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States / Energy Bangla

Torrential Rains Submerge Northern & Northeastern Districts

People of the northern and northeastern districts of Bangladesh are fearing a second spell of floods as major rivers continue swelling amid torrential rain and onrush of water from upstream. Both northern and northeastern parts of Bangladesh this year witnessed severe flooding, which is the worst one since 2004. The devastating flood started on June 15 and it was getting improving trend after a weeklong wrath of the deluge, an official of Flood Forecasting and Warning Centre (FFWC) told BSS. But

1 Jul 2022 7:53 am
Rooppur NPP: Inner Containment Dome Installed At Unit-2

Inner Containment(IC) dome metal structures have been installed in the reactor building of Power Unit 2 of the Rooppur NPP, recently. The upper portion of the dome 35.7 m in diameter and weighing 194 tonnes was placed in its design position at an elevation of 51.7 m; the construction height has now reached 60.5 m. IC dome installation is one of the 2022 milestones. We performed similar works at Power Unit 1 last year. Thanks to that, this time the dome pre-assembling activities required only 151

1 Jul 2022 7:45 am
UN Ocean Confce: BD reaffirms commitment to achieve SDG-14

Foreign Minister AK Abdul Momen has reaffirmed Bangladeshs commitment to achieve all targets relevant to Sustainable Development Goal-14 conserve and sustainably use the oceans, seas and marine resources for sustainable development. Momen delivered the country statement at the plenary session of the 2nd UN Ocean Conference in Lisbon on Thursday. Secretary, Maritime Affairs Unit at the Ministry of Foreign Affairs Rear Admiral (Retd) Md Khurshed Alam, Bangladesh Ambassador to Portugal Tarik Ahsa

1 Jul 2022 7:27 am
Experts Opposes Entry Into Intl Energy Charter Treaty

Bangladeshs entry into the International Energy Charter Treaty (IECT) will bring disaster to the countrys energy sector as through this treaty Bangladesh will virtually lose its sovereign authority to control the foreign companies operating and those who will invest in the future in the country, experts opined. If any dispute is created with any foreign investor, it has to be settled through an international arbitration court and the country has to share half of the cost no matter whether it los

1 Jul 2022 6:56 am
BERC Orders Petrobangla To Return Tk 12,227 cr To ESF And GDF Funds

Bangladesh Energy Regulatory Commission has directed state-owned Petrobangla to return Tk 12,227.44 crore to its two original fundsthe energy security fund (ESF) and the Gas Development Fund (GDF). The energy regulators latest directive which came as the BERC Order No-2022/7, in detail, was released on June 27 and uploaded on its website on the same day. However, BERC gave its brief order on June 4 raising gas prices by average 23 percent at retail consumer level. As per the BERC Verdict, the Pe

1 Jul 2022 6:49 am
Deal for Modernized Energy Charter Treaty Insufficient for Ambitious Climate Action

The new agreement in principle for a modernized Energy Charter Treaty (ECT) falls short of pledges to make the trade and investment deal better suited to achieving international climate goals, IISD experts say. The Energy Charter Treatys contracting parties announced the deal on Friday, June 24, capping years of talks that were launched after mounting concerns over the ECTs excessive use by investors in disputes and record-breaking financial awards against governments. The treaty has long been u

1 Jul 2022 1:24 am
Bangladesh Parliament Passes Tk 6.78 Trillion Budget For FY23

With a global economic crisis wrought by a mix of the coronavirus pandemic and the Russia-Ukraine war in the backdrop rocking the economy, parliament has passed the Tk 6.78 trillion spending plan with the aim of bringing Bangladesh back on the path to development. The MPs passed the budget for 2022-23 fiscal year in voice vote in a session chaired by Speaker Shirin Shamin Chaudhury on Thursday, the last day of the outgoing financial year. They discussed the budget throughout the session after Fi

1 Jul 2022 1:11 am