricity and use energy efficient cookstoves.  Under the project, 10 solar mini-grids have already been built in remote areas, including islands and shoals to provide grid quality electricity.
Category: Power
Govt to import 500MW power from India
April 12, 2018 Thursday 10:58 PM By News Desk, energynewsbd.com
The government is set to import 500 megawatt electricity on a short and long-term basis from India to meet the growing demand for power in the country. The proposal to import electricity from two Indian companies for Tk 4.71 to Tk 6.54 kW/h has already been approved by the cabinet committee on purchase on Wednesday. The short-term would be from June 2018 to December 31, 2019. Bangladesh will purchase 300MW of electricity from NTPC Vidyut Vyapar Nigam (NVVN) for Tk 4.71 kW/h ($0.0566) and 200MW from PTC India for Tk 4.86 kW/h ($0.0584). The same companies will also provide power over the long-term: from January 1, 2020 to May 31, 2033. Indian company NVVN will supply 300MW at a cost of Tk 6.48 kW/h ($0.0779) and PTC India Ltd will supply 200MW power at a cost of Tk 6.54 kW/h ($0.0786). Bangladesh has been importing 500MW of electricity from the neighbouring country through the inter-connection grid line from 2013. The tenure for the arrangement will end in June. Another 160MW of electricity is being imported from Tripura from March 2016. The cabinet committee on economic affairs held a meeting before the meeting of the purchase committee.   The economic affairs committee approved the import of liquefied natural gas from Oman on a government-to-government basis.
Category: Power
PGCB constructs new grid sub-station at Payra
April 12, 2018 Thursday 8:09 PM By News Desk, energynewsbd.com
State-owned Power Grid Company of Bangladesh (PGCB) will construct a new grid sub-station at Payra in Patuakhali district with a view to evacuating power from under-construction power plant. PGCB secretary Md Ashraf Hossain and Energypac Ltd manager ATM Zakaria signed the deal on behalf of their organisations in Dhaka on Wednesday. The PGCB signed a deal with local EnergyPac Engineering Ltd for construction of 132/11 kV sub-station at Payra, said a press release. The government is implementing a series of power plants and a deep sea port at Payra in Patuakhali. Then, the PGCB will require implementing the sub-station for smooth evacuation of the newly generated electricity. The Energypac will implement the grid sub-station within nine months as per Tk 31.72 crore deal under turn key basis, official said. Payra will receive electricity from 33kV and 11kV Patuakhali grid sub-station. Payra has already started facing overvoltage and technical glitz for receiving electricity from about 45 kilometers away. PGCB managing director Masum-Al-beruni, executive directors Mohammed Safiullah, Chowdhury Alamgir Hossain, Md Amdadul Islam and Md Safayet Hossain, project director Md Anamul Huq and EnergyPac chief executive officer Rabiul Alam attended at the signing function.
Category: Power
PM opens Bheramara 410MW Power Plant
April 12, 2018 Thursday 7:24 PM By BSS
Prime Minister Sheikh Hasina on Thursday opened Bheramara 410MW Combined Cycle Power Plant and cent percent electrification in 15 upazilas renewing her call to the people to be economical in using electricity. The premier inaugurated the power plant and cent percent electrification in 15 upazilas through a videoconferencing from her official Ganabhaban residence here this morning. From the same function, she opened innovative online training platform “Kusholi”. The Bheramara combined cycle duel fuel power plant was constructed at a cost of Tk 3,784.98 crore. Of the amount, the government provided Tk 634.72 crore while the rest came as project assistance. The North-West Power Generation Company Ltd, an organisation of the Power Development Board, implemented the project at Bahirchar in Bheramara upazila of Kushtia. The 15 upazilas brought under 100 percent electrification are Dhamrai of Dhaka, Nikoli of Kishoreganj, Rauzan of Chittagong, Pirganj of Rangpur, Khoksha of Kushtia, Debhata of Satkhira, Rupsha, Fultala and Dighalia of Khulna, Bagatipara of Natore, Bera of Pabna, Bianibazar of Sylhet, Dinajpur Sadar and Birampur of Dinajpur. With these upazilas, cent percent electrification facilities were inaugurated in 51 upazilas of the country. “Kusholi” is a web-based learning management system or software used to plan, implement and assess a specific learning process. It will support Bangladesh’s expanding electricity needs over the next three decades, while anyone can join the training from anywhere in Bangladesh. Jatiya Sangsad Speaker Dr Shirin Sharmin Chowdhury also spoke on the occasion. Power Division Secretary Dr Ahmed Kaikaus made a power point presentation on the past, present and future of the electricity in Bangladesh, while PM’s Principal Secretary Md Nojibur Rahman moderated the function. Information Minister Hasanul Haq Inu, Education Minister Nurul Islam Nahid, State Minister for Power, Energy and Mineral Resources Nasrul Hamid were present.  Besides, chairman of the Parliamentary Standing Committee on Power, Energy and Mineral Resources Tazul Islam, Jatiya Sangsad Whip Atiur Rahman Atiq, the Japanese Charge d’Affaires in Dhaka, parliament members and senior officials of the Prime Minister’s Office were present at the function, among others. Later, the prime minister exchanged views with the cross section of people including government officials, public representatives, teachers, guardians, students, freedom fighters and beneficiaries through the videoconferencing.
