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Mitsubishi to acquire 25pc stake in Summit LNG terminal
Japan’s Mitsubishi Corporation on Friday said it agreed to acquire 25 per cent of Bangladesh’s Summit Liquefied Natural Gas (LNG) terminal and planned to help develop an offshore receiving site in the South Asian country. Summit LNG’s project plans call for a floating storage and regasification unit (FSRU) to be installed off the coast of Moheshkali, where it will receive and regasify LNG procured by Petrobangla, the country’s national oil and gas company. Construction of the terminal has already begun, with commercial operation expected to start in March 2019. The planned LNG import volumes are about 3.5 million tonnes per annum, Mitsubishi said. Bangladesh’s economic growth rose by 7.28 per cent in the financial year through mid-2017, and its population is expected to climb to over 185 million by 2030, boosting demand for electricity and LNG for power generation. Summit and Mitsubishi have agreed to jointly pursue other LNG projects in Bangladesh, said the Japanese company, from the supply of the super-chilled fuel to power generation. In March this year, the two companies signed a memorandum of understanding to jointly pursue an integrated LNG-to-power development consisting of an on-shore LNG receiving terminal, associated LNG supply and construction of 2,400-megawatt gas-powered.  
BREB chief declares zero tolerance against bribe
August 12, 2018 Sunday 3:52 PM By News Desk, energynewsbd.com
The Bangladesh Rural Electrification Board (BREB) chairman has issued a strict order to the engineers, officers and staff of the board to stop corruption and irregularities at the field-level. Zero tolerance will be showed against bribe, corruption and irregularities in delivering services to the BREB subscribers, warned Major General (Retired) Moin Uddin. He was speaking as the chief guest at a conference, organised by the board for its deputy general managers (DGMs) at the BREB head office in the capital on Saturday. More than 300 DGMs along with BREB’s field-level superintendent and executive engineers under the 80 Rural Power Cooperatives (Palli Bidyut Samity) across the country took part in the conference. Addressing the programme, Moin Uddin gave a strict order to them to adhere to the zero tolerance policy and ensure subscriber-friendly services at the field level. “Action will be taken against those who will be found involved in any sort of corruption, bribery and irregularities in delivering services to the clients,” the BREB chairman said. BREB members Joynal Abedin and Md Mostafa Kamal were present, among others.
Category: Power
ECNEC approves smart electricity prepaid meter project for Dhaka
August 8, 2018 Wednesday 3:22 PM By News Desk, energynewsbd.com
The Executive Committee of the National Economic Council (ECNEC) has approved a total of 11 projects, including the smart electricity prepaid meter installation project for Dhaka city. The approval came at a meeting of the ECNEC held in the city on Tuesday, with Prime Minister Sheikh Hasina in the chair. The 11 projects involve Tk 64.48 billion. Under the prepaid meter project, The Dhaka Electric Supply Company Ltd. (DESCO) will install 0.2 million electricity meters for its subscribers in the city at a cost of Tk 1.86 billion. After the installation of prepaid meters, consumers would have to pay bills in advance. Emerging from the ECNEC meeting, Planning Minister AHM Mustafa Kamal said the meeting approved 11 projects involving Tk 64.48 billion. Ministers, Planning Commission members and officials of different ministries were present at the ECNEC meeting.
Category: Power
Coal mine blast kills four in southern China, another nine missing
August 7, 2018 Tuesday 1:02 PM By Reuters
Four workers were killed and nine were missing after an explosion at a small coal mine in China’s Guizhou province on Monday night, state-owned Xinhua News reported on Tuesday citing local authorities. The incident happened at Zimujia coal mine, run by private-owned Pannan Coal Investment Co, in Panzhou city. The coal mine has designed annual capacity of 300,000 tonnes. Cause of explosion was unclear, while rescue work was underway, it said. Benchmark thermal coal futures soared as much as 5.5 percent to 622 yuan ($90.80) a tonne, their highest in 11 months, during early trade on Tuesday, as market expects more stringent inspections on coal mines across the country might lead to tight supply. The accident comes not long after a blast at an iron ore mining project in Liaoning that killed 11 people in June. According to Guizhou Energy Administration file, the coal mine was ordered to rectify on some safety issues during a safety inspection conducted by local authorities in late April. Pannan Coal cannot be reached for comment. Panzhou city government declined to comment.
