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Power-Energy


BIDA urges BERC to revise gas price hike

The Bangladesh Investment Development Authority has urged the Bangladesh Energy Regulatory Commission to revise the recently announced gas price hike, saying that otherwise, it would affect the economic momentum. ..

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Finland closes last coal-fired power plant

Finnish energy company Helen said on Tuesday that it had closed the country’s last active coal-fired power plant, ushering in ‘the end of the era of coal’ for the Nordic country.

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Grid collapse shows system weakness

A technical malfunction in a transformer triggered the March 11 national grid collapse that deprived parts of Dhaka of electricity supply for at least two hours...

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Trade war threatens oil demand growth: IEA

Global oil demand growth is set to accelerate this year but the escalating trade war launched by US President Donald Trump threatens to disrupt the market, the International Energy Agency said Thursday...

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Gas price hike will deter investment: businesses

The country’s business leaders strongly criticised the government’s proposal to raise gas prices by 150 per cent for new industries and industrial expansion, calling it a discriminatory move that could deter future investors and make Bangladesh less attractive for business...

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Richest countries put more mony in fossil fuel: report

The richest nations, including the G-7 countries, are increasingly investing in fossil fuel projects in developing countries like Bangladesh, obstructing global carbon emission reduction targets, said a report released by US-based Global Energy Monitor on Tuesday.

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Industries reeling from persistent gas crisis

Industry insiders have said that due to years of interruption in gas supply, export-oriented industries and other manufacturing units were facing an acute crisis...

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