Category: Power
APSCL, Chinese consortium sign 400 MW power plant deal
March 20, 2018 Tuesday 10:40 PM By UNB
State-owned Ashuganj Power Station Company Ltd (APSCL) on Tuesday signed an engineering, procurement and construction (EPC) contract with a Chinese consortium to build a 400 MW power plant on its premises. As per the contract, the China National Technical Import and Export Corporation (CNTIC) and China National Corporation for Overseas Economic Cooperation (CCOEC) will supply and construct Ashuganj 400 MW combined cycle (East) project at a contract value of US$ 177.76 million (equivalent to Tk 1,473.82 crore) within next 36 months. Asian Development Bank (ADB) and Islamic Development Bank (IDB) financed the project along with the Bangladesh government with having APSCL’s own funding.  Addressing the contract signing ceremony at Sonargaon Hotel in the city, State Minister for Power Nasrul Hamid said the APSCL will float bonds in the local market to mobilise fund from the general public. He said this will provide the local investors to be partners in the government’s company that will ultimately facilitate the company to be more transparent and accountable to spend its money. Bangladesh is going to celebrate its graduation from LDC to developing country where the country’s power sector had a big role in achieving the success, the minister said. The function, with PDB Chairman Khaled Mahmood in the chair, was also addressed by prime minister’s Advisor Dr Tawfiq-e-Elahi Chowdhury, prime minister’s SDG coordinator Abul Kalam Azad and power division secretary Dr Ahmed Kaikaus and managing director of APSCL Engr. AMM Sazzadur Rahman.
Category: Power
Govt to build 150 MW plant for Mirsarai Economic Zone
February 10, 2018 Saturday 5:24 PM By News Desk, energynewsbd.com
The government will build a 150 megawatt (MW) dedicated power plant for Mirsarai Economic Zone to supply electricity to the industrial units to be set up there. BR Powergen Ltd, a joint venture (JV) of the two state-owned power companies - Bangladesh Power Development Board (BPDB) and Rural Power Company Ltd (RPCL), will build the power plant at Economic Zone. BR Powergen Ltd inked an engineering, procuring and construction agreement (EPC) with Chinese firm Sinohydro Corporation Ltd at Biduyt Bhaban in the city on February 5, 2018 to implement the power plant project. Md Abdus Sabur, managing director of BR Powergen Ltd and Zhao Qiming, Managing Director of Sinohydro Corporation Ltd signed the agreement on behalf of their organization. Sinohydro will install the power plant as the EPC contractor within the next 15 months at a contract value of US$107 million (Tk 8.90 billion). The deal signing ceremony was also addressed by Power Division secretary Dr. Ahmad Kaikaus, Executive Member (Planning and Development) of Bangladesh Economic Zones Authority (BEZA) M Emdadul Haque, BPDB chairman Khaled Mahmood, Bangladesh Rural Electrification Board (BREB) chairman Major General (retd) Moin Uddin and BR Powergen Ltd managing director Md Abdus Sabur.  