Category: Other Countries
National grid gets additional 16mmcfd of gas from Habiganj field
August 7, 2018 Tuesday 12:15 PM By News Desk, energynewsbd.com
The national grid is getting additional 16 million cubic feet gas daily (mmcfd) from Well-1 of Habiganj Gas Filed. BAPEX as the state run organization has completed work over of the well-1 and went to gas extraction from lower level from Monday, according to a release issued by the Bangladesh Gas Filed Company Limited (BGFCL). It said Habiganj Gas Filed under BGFCL is supplying additional 16 mmcfd of gas to the national grid from the well on trial basis. Habiganj gas field, owned by the BGFCL, is currently supplying around 225 million cubic feet per day (mmcfd) of natural gas from seven producing wells. The country’s overall gas production is now hovering at around 2,760 mmcfd against the demand for over 3,500 mmcfd.    
Category: Gas
Every house in country will be lit up: PM
August 6, 2018 Monday 10:59 AM By BSS
Prime Minister Sheikh Hasina on Sunday inaugurated eight newly constructed power plants, reiterating her government’s target of illuminating every house of the country. “Our aim is to light up every house of the country … we’re working to achieve the goal,” she said while opening eight new power plants, having a total generation capacity of 1,742 MW, by unveiling their plaques through a video conference from Ganabhaban in Dhaka. Sheikh Hasina also inaugurated two grid substations as well as cent percent electrification activities in more 21 upazilas of the country. The prime minister said Father of the Nation Bangabandhu Sheikh Mujibur Rahman liberated the country to build ‘Sonar Bangla’ by bringing smiles on the faces of the common people. Sheikh Hasina said her government has been working in a planned way to build the country where there will be no poverty and none will die suffering from diseases and remain in darkness. “We want everybody to be educated and every house to be lit up,” she said. The prime minister reaffirmed her call to the people to be economical in using electricity. “A huge amount of money is spent for generating electricity and you’ll have to keep it in your mind,” she said. Sheikh Hasina said her government is giving a huge amount of subsidy in the power sector. “We’re giving subsidy more than the production cost and through it, we’re improving the living standard of the people,” she said. The premier urged the people to turn the switch off with their own hands to save the electricity, saying: “We want that the electricity is not misused.” Mentioning that the every area of the country will be brought under the cent percent electricity coverage, Sheikh Hasina said the government has increased power generation capacity to 18,900 MW from 3200. “We’ve set up 122 power plants, while work on construction of 26 plants having 14,134 MW is underway. Besides, we’ve imported 600 MW electricity from India, while a process for importing 1000 MW is going on,” she said. The premier said talks on purchasing hydroelectricity from Nepal and Bhutan are underway. She said the government is implementing multifaceted schemes like the nuclear power plant and solar power plants to meet the growing demand of power in the country. “The people are getting its benefit,” she said. The new power plants inaugurated by the premier are Ghorashal 365-MW capacity Combined Cycle Power Plant, Kodda, Gazipur 300 MW capacity plant at Gazipur, Daudkandi 200 MW capacity plant, Fenchuganj 200 MW combined cycle power plant, Noapara 100 MW Power Plant and Kamalaghat, Mushiganj 54 MW Power Plant at Munshiganj and Siddhirganj 335 MW combined cycle power plant’s simple cycle (gas turbine) and Siddhirganj 225 combined cycle power plant (second unit). The 21 upazilas where 100 percent areas have come under the electricity connectivity are Maulvibazar Sadar upazila, Saghata in Gaibandha, Austogram in Kishoreganj, Manohardi in Narsingdi, Cumilla Sadar Dakkhin, Khetlal