Nepal and India have reached a new deal on construction, upgrade and investment modalities for five transmission lines at a time when 11,000 megawatts of energy from various hydro projects is in pipeline. The 12th meeting of Joint Working Group on Power Sector Cooperation concluded in New Delhi on Wednesday finalised the investment modalities of […]
Read MoreThe Bangladeshi government and the World Bank have signed an agreement as additional financing for enhancing the power transmission network in the eastern region project amounting to SDR (an international reserve asset) 22.9 million (equivalent to 30 million U.S. dollars). Md Shahriar Kader Siddiky, secretary of Bangladesh’s Economic Relations Division (ERD), and Gayle Martin, acting […]
Read MoreIndia’s Adani Power has warned the Bangladesh Power Development Board (PDB) that it will have to pay a surcharge if its $845 million outstanding bill is not paid by June. The company has been supplying half of its power generation capacity to Bangladesh since November last year. It warned the PDB on Sunday that it […]
Read MoreNepal Prime Minister K P Sharma Oli on Friday said the government has prepared a roadmap for generating 28,500 MW of electricity by 2035. Nepal currently generates around 2,500 MW of hydro power. Addressing a programme organised by Independent Power Producers’ Association Nepal (IPPAN) to commemorate its silver jubilee in Kathmandu, Oli said there was […]
Read MoreLocal independent power producers (IPPs) have urged the government to clear at least half of their outstanding dues, approximately Tk9,000 crore, within 10 days to prevent power shortages during the upcoming Ramadan in March and the subsequent rice-growing season, which requires heavy irrigation. During a meeting with Power Division Secretary Farzana Mamtaz at the Secretariat […]
Read MoreThe second phase of four small hydropower projects, totaling 195 MW in capacity, is set to begin soon following the award of civil works contracts to contractors. The projects included in this phase are the 90 MW Jomori, 54 MW Gamri-I, 26 MW Druk Bindu I & II, and 25 MW Begana. The letters of […]
Read MoreNepal Electricity Authority (NEA) has said the industrial customers would have to bear with power cuts in the evening time until the re-operation of Upper Tamakoshi Hydropower Project which was damaged by flooding and landslide on September 27 and 28. NEA Managing Director Kul Man Ghising said it has been difficult to manage power supply […]
Read MoreAs the world’s second-largest importer of liquefied natural gas and a major consumer of Middle Eastern oil, Japan and its basic energy plans are drawing global attention from oil, gas and coal producers. Japan wants renewable energy to account for up to 50% of its electricity mix by fiscal year 2040 with nuclear power taking […]
Read MoreThe government plans to attain the ambitious renewable energy transition target to achieve 30% Renewable Energy (RE) in the energy mix by 2030, 40% by 2041, and 100% by 2050 Hailing the measures taken so far by the interim government for the country’s power and every sector, the Bangladesh Energy Prosperity-2050 conference has ended with […]
Read MoreThe agreement between Masdar and Uzbekistan’s Ministry of Energy was finalized during the COP29 climate conference, marking a major step forward in the country’s push for sustainable energy solutions. This new plant is projected to generate 3.5 billion kWh of electricity annually, equivalent to saving approximately 1 billion cubic meters of natural gas each year. The construction […]
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