Law ministry suggests change in mineral rules

R Akter
The law ministry has pointed out that some sections of the draft coal policy would contradict the existing Mines and Mineral Rules 1968 and suggested amendment of the rules before approving the policy.
A representative of the law ministry made the observation at an inter-ministry meeting on the draft coal policy, chaired by energy secretary [...]

Electricity generation decreases over months

ET Report
The country’s electricity generation is become less every month, belying the authorities’ much-trumpeted assurance that power supply situation would improve from May with the end of irrigation season.Frequency of outages throughout the country has been on the rise as the Power Development Board rather added less electricity to national grid in May than in [...]

Govt to compensate affected in Barapukuria coalmine area

 

-Abir Mahmud
The government has decided to provide due compensation to the affected of Barapukuria underground coalmine area upgrading the quality of local homes and developing local infrastructure.
“We have already asked the authorities concerned to repair a road near the Barapukuria coalmine, which was affected due to land subsidence from underground coalmining,” Petrobangla director for mines [...]

BPC askspurchase committeee to raise insurance premium

ET Report
The purchase committee, headed by finance adviser Mirza Azizul Islam, is likely to take a decision on whether or not to pay the increased premium on carrying and insurance charges for import of 6.8 lakh tonnes of diesel, 1 lakh tonnes of kerosene, 62,000 tonnes of jet fuel and 80,000 tonnes of octane at [...]

Chevron, Cairn sign deal for block 7

Chevron, Cairn sign deal for block 7

 

ET Report
Chevron Bangladesh Block Seven Ltd. Petrobangla and Cairn Energy ( Bangladesh ) Ltd. signed an addendum last week to the Production Sharing Contract (PSC) for Block 7, situated in the Southwest of Bangladesh around Barisal , Potuakhali, Jhalakathi and Pirojpur.
This addendum represents part of Chevron’s ongoing gas [...]

Four projects for power sector development

-Economic Times Report
Finance and Planning Adviser Dr AB Mirza Azizul Islam said the Government has taken initiatives for developing the power sector to enhance the country’s economic growth and development.Four projects have undertaken to improve the power sector and initiatives are also underway for off shore gas bidding,” he said adding that in the near [...]

Open pit mining method is most suitable for Bangladesh: Dr Raisuddin Ahmad

Open pit mining method is most suitable for Bangladesh: Dr Raisuddin Ahmad

 Abir Mahmud
Geologist of LionOre Australia Pty Ltd, one of the largest coalmines in Australia, Dr Raisuddin Ahmad has categorically termed Bangladesh’s coal sector a very promising one to accelerate the country’s national economy.
“Coal can be an useful and effective alternative source of energy [...]

Take immediate step to extract coal- Economic Times

Take immediate step to extract coal
Shamsul Haque
 
 
 
 

Eminent energy experts and prominent citizens have urged upon the government to take immediate steps for extraction of coal as it has already been proved across the world that coal is an alternate fuel. Eminent experts on energy and mining, geologists, environmentalists and prominent citizens spoke expressed their views [...]

Govt takes 6.50 billion plan for gas extraction

 
R Akter
The present has taken up a Tk 6.50 billion plan to augment gas production by 300 million cubic feet per day (mmcfd) by 2011 officials said.
A total of 13 new wells in different gas fields will be explored, developed and worked over by the state-run gas companies to produce and supply the enhanced volume [...]

Power supply emerges as a long term problem

Power supply emerges as a long term problem

 
R.Akter
People from low-income group are the worst sufferers of the current price hike of essentials. If someone is still not worried of the price situation in the society, obviously electricity situation makes their life miserable. Load-shedding is switching off their lights, fans and air-conditioners and suspending water [...]