in Joypurhat, Kalai in Joypurhat, Porsha in Nagaon, Mohanpur and Durgapur in Rajshahi, Atowari in Panchagarh, Kishoreganj in Nilphamari, Fulgazi, Parshuram, Chagalnaiya and Sonagazi in Feni, Patia and Hathazari in Chattogram, Dakhhin Surma in Sylhet and Habiganj sadar upazila. The two grid substations are Bhulta 400/230KV Grid Substation in Narayanganj and Khagrachhari 132/33KV Grid Substations. The prime minister later exchanged views with beneficiaries of Kishoreganj, Cumilla, Maulvibazar and Khagrachhari. Prime Minister’s Adviser Dr Toufique-E-Elahi Chowdhury and State Minister for Power Nasrul Hamid spoke at the function while Power Division Secretary Dr Ahmed Kaikaws narrated various achievements and steps of the ministry through a power point presentation. Liberation War Affairs Minister AKM Mozammel Haque, Chairman of Parliamentary Standing Committee on the Ministry of Power, Energy and Mineral Resources Tajul Islam and newly-elected Mayor of Rajshahi AHM Khairuzzaman Liton were present at the function, moderated by PM’s Principal Secretary Md Nojibur Rahman.
Category: Power
Nepal-Bangladesh to sign energy cooperation pact
August 2, 2018 Thursday 4:18 PM By The Kathmandu Post
After signing an energy cooperation agreement with China last month, the Ministry of Energy, Water Resources and Irrigation is preparing to conclude a similar pact with Bangladesh. Bangladeshi State Minister of Power Nasrul Hamid is scheduled to make a three-day visit to Nepal starting August 9 to sign the deal. Highly placed ministry sources said a memorandum of understanding would be signed to form a high-level mechanism to oversee electricity trade between the two countries and facilitate Bangladeshi investment in hydropower projects in Nepal. “It has been some time since a high-level discussion was held between the two countries regarding energy trade and investment,” said the source. “If the joint mechanism is formed, it will be a wonderful platform to turn the discussion into reality.” According to the ministry source, both countries have agreed to establish secretary and joint secretary-level mechanisms like the ones Nepal has formed with India. The agreement with Bangladesh will pave the way to export surplus electricity that Nepal is expected to produce within a few years. Bangladesh has repeatedly shown interest in importing power from Nepal via India, and has raised the issue at the meetings of the sub-regional BBIN (Bhutan, Bangladesh, India and Nepal) Initiative which was signed by the four countries to facilitate regional trade and business. Bangladesh has signed a memorandum of understanding with India’s NTPC Vidyut Vyapar Nigam (NVVN) to import electricity generated by the Upper Karnali Hydropower Project being developed in Nepal by India. As per the understanding, it will import 300-500 MW of energy from the project being executed by an Indian developer.  Apart from signing the memorandum of understanding, the two parties will explore ways to encourage Bangladeshi investments in several hydropower projects in Nepal during the minister’s visit to Nepal. Bangladesh has also shown interest in making investments in hydropower projects in Nepal. Bangladesh first expressed interest in putting money in hydropower during the ninth South Asia Economic Summit it hosted in Dhaka last October. The then commerce minister Romi Gauchan Thakali and his Bangladeshi counterpart Tofail Ahmed signed an agreement on the sidelines of the event to build two hydroelectric plants capable of generating over 1,600 MW of electricity in Nepal. The proposed projects are the 1,110 MW Sunkoshi II and 536 MW Sunkoshi III on the Sunkoshi River in central Nepal. Both countries have agreed to develop the projects under the BBIN Initiative. As per the agreement, the energy produced by the Sunkoshi projects will be evacuated to Bangladesh via India through the BBIN economic corridor. However, no headway was made on this front.    