Category: Power
Survey finds 87% consumers satisfied with power supply
January 23, 2018 Tuesday 11:45 AM By News Desk, energynewsbd.com
Around 87 percent people are satisfied with the power supply situation in the country, according to a survey conducted by the Bangladesh Bureau of Statistics (BBS). BBS in association with Bangladesh Energy and Power Research Council (BEPRC) conducted the survey on 19,600 mobile phone users during the period between October 2016 and February 2017 to cover winter and summer both. The findings of the survey were released at a press briefing at the Bidyut Bhaban on Monday. BBS director CS Roy presented the report while State Minister for power Nasrul Hamid, EPRC Chairman Shahin Ahmed Chowdhury and BPDB chairman Khaled Mahmud were present on the occasion. Also, almost 80 percent of the people have confidence in power system development plan undertaken by the government, finds the survey. According to the survey, 11 per cent of the respondents said they do not have access to electricity while 7.6 per cent said they get electricity from solar panel. Besides, 82 per cent of the respondents said they are connected with the national grid. Some 19,600 cell phone users -- 73.6 per cent from rural areas and 17.9 per cent from urban areas-- finally took part in the survey. According to the survey, 8.5 per cent of the respondents are engaged in industrial production, 12.2 per cent in irrigation and 24.9 per cent in business while 54.3 per cent do not have any economic activities. Some 13.1 per cent of the respondents said they are not satisfied with electricity service they get. The rest 45.8 per cent said they are satisfied, 11.2 per cent are very satisfied and 29.9 per cent are moderately satisfied. The survey said 12.1 per cent of the respondents use electricity for cooking. Most of power consumers live in city corporation and municipality areas while only 7 per cent live in rural areas. The survey said 79.7 per cent of the respondents have trust in future programmes of the government in power sector while 5.6 per cent shows distrust and rest 14.7 per cent are not sure about the programmes. Speaking at the programme, Prime Minister`s energy adviser Dr Tawfiq-e-Elahi Chowdhury said 90 per cent people in the country accessed to electricity in last nine years. He said though the government covered 90 per cent area of the country with electricity, but the quality of electricity supply was not ensured. "Now we will give more attention to the quality of electricity supply," he said. Power Division Secretary Dr Ahmad Kaikaus said 4,427 MW electricity will be added to the national grid in the fiscal year 2018-19. In May 2016, Bangladesh Energy and Power Research Council (BEPRC) and Bangladesh Bureau of Statistics (BBS) signed a Memorandum of Understanding (MoU) to conduct the opinion survey.    
Category: Power
DPDC pre-paid consumers to get recharge from Grameen Phone
January 5, 2018 Friday 6:26 PM By News Desk, energynewsbd.com
State-owned Dhaka Power Distribution Company Limited (DPDC) signed an agreement with mobile phone operator Grameen Phone (GP) for vending its pre-paid meter. Company Secretary of DPDC Jayanta Kumar Sikder and Head of Financial Services of GP Rasheda Sultana signed the agreement on behalf of their respective organisations at DPDC conference room in Bidyut Bhaban in Dhaka on December 31, 2017. DPDC consumers will be able to visit Grameen Phone authorised agent points with pre-paid meter smart card and recharge their smart card. Power Division Secretary Dr Ahmad Kaikaus, Managing Director of DPDC Engineer Bikash Dewan and Chief Corporate Affairs Officer of GP Mahmud Hossain were present at the signing ceremony. Power Division secretary Ahmad Kaikaus said that the power division planned to offer the technological advantages for recharging cards for ensuring hassle-free use of prepaid electricity meters across the country. DPDC Managing Director Bikash Dewan said that the service would offer more comfort to the prepaid electricity meter users as the GP service would run parallel to the DPDC’s current vending service. Initially, the vending service at retail shops will be available for the prepaid electricity consumers living in Lalbagh and Azimpur areas in Dhaka city while the service will be available in a month in the entire distribution area of the DPDC.
