Private power plants that use furnace oil risk facing severe shortage of fuel and this may result in power cuts during the hottest months of this year.

The PGCB published a notice mentioning a shutdown programme at its 230 kV power transmission line from Aminbazar - Agargaon substation.

According to highly placed sources at the state-owned Bangladesh Power Development Board (BPDB), a five-member delegation of Adani Group arrived in Dhaka and held a meeting with the top officials of BPDB today

Says its Director General Ajay Mathur

"The recent hike in coal prices in the global market has pushed up the generation cost. If the coal price declines, the generation cost will also come down," said Subhash Chandra Pandey, the project director of the Bangladesh-India Friendship Power Company (Pvt) Ltd (BIFPCL)

According to national and international media reports, the electricity generated from the Adani power plant located in Godda, Jharkhand, will cost almost three times more than the electricity produced in the country

Officials of the Bangladesh-India Friendship Power Company Limited (BIFPCL), which has been engaged in implementing the power plant project, expressed their concerns

At least $4.45 billion is needed in fuel costs to ensure adequate power supply from February to June, when demand is set to increase by more than 50 percent, the Bangladesh Power Development Board (PDB) estimates.

At yesterday’s meeting, the cabinet committee also gave the nod to the Trading Corporation of Bangladesh (TCB) to buy 1.10 crore litres of soybean oil from City Edible Oil Ltd at Tk 174.5 per litre.

"Construction of the NPP continues in accordance with the current schedule," the Russian state-run corporation said

"If everything remains perfect, electricity will be supplied to the national grid from tonight," says managing director of Bangladesh India Friendship Power Company Limited

Russian oil exports had increased 7.6 percent over 2022 compared to a year earlier

According to World Bank’s Pink Sheet, a monthly report that monitors commodity price movements

The government must import LNG at a high price from the spot market

DNCRP conducted at least 70 to 80 drives all over the country

Jatiya Party MP Mujibul Haque Chunnu yesterday asked why the government is purchasing electricity from India’s Adani Group at a higher price.

A smart power and energy master plan are needed for a smart Bangladesh, said the state minister

Bangladesh expects to start getting electricity from the power plant built by Adani Group in Jharkhand’s Godda as per schedule, Tawfiq-e-Elahi Chowdhury, energy affairs adviser to Prime Minister Sheikh Hasina said yesterday.

Ambassador and Head of Delegation of the European Union to Bangladesh Charles Whiteley today said energy storage is a key instrument to reach Bangladesh's ambitious "decarbonisation" goals to ensure a reliable and uninterrupted power supply for all.

Electricity will be purchased from India's Adani Godda Power Plant as per the Power Purchase Agreement (PPA), said Nasrul Hamid, the state minister for power, energy and mineral resources.