Category: Renewable
Power utilities to buy solar power from consumers
July 28, 2018 Saturday 8:43 PM By UNB
Power utilities will buy solar power from consumers under net metering system. Power Division Secretary Dr Ahmed Kaikaus announced this on Saturday at a function organised by the Power Division to unveil the newly framed “Net Metering Guideline 2018” in order to buy rooftop solar from the consumers. The function was also addressed by Prime Minister’s Energy Adviser Dr Tawfiq-e-Elahi Chowdhury and State Minister for Power, Energy and Mineral Resources Nasrul Hamid. The power secretary said each of the distribution companies must buy solar power from at least 20 consumers. It will be treated as a key target under their annual performance agreement (APA) signed with the ministry. “Don’t take it lightly. You must have to sign contract with 20 consumers for buying solar power within next three months”, Dr. Ahmed Kaikaus told the top executives of different power distribution companies. Under the proposed system, any consumer can set up rooftop solar system covering upto 70 percent capacity of the sanctioned load and sell the additional or unconsumed solar power after meeting his/her demand through an exchange arrangement by a special meter. The idea is that the consumers will use their own solar power alongside the grid. But on holidays when solar power is not used, the consumers can sell it to the national grid. Power Cell Director Md Abdur Rouf made a presentation on the issue explaining the billing system and consumers’ benefits. He also informed that there is no lower limit of a consumer’s solar capacity. But the upper limit of the capacity is three megawatt. Addressing the function Dr Tawfiq Elahi said this will create a huge opportunity for the consumers to use their own electricity from solar power and sell unconsumed power to the utilities. He said the industrial consumers will get the best benefit of it as they can be able to sell their unconsumed electricity of the holidays to the national grid. Nasrul Hamid said the new system will boost the green energy production in the country and rooftop of industries and other large buildings will get a good chance to utilise them for solar power generation. Officials said the government has initiated the move to introduce the net metering system aiming to promote rooftop solar energy across the country as part of its plan to generate 3,168 MW power from renewable energy sources by 2021 in compliance with UN-set Sustainable Development Goals (SDGs).
Category: Renewable
‘Efforts on to start Barapukuria power plant’
July 27, 2018 Friday 11:02 PM By BSS
Power Division Secretary Dr Ahmad Kaikaus has said alternative ways are being tried to start Barapukuria Coal-fired Thermal Power Station. “Currently, the country’s power plants have the production capacity to meet requirements of Bangladesh,” he said this on Saturday during his visit to Barapukuria power plant and coal mine under Parbotipur upazila in Dinajpur with a four-member high-powered team. The team members were Energy and Mineral Resources Division Secretary Abu Hena Md Rahmatul Muneem, Chairman of Petrobangla Abul Mansur Md Faizullah and Chairman of Bangladesh Power Development Board Engineer Khaled Mahmood. The team members visited the power plant and coal mine in connection with the coal scam and closure of Barapukuria coal-fired thermal power plant due to lack of coal. The visiting high officials held a meeting with officials in the administrative area of Barapukuria coal-fired thermal power plant before visiting nearby Barapukuria Coal Mining Company Limited. Dr Ahmad said there are shortages of 100 MW to 150 MW power supply to Rangpur region comprising of eight districts where problem is being faced in maintaining voltage balance due to long distance. “As a result, load-shedding is being given for one to one and a half hours daily to the region,” he said, adding that the extent of load shedding already reduced through increasing supply of natural gas to Sirajganj power station. Petrobangla Chairman Abul Mansur Md Faizullah said appropriate measures would be taken against those involved with the scam. “There is no way to look into the matters lightly for those people who are involved with the coal scam creating the hardships to the people,” Faizullah added. Abu Hena Md Rahmatul Muneem said that the inspection was aimed at observing the reality against what the officials were saying about coal shortage in the mine and issue of coal scam. “The inspection was also aimed at studying the possibility of coal supply to the coal-fired thermal power station as per its demand and when production of coal from the coal mine would be possible,” he said. Abu Hena said a case was filed in this connection with Parbotipur Thana and the Anti Corruption Commission already started investigation into the matter to bring the officials involved with the scam under the laws of the land.
