Private power plants urge govt to pay $1.5b in arrear

Despite an improvement in payment the government still owes $1.5 billion to the private power plant operators for purchase of electricity, according to official sources.  The sources confirmed this week that the state-owned Bangladesh Power Development Board (BPDB), the single buyer on behalf of the government, partially cleared the payment until

Inner containment dome installed at Unit-2 of Rooppur N-power plant

The second phase of the ambitious Rooppur Nuclear Power Plant (NPP) project is fast gaining momentum.  Inner containment (IC) dome metal structures have been installed in the reactor building of Power Unit 2 of the plant recently, according to Rosatom.  According to Rosatom, the Russian contractor of the plant, the upper portion

Growing capacity payment pushes up power tariff

CPD finds 4.7pc rise in payments since FY18 The Centre for Policy Dialogue (CPD) at seminar on power and energy sector budget said the capacity payment to private sector power plants, including rental and quick rental plants, has gone up to Tk 26,505 crore in FY2022 from Tk 5,600 crore in

660mw Munshiganj power plant in gets cabinet body nod

The Cabinet Committee on Government Purchase Sunday approved eight proposals, including setting up of a 660-megawatt power plant at Gazaria upazila of Munshiganj to meet the country’s ever growing demand for electricity. The approval came from this year’s 35th meeting of the CCGP held virtually with Finance Minister AHM Mustafa Kamal

Development projects must not harm environment: PM

Prime Minister Sheikh Hasina on Sunday stressed the importance of keeping the environment in mind while taking any development project. "We must focus on the environment while taking any project; we always should take protective measures before taking any step," she said. The Prime Minister said this while speaking at a programme

PM to open five power plants Sunday

Prime Minister Sheikh Hasina is expected to inaugurate five power plants, having a total of 879 MW electricity generation capacity, tomorrow. "Prime Minister Sheikh Hasina will inaugurate these power plants through videoconferencing from her official Ganabhaban residence at 10am tomorrow," Saiful Hasan, a director (public relations) of Bangladesh Power Development Board

City Bank arranges funding for power plant in Cumilla

City Bank has recently arranged funding to help to set up a high speed diesel (HSD) fired Power Plant of Bangla Trac Group. The Bangla Trac Power Unit 1 Limited (BTP1) has capacity of 200 MW, and is located at Daudkandi, Cumilla, Bangladesh, a release said. Under the syndication arrangements, City

Summit brings HA gas turbine for Meghnaghat-II plant

SummitPower International, the largest independent power producer (IPP) in Bangladesh has brought GE 9HA.01 heavy-duty gas turbine at its upcoming Summit Meghnaghat II power plant located in Meghnaghat near Dhaka, said a press release. Meeting the project timeline, the gas turbine has been successfully placed on the foundation at the site