Category: Power
Move underway to create 9,000 MW power generation hub at Payra
December 25, 2017 Monday 1:49 PM By UNB
A move is underway to create a 9,000 MW power generation hub at Payra area of Patuakhali in the southwestern region of Bangladesh. Disclosing the plan, State Minister for Power and Energy Nasrul Hamid said Payra will be another power hub like the two others being created in Maheshkhali and Matarbari in Chittagong in the eastern region of Bangladesh. “We’ve drawn up the plan for Payra power hub considering the uplifting of the country’s southern region, which remained under-developed compared to other regions of the country,” he told reporters while visiting the construction site of a 1320 MW power plant, now being installed in the area. The state-owned North-West Power Generation Company Ltd (NWPGCL) is installing the 1320 MW coal-based power plant in joint venture with Chinese state owned company CMC (China National Machinery Import and Export Corporation). First unit of the plant, having two units of each 660 MW, is expected to come into commercial operation in April 2019 and second unit in October of the same year, said A M Khurshedul Alam, managing director of the NWPGCL. The state minister visited the plant site on Friday along with a group of journalists from Dhaka. NWPGCL and Forum for Energy Reporters Bangladesh (FERB) jointly organised the tour. NWPGCL officials informed that the construction works is now going on in full swing keeping in mind the timely completion of the project. Nasrul Hamid said about $160 billion is being spent for the project of which 80 percent is debt and 20 percent is equity investment by the Bangladesh side and Chinese side where each has 50% share. He said the proposed 9000 MW power hub will require about $12 billion investment where NWPGCL will implement some projects having total 6000 MW capacity. The remaining 3000 MW will come from investment by some other state-owned companies like RPCL and APSCL. The State Minister said the plant will use coal coming from Indonesia and Australia and the coal will be utilised in a process so that it would not create any pollution in the area. “This will be an absolutely cleanest power plant as coal will be stored in a covered area,” he said. The coal will be unloaded in the power plant’s own jetty and directly come to the plant through conveyer belt.  He also informed that the Payra will have not only coal-fired plants. Rather, it will have solar power and LNG-based power generation projects as well. Officials said NWPGCL will implement a 100 MW solar and 50 MW wind power project projects. The NWPGCL and CMC have formed a joint venture company— Bangladesh-China Power Company (Pvt) Limited (BCPCL) to implement the 1320 MW plant. It has already appointed a China-based consortium of NEPC and CECC as engineering, procurement and construction (EPC) contractor to install the project. An official of the Chinese consortium Zhu Yue Yong noted that about 6000 workers now remained engaged to set up the projects where 1500 are Chinese and 4500 are local Bangladeshis and so far 37 percent of the construction works were completed. He informed that they have completed the pilling works and now the boiler house is being built. Afterwards, the turbine and generator will be installed phase by phase.     
Category: Power
Summit Gazipur-II Power Ltd signs 300 MW project agreement with government
December 10, 2017 Sunday 11:01 PM By News Desk, energynewsbd.com
Summit Gazipur-II Power Ltd has signed a project agreement with Bangladesh government to supply 300 MW (net) of electricity for a period of 15 years at Bidyut Bhaban, Dhaka on Sunday. Under this agreement, Power Purchase Agreement (PPA) and Implementation Agreement (IA) were signed. The Power Purchase Agreement (PPA) was signed by Bangladesh Power Development Board (BPDB) Secretary Mina Masuduzzaman and Managing Director of Summit Gazipur-II Power Ltd Engr Md Mozammel Hossain. The Implementation Agreement (IA) was signed by Joint Secretary (Development) of Power Division Sheikh Foyzul Amin, Secretary of Power Grid Company of Bangladesh (PGCB) Md Ashraf Hossain and Managing Director of Summit Gazipur-II Power Ltd Engr Md Mozammel Hossain. State Minister for Power, Energy and Mineral Resources Nasrul Hamid was present as the chief guest while Secretary of Power Division Dr Ahmad Kaikaus was the special guest at the ceremony. Other senior officials such as Chairman of BPDB Engr Khaled Mahmood, Managing Director of PGCB Engr Masum Al-Beruni, Chairman of Summit Group Muhammed Aziz Khan, Vice-Chairman of Summit Group  Muhammad Latif Khan, Vice-Chairman of Summit Group Md Farid Khan, Additional Managing Director of Summit Corporation Faisal Khan,  Managing Director of Summit Power Limited  Lt General (Retd) Engr Abdul Wadud were also present. According to the agreement, by mid-2018, the Summit Gazipur-II Power Ltd will commence commercial operation. Earlier on August 10, 2017, the Summit Gazipur-II Power Ltd had received Letter of Intent (LOI) from the BPDB. Summit Gazipur-II Power Ltd is a joint venture project company of Summit Corporation Limited and Summit Power Limited (SPL), a publicly listed company in Bangladesh. Summit Gazipur-II Power plant is located in Kodda, Gazipur about 30 km away from Dhaka city. This will be a HFO fuel-based power plant that will run onefficient reciprocating engines from Wärtsilä, Finland. When it will be operational in mid-2018, it is expected to be the largest reciprocating engine run power plant in Bangladesh supplying 300 MW to the national power grid. At the same location, Summit is also constructing another power plant with 149 MW capacity.  