Category: Power
Imported LNG supply to nat’l grid rescheduled for Aug 8
July 25, 2018 Wednesday 4:46 PM By News Desk, energynewsbd.com
The government has now set a target to start supplying re-gasified Liquefied Natural Gas (LNG) to the national grid from August 8. “We have once again rescheduled the supply date of maiden LNG to consumers on August 8,”said an official of Rupantarita Prakritik Gas Company Limited (RPGCL). This is for the fourth time the date for LNG supply to the National Grid has been rescheduled. He said: A high-powered team of Excelerate Energy Bangladesh Ltd visited in the site at Moheskhali recently and assured us completion of all works regarding maintaining the under construction pipeline by August 7, 2018. In the last time, the RPGCL rescheduled the date for supplying the LNG to the gridline on July 4, 2018 after repairing the leakage in subsea pipeline in Bay. Earlier, the US company was supposed to start the FSRU (floating, storage and re-gasification unit) in the first week of May, but managed to obtain an extension of two months. The government is planning to import about 3.75 million metric tonnes of LNG a year. The first LNG consignment from Qatar`s RasGas Company Ltd reached Bangladesh on April 24. The FSRU in Bangladesh has the capacity to hold 138,000 cubic metres of LNG and can re-gasify and distribute up to 500 million cubic feet per day, as per the deal. According to Petrobangla, it supplies between 2,650-2750 mmcf of natural gas daily against the demand of 3,700mcf.
Category: Gas
Northerners brace for power cuts as Barapukuria power plant closed
July 23, 2018 Monday 12:53 PM By UNB
The country’s northern region is likely to experience unusual power cuts or low voltage problem as the authorities concerned shut down the third and last unit of Barapukuria Coal-fired Thermal Power Plant on Sunday night. Director of Power Development Board (PDB) Saiful Hasan Chowdhury told UNB that the plant went out of operation around 10:20pm. Officials at the PDB, which operates the plant, said they had to completely shut down the plant because of the short supply of coal from the nearby Barapukuria Coal Mining Company Limited (BCMCL). The districts which may face such problems include Rangpur, Panchagarh, Nilphamari, Lalmonirhat, Kurigram, Gaibandha, Dinajpur and Thakurgaon as they receive power supply mainly from the Barapukuria plant. Earlier, Abdul Hakim, chief engineer of the power plant, told UNB on Sunday that they may have to shut down the plant from Monday morning for the shortage of coal.  Saiful Hasan said the authorities were trying to ensure power supply to the districts from alternative sources like power plants in other districts -- Sirajganj, Khulna and Rajshahi. “The PDB has urged Petrobangla to ensure adequate gas supply to the gas-fired power plants in Sirajganj and other districts so that the generation could be enhanced and supply could be available in the northern region,” he added. Officials said the shortage of coal suddenly came to their notice a few days back when a team from PDB visited the coal mine and found that there was no adequate reserve of coal in the yard of the mine. They found that there was only 6,000 tonnes of coal reserved in the yard which may meet the requirement of only 2-3 days. The coal production in the Barapukuria coal mine was suspended under a programme to change the mining shaft.  But the PDB was assured by the BCMCL authorities of continuing the coal supply from the reserved coal during the closure of the mine operation. PDB officials said the power plant requires about 4,500 tonnes of coal a day when all the three units are in operation. But now two units remain off and only the third unit with 275MW capacity was operating to a tune of 130 MW. The issue was immediately communicated with Petrobangla, they said. Meanwhile, Petrobangla top officials identified inconsistency in the coal reserve at the coal mine yard. As per the official investigation, the stock was found to have a shortage of 148,000 tonnes of coal and finally Petrobangla has formed a three-member inquiry committee, headed by its director (mining) Quamruzzaman, to investigate the issue of the coal shortage and suspended a number of BCMCL officials. The officials who were suspended or removed include managing director of the company Habib Uddin Ahmed, secretary-cum-general manager Abul Quasem Prodhania, general manager ATM Nuruzzaman Chowdhury and deputy general manager (store) Khaledul Islam. It was apprehended that a huge quantity of coal was smuggled from the coal reserve in connivance with the top officials of the mine for which the unusual shortage was created in the supply.  Contacted, Quamruzzaman told UNB that the inquiry committee has already started its work. He said the committee was given three days to complete its job and submit its report. “But we need a few more days as we’ve to physically visit the spot and identify the irregularities,” he said. The probe body chief said they will visit the mine soon.
