Investment in power sector stressed

Economic Times
Bangladesh needs huge investment in its dwindling energy sector as the country is facing acute shortage of power. Staggering shortage and frequently interrupted supply of power is considered to be the main bottleneck for Bangladesh to achieve its desired level of development to become a middle-income country by 2015 or so.
Had we been able [...]

Sylhet hit by power crisis

 

ET Report
Life of people has become miserable in the Sylhet city and its adjoining areas due to frequent power outages coupled with sweltering heat over the past several days.
Official and commercial activities as well as processing of tea-plants in the region are also being hampered due to the frequent power outages.
Power Development Board sources said [...]

China imports more motor vehicles in first half year

 

ET Report
China’s auto imports grew rapidly in the first half, as world auto giants turned to the Chinese market after the U.S. economic slump and rocketing oil prices drove sales down on U.S. and European markets, the General Administration of Customs said Wednesday, reports Xinhua.
Domestic demand for vehicles with large-engine capacities also strengthened as many [...]

Barapukuria coal mine workers on strike

 

Economic Times

Workers at the Barapukuria coal mine have been on strike for several days over a clash between Chinese and local workers, mine sources said.
Bangladeshi workers, appointed by the Chinese contractor of the Barapukuria Coal Mining Company Limited, and Chinese workers entered into an altercation on August 14 after a Chinese supervisor had ‘rebuked’ some [...]

Petrobangla asks Chevron to raise production level

 

R Akter, Economic Times

As the country has been experiencing severe gas crisis due to a sharp rise in the demand-side, the state-run Petrobangla, finding no way, asked the US-based international oil company Chevron to enhance its production level from 450 to 500-plus MMCFD to manage the situation.
According to official sources, a technical committee is evaluating [...]

Power Division proposes for extension of operation deadline

Power Division proposes for extension of operation deadline

 

Economic Times
The Power division will send a proposal this week to the chief adviser, Fakhruddin Ahmed, seeking approval to extend the deadlines for the ‘commercial operation date’ of the 50MW Fenchuganj, 20MW Bogra and 30MW Bhola plants from May 15-23 to October 31 by imposing additional penalty, [...]

Power advisory committee fail to hold maiden meeting in nine months

R Akter

 
 

The government has not convened any meeting of the 17-member advisory committee, formed to oversee power sector activities and make recommendations to improve situation, in the last nine months although country is reeling under electricity crisis. The 17-member committee, headed by the adviser/special assistant for the power and energy ministry and comprised of experts, [...]

Revisiting the Energy-Power Scenario in Bangladesh

 

Farhad Tuhin
The development of any country depends mostly on its power without which the national economy must fail to proceed. Everybody knows about the meager situation of power in Bangladesh. But the policymakers and experts are still not taking initiatives to improve this sector showing unknown reasons, which is unfortunate. However indecision, unnecessary delay in [...]

BPC gets Tk 1,100cr loan to meet import deficit

ET Report
Bangladesh Petroleum Corporation (BPC) has got Tk 1,100 crore to make up its petroleum import deficit and ensure smooth supply of petroleum products across the country during July to August of the current fiscal year, official sources said.
The finance ministry has provided Tk 1,100 crore to the corporation as loan because their proposal could [...]

Titas gas plans to initiate bill payment through SMS

 

 

ET Report
Titas Gas’s domestic consumers are likely to come into computerised ledger system from January next, official sources said.
According to the sources, Tatas Gas Transmission and Distribution Company Limited is now implementing a project ‘Domestic Customer Ledger Computerisation’ to build a customer database and bring its accounting system under the programme.
Titas Gas is a state-owned [...]