Category: Power
Higher power tariff from December
November 23, 2017 Thursday 10:51 PM By UNB
The Bangladesh Energy Regulatory Commission (BERC) on an average raised retail power tariff by 5.3 percent or Tk. 0.35 per unit. It, however, decided not to raise bulk tariff. At present, average per unit cost of electricity at the retail level is Tk 6.49. After the increase, it will go up to Tk 6.84 per unit.    BERC Chairman Monwar Islam announced the decision saying that the new tariff will come into effect from December. The regulatory body announced its decision at 3 pm on Thursday on power tariff hike proposals placed by different state-owned companies. BERC chairman also said that the minimum charge of the consumers was withdrawn for which monthly power bill will be reduced of about 3 million “lifeline consumers.” This class of consumers monthly consumes 0-50 units each. Moreover, he said, retail tariff rate of about 6 million consumers under the Rural Electrification Board (REB) will remain unchanged. As a result, in total, there will be no hike in power tariff of about 38 percent consumers, claimed the regulator boss. The BERC had last raised the gas and powers tariff in September 2015 by 2.93 percent and 26.29 percent respectively on average at the consumer level. Under the new tariff structure, the residential consumers of 0-50 units will pay Tk 3.50 per unit while consumers of upto 75 units will pay Tk 4 per unit, consumers of 76-200 units at Tk 5.45 per unit, 201-300 units users will pay Tk 5.70 per unit, 301-400 units users Tk 6.02 per unit, 401-600 unit users Tk 9.30 per unit, and users above 600 units will pay Tk 10.70 per unit from December 2017.   Explaining the reason for not raising the bulk tariff rate, member of the BERC Mizanur Rahman said a number of adjustments were made in the expense of bulk consumers, which are mainly the power distribution companies that cut their increased expense. Secondly, about Tk 3600 crore of the government grant or subsidy was expected in the calculation of the bulk consumers which offset their cost enhancement and it does not need to increase the bulk rate, he said.       The PDB’s per unit revenue requirement was Tk 5.44 against the existing average bulk tariff of Tk 4.84 per unit. Mizan also said the government does not need to increase power tariff even if the costly imported LNG was supplied to the power plants as at that situation some dual fuel plants will run on imported gas, not by liquid fuel. He also admitted that if the government reduces the liquid fuel price, than it will give a scope to reduce the electricity tariff. Earlier, the Commission held a series of public hearings on their proposals from September 25 to October 5. It also held a special public hearing on power tariff reduction proposal placed by the Consumers Association of Bangladesh (CAB) to reduce the bulk power tariff. CAB has proposed reducing the bulk tariff price by Tk 1.32 per unit taking different measures and implementing the previous BERC order to ensure the purchase of lowest-cost electricity by Bangladesh Power Development Board (PDB). Earlier, the PDB proposed raising the power tariff by 15 percent per unit at the bulk level.