Category: Power
Summit Power receives IMS certifications from Bureau Veritas
July 22, 2018 Sunday 6:44 PM By News Desk, energynewsbd.com
Bangladesh’s largest publicly listed independent power producer Summit Power Limited has received the Integrated Management System (IMS) certifications for its Barisal and Narayanganj Unit II power plants. The IMS certification includes Environment Management System (EMS)–ISO 14001:2015, Quality Management System (QMS)–ISO 9001:2015 and Occupational Health and Safety Assessment (OHSAS) – OHSAS 18001:2007. As a result of these certifications, Summit is showing continued commitment to its business performance and gaining competitive advantage. Bureau Veritas, the world’s leading certification service provider has already certified other operating power plants of Summit. The event was organised in Spectra Convention Centre in Dhaka on Sunday. Among senior officials of the two companies Financial Controller and Company Secretary of Summit Power Swapon Kumar Pal, Head of Business Development of Bureau Veritas (Bangladesh) Mukut K Barua, Head of Certification Md Towfiqul Arif were also present in the certificate hand-over ceremony.
Category: Others
Nasrul asks to ensure hassle free power supply
July 21, 2018 Saturday 6:37 PM By News Desk, energynewsbd.com
State Minister for Power, Energy and Mineral Resources Nasrul Hamid on Saturday asked all concerned to supply hassle free electricity at consumers level. “Be more cautious about harassment-free electricity supply to the customers,” he said told a two-day General Managers’ conference of Bangladesh Rural Electrification Board (BREB) as the chief guest in the city. The state minister said customers’ satisfaction is the main goal of the government. “Customers can not be harassed in any situation. We have to talk to them in a smiling face. The BREB would have to resolve all existing problems within the next three-month and the government will give all necessary assistance to this regard,” he said. “We have to take initiative to increase coordination among production, distribution and transmission companies for implementation of the development plan as per the demand,” he said. Various issues including target of brining all upazilas under 100 percent power coverage, problems at field level, technical constraints, power outages, possible causes and remedies for the loss of transformers were discussed in the conference. Among others, Power Division Secretary Dr Ahmad Kaikus, Chairman of Bangladesh Power Development Board Engineer Khaled Mahmood, Chairman of BREB Major General Moin Uddin (retd) and Power Cell Director General Engineer Mohammad Hossain spoke on the occasion.
