১৮ জানুয়ারি, ২০২৫ ১৫:৫৬ এর সব খবর

Saturday, 18 January, 2025

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Headline

Turkiye plans $20B investment in energy efficiency by 2030

Turkiye has announced plans to invest more than $20 billion in energy efficiency projects by 2030, aiming for significant advancements in industries, buildings, and public lighting. This ambitious initiative is part of the Second National Energy Efficiency Action Plan, which builds on the $8.5...

Fears in foreign investment

Until now, all private power projects in the country were required to have an implementation agreement (IA). But, the interim government has changed the policy. Recently, the government called for tender for 10 solar power projects where the IA was cancelled. Therefore, investors in the power...

Iran builds two more units at Bushehr Nuke Power Plant

Mohammad Eslami, head of the Atomic Energy Organization of Iran (AEOI) has said the country was pursuing establishment of the second and third units of the Bushehr Nuclear Power Plant, which is located in southern Iran. Based on existing laws and in light of the assertions that have been made by...

Gas price hikes will have multiple effects on industries

The countrys industrial sector is currently at a standstill. Industrial establishments are closing down one after another. Investors cant make new industries for various reasons. The price of gas is being increased again in this tough time for the industrial sector. The Energy and Mineral Resources...

Prices of diesel, kerosene drop by Tk1 per litre

The government has reduced the prices of diesel and kerosene by Tk1 to Tk104 per litre with effect from January 1. A gazette notification was issued by the Ministry of Power, Energy and Mineral Resources in this regard on Tuesday. However, the prices of octane and petrol Tk125 and Tk121...

Tulip Siddiq faces £10,000 fine for failing to secure energy certificate for rental property in UK

United Kingdoms (UK) Treasury Minister Tulip Siddiq could be facing a 10,000 fine after failing to secure an Energy Performance Certificate (EPC) for her rental property, The Mail on Sunday has learned, reports Daily Mail. This latest issue comes after Siddiq, niece of ousted prime minister of...

Apparel industry in deep crisis: 155 factories closed, millions lost jobs

The garment, textile, and knitwear sectors in Bangladesh are in crisis, with industry leaders citing the energy shortage, labor unrest, and instability in the banking sector as the primary causes. These challenges have had a devastating impact on the industry. In the past year alone, 140 factories...

Qatar vows to halt EU gas sales over due diligence law

Qatar will cease gas exports to the European Union if the bloc enforces its new corporate due diligence law, Reuters said, the energy minister of the country Saad al-Kaabi warned in an interview with the Financial Times published on Sunday. The Corporate Sustainability Due Diligence Directive,...

Government plans to drill 100 gas wells to alleviate crisis

The government of Bangladesh has unveiled an ambitious plan to tackle the ongoing gas shortage and reduce its reliance on costly LNG imports by drilling 100 new and existing gas wells between 2025 and 2028. The move aims to enhance domestic gas production and ensure a steady supply to industries,...

Iran won’t impede IAEA inspection: AEOI Head

Irans Atomic Energy Organization (AEOI) head has reaffirmed Tehran has not and will not impede inspection of its nuclear facilities by the IAEA, reports Press TV. Mohammad Eslami told reporters after visiting a nuclear achievements exhibition on Saturday: The relationship between Iran and the...

Russia targets Ukraine’s energy infrastructures with missiles, drones

Russia has launched a massive aerial attack targeting the energy infrastructures of Ukraine with barrage of missiles and drones as the winter looms the country, reports agencies. The country on Friday launched the attack against Ukraine, firing 93 cruise and ballistic missiles and almost 200...

Govt committed to ensuring cost-effective, high-quality energy: Rizwana Hasan

Syeda Rizwana Hasan, Adviser to the Ministry of Environment, Forest and Climate Change, said that the interim government is working to ensure a sustainable, cost-effective, and high-quality energy sector. She highlighted that the government will adopt necessary policies and legal frameworks to...

Govt determined to set value for money for people: Energy Adviser

Energy Adviser Dr Fouzul Kabir Khan said the government is determined to set value for money for the people of the country. He said while addressing a seminar titled Predictable Energy Pricing and Supply Stability organized by Dhaka Chamber of Commerce and Industry (DCCI) in the capital on...

Energy Adviser describes bureaucratic challenges as ‘Fighting My Own Shadow’

Energy Adviser Dr. Fouzul Kabir Khan expressed frustration over bureaucratic challenges, likening his efforts to fighting with my own shadow during a seminar titled Predictable Energy Pricing and Supply Stability organized by the Dhaka Chamber of Commerce and Industry (DCCI) on Saturday....

