Excelerate Energy supplies two LNG cargoes to Petrobangla
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
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
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
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
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 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
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
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
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...

Continuous reforms in country's electricity and energy sector
Continuous reforms in country's electricity and energy sector

Since taking office, the interim government has implemented a series of reforms in the countrys electricity and energy sector within just two and a half months. During this time, the controversial Electricity and Energy Rapid Supply Act enacted by the ousted Awami League government has been...