Category: Power
LAUGFS Gas Bangladesh opened the largest LPG depot at Jhenaidah
July 17, 2018 Tuesday 3:00 PM By News Desk, energynewsbd.com
LAUGFS Gas (Bangladesh) Ltd, a 100% subsidiary of Sri Lankan business conglomerate LAUGFS Holding, has recently inaugurated its regional distribution center at Jhenaidah. The launched regional distribution center, shortly termed as RDC, is being marked as the best kind of depot in LPG industry in terms of safety standard and compliance, said a press release. Being the proud owner, LAUGFS Gas officiated the RDC at Jhenaidah with a ribbon cutting ceremony in the hand of its senior management including Md Saidul Islam, Director and CEO of LAUGFS Gas Bangladesh, Ranjith Jayawardena, COO of LAUGFS Gas Bangladesh, Nazeer Latiff, General Manager (Sales & Marketing) of LAUGFS Gas Bangladesh, Dr MayuraNeththikumarage, General Manager (Operations), SujeewaVidanapathirana, General Manager (Finance). This auspicious occasion was also presented by company’s channel partners who will be taking cylinders of LAUGFS Gas from this depot to sale and distribute to their respective markets. Jhenaidah RDC will be catering the market demand of Jhenaidah, Kushtia, Meherpur, Chuadanga, and Rajbari, a region crossing Padma river which is showing a lot of socio-economic promise in the country. Company officials of LAUGFS Gas Bangladesh have conveyed gratitude from company’s behalf to all the distributors and dealers for being with the company to provide support and service to the market neatly and thanked all the invited channel partners for keeping the faith on company and requested them to do so in coming days. LAUGFS Gas believes in growing the business together with its well-wishers as well as serving the community as a good corporate citizen. Having its terminal in Bangladesh at Mongla, LAUGFS Gas has set its logistical infrastructure at all the major regions of Bangladesh and expanding the number more to cater the LPG demand seamlessly all over Bangladesh.  
Category: LPG
Summit, Mitsubishi, GE unveil $3billion energy investment in Bangladesh
July 12, 2018 Thursday 3:29 PM By News Desk, energynewsbd.com
The largest ever private investment in Bangladesh’s energy sector worth $3 billion around Tk 24,000 crore, is coming to facelift the country’s basic infrastructure. Local Summit Group, Japanese Mitsubishi Corporation and US-based General Electric Company (GE) inked an initial agreement to this effect at a programme in Dhaka on Wednesday. Tetsuji Nakagawa, Senior Vice-President of the infrastructure business division of Mitsubishi Corporation, Muhammed Aziz Khan, chairman of Summit Group, and Russell Stokes, President and CEO of GE Power, signed the agreement. It has been official that Summit will be the majority owner of the integrated project. GE will invest in equity and technology in the four 600MW-each combined cycle power plants with a total capacity of 2,400MW. Mitsubishi will be the partner for the complete integrated project, according to a statement of Summit Group. With implementation of the project in 2023, Summit will be doubling its power generation capacity. The combined cycle power plants will be powered by GE’s flagship 9HA gas turbines. The project includes two units of onshore LNG terminal with total capacity of 380,000-cubic metre, and oil terminals with 100,000 tonnes capacity-all to be located in Matarbari, Cox’s Bazar. The location of the 300MW heavy fuel-based power plant hasn’t been finalised yet. The project will be using world’s most efficient and environment-friendly technology. The LNG terminal will be using cutting-edge technology, so that there is no boil-off, utilising all the gas for electricity generation, said Aziz Khan at the signing ceremony. He also said: “In support of the Government’s Vision 2021 and 2030, Summit is partnering with GE and Mitsubishi to bring in the largest private FDI to Bangladesh, best technology at world’s lowest tariff to meet increasing demand of people and businesses for energy and power.” “GE Power is navigating customers through an energy transformation with a complete portfolio of fuel choices and innovative technology,” said Russell Stokes, President and CEO of GE Power. “In partnership with Summit Power, our HA technology enables unprecedented levels of efficiency to strengthen Bangladesh’s power generation.” Nasrul Hamid, State Minister for Power, Energy and Mineral Resources, and Tawfiq-e-Elahi Chowdhury, Energy Adviser to the Prime Minister, were present at the signing ceremony.