Category: Power
Deals signed to import 1600 MW power from Indian Adani Group
November 20, 2017 Monday 12:41 PM By News Desk, energynewsbd.com
The government recently signed two deals -- power purchase agreement (PPA) and Implementing Agreement (IA) -- with Indian giant power conglomerate Adani Power Ltd for importing 1600MW of electricity. Power Division Joint Secretary Faizul Amin, Bangladesh Power Development Board (BPDB) Secretary Mina Masud Uzzaman and Adani’s Business Development President Kandarp Patel signed the agreements at Bidyut Bhaban in Dhaka. The group’s wholly-owned subsidiary company Adani Power (Jharkhand) has signed a long-term power purchase agreement (PPA) for the net capacity of 1496 MW with Bangladesh Power Development board for 25 years, according to a company document submitted to Bombay Stock Exchange. The power supply under the PPA will be made from a new 1600 MW ultra-supercritical coal-based power plant to be set up by Adani Power (Jharkhand) at Godda, Jharkhand. Bangladesh will import the electricity from the Adani Power Limited-sponsored 1600MW plant at Jharkhand paying 8.612 US cents (Tk 6.890) per unit for a 25-year period, officials confirmed. Bangladesh is now importing 640MW of electricity from India at Tk 4.92 per unit on average. The government signed a Memorandum of Understanding (MoU) on August 11, 2015 with the Indian firm to import electricity.  The Indian company said it would invest $2.12 billion to set up the proposed power plant in Jharkhand with a view to exporting 1600MW of electricity to Bangladesh. The company is hopeful of installing the first unit of the plant within 44 months and the second unit within 50 months after signing a contract.
Category: Power
Summit Power International appoints three independent directors
November 20, 2017 Monday 12:18 PM By News Desk, energynewsbd.com
In line with plans to strengthen and expand its Board of Directors, Summit Power International (SPI) is pleased to announce the appointment of three new non-executive independent directors to strengthen the strategic leadership and corporate governance of SPI. The three independent directors joined Summit Power International (SPI) Board, a Singapore incorporated power producer,are Abdullah Tarmugi, Lim Hwee Hua, and Tang Kin Fei. With the addition of these new Directors, the Board of SPI has eight Directors, three of whom are independent, said a press release from Summit Group. Abdullah Tarmugi will chair the Nominating Committee and the Remuneration Committee. Lim Hwee Hua will chair the Audit Committee. Tang Kin Fei will chair the Strategy and Investment Committee. Abdullah Tarmugi is a member of the Presidential Council for Minority Rights, Previously, Abdullah was the Speaker of Parliament from various ministerial positions. Lim Hwee Hua is a Director of Tembusu Partners Pte. Ltd, Lim served as an elected Member of Parliament between 1996 and 2011. Tang Kin Fei is Director and Deputy Chairman of SIA Engineering Company. Previously, he was the Group President and Chief Executive Officer of Sembcorp Industries Ltd. Muhammed Aziz Khan, Founder Chairman of Summit Power International and Summit Group said: “On behalf of my fellow directors and management, I enthusiastically welcome Abdullah Tarmugi, Lim Hwee Hua, and Tang Kin Fei to the Board of Summit Power International. We are committed to maintaining high standards of corporate governance and believe that the appointment of these highly accomplished directors will bring great expertise and experience to the Board and its committees. We look forward to their strategic insights and intellectual guidance as we take Summit Power International to the next level of growth and aim to become the leading provider of energy solutions in emerging Asia.” Summit Power International is a member of the Summit Group, one of the largest infrastructure-focused conglomerates in Bangladesh, employing over 7,000 people across energy, ports, shipping, hospitality, and information technology.
Category: Power
Joint venture to produce 600MW of power in Matarbari
November 12, 2017 Sunday 12:41 PM By News Desk, energynewsbd.com
A joint venture between Japan`s Mitsui and Co and a state-run Bangladeshi company is going to set up a liquefied natural gas-based power plant at Matarbari in Maheshkhali upazila to produce 500-600 megawatt of power. Coal Power Generation Company Bangladesh Ltd signed a memorandum of understating with Mitsui and Co to this effect in Dhaka on November 8, 2017 according to a press release of the power, energy and mineral resources ministry. The companies will have 50-50 ownership in the joint venture that will complete the project by 2021. The government has taken initiatives to import a huge amount of LNG from next year. Both land-based and floating LNG terminals will be set up. The government has approved two floating LNG terminals, each of which will supply 500 million cubic feet of gas per day. In July, state-run Petrobangla and US-based Excelerate Energy signed the final deals to set up Bangladesh`s first LNG terminal in Maheshkhali, which will supply gas to the national grid from early 2018.
