Category: Highlights

As part of the power sector master plans, Bangladesh started cross-border energy trade with neighbouring India in 2013 with only 500 megawatts of electricity import. Over the years, electricity import from India has climbed up to 1,160MW which is around 10% of Bangladesh’s total power consumption. Every year, Bangladesh pays around Tk5,000 crore to India for importing electricity through cross-border transmission lines. Nepal, Bhutan, and other neighbouring countries buy and sell electricity across borders with India through the Indian Energy Exchange. Bangladesh has been concerned with its surplus power during…

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In a free market, the saying goes, high prices cure high prices. If some good or service costs a lot, people will see an opportunity to make money producing more of it, thus driving down the price. Reality is messier. Oil prices have now risen to $104 a barrel. But investments in producing more, as measured by the number of oil rigs actively drilling for oil and gas, have barely responded. Since oil prices bottomed out in the middle of 2020, they have nearly doubled, but the number of new rigs…

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Consumers will soon be able to check where their energy is coming from hourly, and get a discount on bills if they use electricity when renewables are in surplus. Under plans by the startup Granular and energy giants including Elexon and National Grid, energy companies will allow UK consumers to track their power source. This could help the country reduce emissions, as it will be easier for people to choose energy companies that are transparent about exactly how much renewable energy they use. Because there are times of day when…

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Energy is crucial for socio-economic development, new dams and fully exploitation of renewable energy is the need of the hour to cope with ever increasing energy gap between supply and demand. The consensus was reached at the end of round table conference on “Energy Needs of Pakistan” held here Thursday organised by a steel group of companies. Chairing the conference, Abdul Basit, former President Lahore Chamber of Commerce and Industry and convener Kala Bagh Dam committee, stressed the urgent need for full use of renewable energy resources and construction of…

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China Power Hub Generation Company (Pvt) Ltd (CPHGC) has cautioned the government that it would shut down its complex after middle of next month if substantial payment is not made to purchase coal as inventory is now depleting. This company has conveyed this message to National Electric Power Regulatory Authority (Nepra) and other concerned authorities. The CPHGC is a 1,320 MW CPEC coal-fired power project which is committed to delivering on the promise of propelling growth through energy. The Chief Executive Officer (CEO), CPHGC, in his letter has stated that…

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