Category: Business
Rosatom joins the Nuclear Quality Standard Association
June 30, 2018 Saturday 4:59 PM By News Desk, energynewsbd.com
Russian State Atomic Energy Corporation Rosatom, represented by Atomenergoprom, joined the Nuclear Quality Standard Association (NQSA). An agreement to this effect was signed at the World Nuclear Exhibition, held in Paris at the end of last month, said a press release. Rosatom First Deputy Director General for Corporate Development and International Business Kirill Komarov and NSQA President Thierry Zumbihl and General Secretary Laurent Kueny signed the agreement on behalf of their respective sides. Becoming a full member of the Association, Rosatom gets the opportunity to participate in the development and implementation of cutting-edge global quality standards in the field of nuclear energy use. “Access to NQSA proves that Russian experience of quality control in the nuclear industry is in global demand. The state corporation gets an opportunity to influence the setting of common industry standards and requirements,” said Kirill Komarov. “The membership of Rosatom in the Association will contribute very positively to support the development and implementation of internationally recognised nuclear quality standard,” said Thierry Zumbihl President of NQSA. NQSA is a nonprofit association jointly launched by Areva and Bureau Veritas in January 2011. Open to all major nuclear utilities, nuclear engineers and manufacturers, NQSA promotes the application of the NSQ-100 standard, and sets a nuclear oriented supplier evaluation process. Rosatom is the only company in the world to offer integrated clean energy solutions across the nuclear supply chain and beyond, including the design, build and operation of nuclear power stations, uranium mining, conversion and enrichment, the supply of nuclear fuel, decommissioning, spent fuel storage and transportation and safe nuclear waste disposal.
Category: Other Countries
ADB approves $500m loan for 800MW Khulna plant
June 30, 2018 Saturday 3:48 PM By News Desk, energynewsbd.com
The Asian Development Bank (ADB) will provide Bangladesh with US$500 million in loan to help build a state-of-the-art 800 megawatt (MW) power plant in Khulna. Part of the loan will also be spent for linking it up with natural gas and power transmission facilities. Board of Directors of the multilateral lender approved the loan on June 26 at its headquarters in Manila, Philippines, said an ADB press release. “Amid the rising demand for energy in a growing economy, the Rupsha Power Plant will be the first of its kind in Bangladesh, vastly increasing the availability of efficient and cleaner energy,” said ADB Energy Specialist Aziz Yusupov. “By providing additional electricity to about 300,000 consumers, the plant will stimulate business expansion and create new jobs,” Aziz Yusupov was also quoted as saying. Bangladesh faces a major challenge in providing modern and affordable energy, while suffering from recurring generating capacity shortages in the power sector, the ADB release said. In fiscal year 2017, the peak hour demand was estimated at 10,400MW. But the power generation capacity was just 9,479MW, it mentioned. The net peak hour demand is expected to exceed 13,300MW by 2020 and 19,900MW by 2025, while the existing power generation facilities will gradually retire and need replacement. Recognising the need to sustain Bangladesh’s economic momentum, the government has prepared an investment plan to increase the power generation capacity and improve the transmission and distribution network. This is aimed at achieving universal access to grid-connected electricity by 2021, it said. The ADB-financed project design will ensure that the Rupsha plant uses the latest combined cycle technology, which offers the highest efficiency to convert gas to electricity. It will also use the most advanced water treatment processes to purify and recycle liquid waste at the end of the industrial process, leaving zero discharge. To supply gas to the Rupsha power plant, the project will construct gas distribution pipelines measuring 12 kilometres (km), according to the press release. The project will also finance construction of a 230-kilovolt switchyard at the power plant and 29 km of high capacity transmission lines to transfer electricity from Rupsha to the grid. To ensure adequate institutional capacity, the project will conduct overall institutional strengthening of the executing agency, the North-West Power Generation Company Limited. This includes business processes upgrade and training for implementation and operation of the system, maintenance, monitoring, and environment and social safeguards. The total cost of the project is $1.14 billion, with the Islamic Development Bank contributing $300 million and the government contributing $338.5 million. The project is due to be completed by the end of June 2022, said the press release. Grant financing worth $1.5 million will also be provided by the ADB’s Japan Fund for Poverty Reduction, funded by the Government of Japan, to improve living standards in nearby communities, it said. Focusing on vulnerable households and women, activities will include awareness about safe and efficient use of electricity, training on livelihood and job opportunities, and providing school laboratory facilities, it added.
Category: Power

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