Category: Power
MoU inked for 3600 MW Payra power plant by 2021
November 5, 2017 Sunday 10:09 PM By Staff Correspondent, energynewsbd.com
Germany based Siemens AG on Sunday signed a Memorandum of Understanding (MoU) for setting up a 3600 megawatt (MW) combined cycle power plant based on Liquefied Natural Gas (LNG) by 2021 at Payra in Patuakhali district. The state-run North-West Power Generation Company Limited (NWPGCL) and Germany based Siemens AG signed the MoU to build the 3600-MW power plant having three units, each having electricity generation capacity of 1,200 MW, by December 2021. Managing Director of NWPGCL Engineer AM Khurshedul Alam and Chief Executive Officer of Siemens South Asia Sunil Mathur signed the MoU on behalf of their respective sides at Bidyut Bhaban in Dhaka. Prime Minister`s Energy Advisor Dr Towfiq-E-Elahi Chowdhury witnessed the signing ceremony as the chief guest, while State Minister for Power, Energy and Mineral Resources Nasrul Hamid and Ambassador of the Federal Republic of Germany Dr Thomas Prinz were present as the special guests. Dr Towfiq-E-Elahi Chowdhury said workshops and training programmes would help engineers to make them skilled for operating modern equipment in the power sector. He urged authorities concerned for arranging workshops and training programmes in future. Nasrul Hamid said this is the single largest investment from Germany, adding, "The estimated cost is $ 2.8 billion including debt of $ 2.4 billion and equity $ 400 million." He said the German government came forward with the largest investment showing their trust in Prime Minister Sheikh Hasina`s government. Ambassador of the Federal Republic of Germany to Bangladesh Dr Thomas Prinz said the German government stood beside Bangladesh on the Rohingya crisis, adding, "We are keen to be a reliable development partner of Bangladesh and Germany is the single largest buyer of RMG (readymade garment)." According to the project details, it will be implemented in three phases on 100 acres of land adjacent to Payra 1320-MW Thermal Power Plant site by establishing a joint venture company (JVC) as a project company. It is expected that the first unit of the plant with 1200-MW generation capacity will go into operation in June 2020, while the second with the same generation capacity in December 2020 and the third in December 2021. The project also stipulates that the efficiency of the machine will be more than 60 percent and the plant will be operated by imported LNG, while the power will be transmitted through 400 kV transmission line (Under Construction) from Payra Power Plant to Dhaka via Gopalganj. The companies will also construct the LNG terminal there for ensuring availability of necessary natural gas to generate electricity.
Category: Power
NESCO proposes 15.30% retail power price hike
October 4, 2017 Wednesday 9:16 PM By Staff Correspondent, energynewsbd.com
State-owned Northern Electricity Supply Company Ltd (NESCO) on Wednesday proposed hiking its electricity tariff by 15.30 percent considering the proposed increase in bulk tariff.   NESCO presented the proposal at the public hearing organised by Bangladeshi Energy Regulatory Commission or BERC at the TCB Auditorium in Dhaka. According to the company`s proposal, the existing average retail tariff is Tk 6.73 per unit while it wants it to be raised to Tk 7.76 per unit.  NESCO is a new state-owned company which was established in October last year in the districts under Rajshahi and Rangpur divisions taking over the power distribution activities from the Power Development Board. Placing the proposal at the public hearing arranged by the BERC, Md Zakiul Islam, Managing Director of the NESCO, said they need to raise the tariff to cover its loss because of enhanced staff salary and some development works. The BERC technical committee, which evaluated the tariff hike proposal, said the company may raise its tariff maximum by Tk 0.89 per unit.
Category: Power
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‘Power supply may improve by Saturday’
Uttara to get improved power supply as high voltage underground cable to be replaced
BREB runs special campaign at 80 Palli Biddyut Samitis to stop corruption
Construction of 1,320MW coal-based power plant in Rampal starts in May
‘Plan to generate 10,000 MW electricity during Ramadan’
30 lakh new consumers to be added in BREB this year
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