'If the interim government fails, a major revolt will occur'

Power, Energy and Mineral Resources Affairs Adviser Muhammad Fouzul Kabir Khan said, If the interim government fails, a major revolt will occur. He made this remarks during a discussion at the HR convention at Southeast University on Friday morning. He stated that before undertaking major...

IEEFA: PDB could save US$1.2 billion annually with power sector reforms

The Power Development Board (PDB) could save Bangladesh Tk 138 billion (US$1.2 billion) in annual losses, currently covered by government subsidies, by implementing reforms in the countrys electricity sector, according to a new report from the Institute for Energy Economics and Financial Analysis...

Meta seeks nuclear power developers for reactors to start in early 2030s

Tech giant Meta said it is seeking proposals from nuclear power developers to help meet its artificial intelligence and environment goals, becoming the latest big tech company to take interest in atomic power amid a gauged thunder in electricity demand. Meta said this on Tuesday, reports Reuters....

LPG price adjustment for Dec to be announced Tuesday

The price of Liquefied Petroleum Gas (LPG) for December will be announced on Tuesday, reports UNB. The Bangladesh Energy Regulatory Commission (BERC) will announce the decision. The decision, expected at 3 pm on Tuesday, will reveal whether consumers can expect an increase or decrease in LPG...

ADB commits $24.3 million for solar power plant in Mymensingh

The Asian Development Bank (ADB) has signed a financing package worth $24.3 million with Muktagacha Solartech Energy Limited (MSEL) to establish a grid-connected solar photovoltaic power plant in Mymensingh. As the sole mandated lead arranger, the Manila-based financial institution took charge...

Excelerate Energy supplies two LNG cargoes to Petrobangla

Excelerate Energy, Inc. has announced the delivery of two liquefied natural gas (LNG) cargoes to Petrobangla in November, using the companys two floating storage and regasification units (FSRUs) stationed offshore Moheshkhali Island. Excelerate Energy is pleased to help fuel Bangladeshs economy...

Ukraine’s success in building clean energy is Putin’s achilles heel

CEO of DTEK Maxim Timchenko pulls out a piece of paper with bar charts showing how much new electricity his company has brought online this year in the country versus how much Russian bombs have destroyed. Total electricity goes up, then down, then up, then down capturing the companys constant...

German return to nuclear power is 'logical': IAEA chief

The head of the International Atomic Energy Agency (IAEA) said in an interview late on Wednesday that it was rational forGermanyto return to nuclear power even thoughthe countrys phase out was completed in 2023. I think its a logical. Its a rational position, Rafael Grossi told German news...

Yunus calls for South Asia grid to share Nepal's hydroelectricity

On Wednesday, Bangladeshs Chief Adviser Professor Muhammad Yunus urged the creation of a South Asia grid to facilitate the sharing of hydroelectricity produced by Nepal and Bhutan, reports UNB. In a meeting with the Social Business Group on the sidelines of the climate conference in Baku, the...

Came to fulfill responsibilities not to exercise power: Adviser

Energy Adviser Muhammad Fouzul Kabir Khan said on Saturday that the present government took the power to fulfill the responsibilities, not to practice power. He made the statement while addressing a seminar titled The Role of Smart Grid in the Future Power System at Dhaka International...

At COP29 countries should deliver key policies for banks to finance renewable energy: IEEFA

At the upcoming 29th Conference of Parties (COP29) in Baku, dubbed the climate finance COP, representatives of different countries should deliver key decisions to design policies and regulations and offer institutional support that encourages banks to lend more to the renewable energy sector, said...

Tk 916 Crore Overspending on Coal Purchases

The authorities overseeing the Matarbari Thermal Power Plant in Coxs Bazar, Bangladeshs largest and most expensive coal-fired power plant, have come under scrutiny for allegedly overpaying for coal. The government is now facing an additional cost of 916 crore 44 lakh Taka. Meghna Group has been...

Tax exemption for renewables: PDB to set more solar power plants

Not only 10 projects, now the Power Division is contemplating to set up many more solar power plants as it received the NBRs notification for reinstating the tax exemption on such private investment, reports UNB. Power Division officials said it is now certain the number of solar projects is...

Hasina govt took unplanned high-cost dev projects in power-energy sector: Adviser Fouzul

Power, Energy and Mineral Resources Adviser Muhammad Fouzul Kabir Khan has said that unplanned development projects were taken in the power and energy sector during Sheikh Hasina regime with implemention at a higher cost. In an exclusive interview this week, Fouzul said during former prime...