Dhaka, Tuesday, October 23, 2018 03:03 AM
Efficiency & Conservation
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‘Bangladesh Smart Electrical Company will manufacture five lakh pre-paid meter a year’
Uzbekistan embarks on nuclear power plant construction with Russian design
Bangladesh, ENOC agree to feasibility study for LPG terminal
Bangladesh tenders for 1.425m tonnes of oil products
With solar farms and roof panels, Bangladesh inches toward green power goal
All Other Top Stories
‘5,500 MW from Matarbari will bring revolutionary progress in Bangladesh’s power sector’
Job & Advertisement
NWPGCL sign deal with Siemens on 3600 MW LNG power plant at Payra
State-owned North-West Power Generation Company Limited (NWPGCL) signed on Friday a joint development agreement (JDA) with Siemens of Germany to set up a 3600 MW LNG-based power plant in Payra. Secretary of NWPGCL Dipak Kumar Dhali and President (Gas and Power) Siemens Richard Clayton Reising signed the agreement on behalf of the respective organisations at hotel Westin in Dhaka. The plant will be located adjacent to the existing 1320 MW coal-fired power plant. As per the deal, in the first phase a 1200 MW plant will be set up by 2021 while the work on another 2400 MW will be completed in the second phase by 2024. The project is the largest in the country in terms of capacity and first ever LNG-To-Power Project in Bangladesh. Power Divison Secretary Dr Ahmad Kaikaus, Bangladesh Power Development Board Chairman Khaled Mahmood, NWPGCL Chief Executive Officer Engineer AM Khurshedul Alam, German Deputy Head of Mission Michael Schultheiss and Siemens Gas to Power President Richard Clayton Reisig spoke at the function.
PTC sings $1.8 billion power supply deal with Bangladesh
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Plan to extend power transmission lines to 36,870 kms by 2041
Coal extraction resumed after three months in Barapukria
After about three months of closure, coal extraction work has been resumed in Barapukria coal mine of Parbatipur in Dinajpur. The coal extraction on experimental basis is stared from the 1314 no phase of the coal mine on Friday night, informed an official with the Barapukria Coal Mining Company Limited. He said, at present it will be possible to extract 1000-1500 tonnes of coal on a daily basis. But it will increase gradually. The official said within the next 10 days, the commercial extraction work will start. The extraction work of the mine had stopped after the coal at 1210 no phase ran out in June 16. As the coal ran out, the electricity production at 525 MW coal power plant in Barapukria went out of production from July 22. The official informed that authorities concerned have been doing everything to resume operation in the three units of coal powered plant which went out of operation because of coal shortage. Complaints of surreptitiously selling coal was raised even though the coal reserve was on the wane. Later Anti Corruption Commission investigated the matter.
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Dhaka, Moscow sign protocol amending Rooppur nuclear power deal
Dhaka and Moscow have signed a protocol to bring amendments to an agreement signed by both sides on development of Rooppur nuclear power plant. On sideline of the 62nd General Conference of International Atomic Energy Agency (IAEA) being held in Vienna Bangladesh and Russia signed the protocol on September 17. In a statement on Tuesday, Russian state atomic energy agency Rosatom said the protocol was signed to bring in some amendments in the intergovernmental agreement signed on November 2, 2010 on partnership in construction of a nuclear power plant in Bangladesh. It also said Bangladesh can now involve Russia in developing physical protection systems for Rooppur Nuclear Power Plant. Architect Yeafesh Osman, Minister for Science and Technology, Government of Bangladesh and Alexey Likhachev, Director General of Rosatom signed the Protocol on behalf of their respective governments. The protocol provides for the possibility of involving a specialized Russian company in designing and installation of physical protection system for the main and auxiliary facilities of the Rooppur Nuclear Power Plant. The Protocol also includes the clause saying that all the safety and security measures to ensure physical protection of the nuclear power plant to be taken in accordance with the requirements and guidelines of IAEA. Rooppur NPP with two VVER-1200 reactors, each of 1,200 MW capacity is being constructed by Atomstroyexport (ASE), Engineering Division of Rosatom under strict monitoring by International Atomic Energy Agency (IAEA) and Bangladesh Atomic Energy Regulatory Authority (BAERA). Rooppur Nuclear Power Project (RNPP) with two VVER-1200 reactors, each of 1,200 MW capacity is being constructed according to Russian design, at Ishwardi of Pabna district, 160 km from Dhaka. In accordance with the General Contract signed on December 25, 2015 Atomstroyexport (Engineering Division of Rosatom) is implementing the project as the General Contractor. The Russian VVER-1200 reactors that is selected for the first NPP in Bangladesh, was successfully set up at Unit No 1 of Novovoronezh NPP-2, said the statement.
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Import duties on LNG withdrawn
In a major move for the energy sector, the government has withdrawn all kinds of import duties imposed on the liquefied natural gas (LNG). The Internal Resources Department (IRD) under the Finance Ministry issued a circular in this regard on September 30, saying that the order went in effect from September 18. An official of Bangladesh Oil, Gas and Mineral Corporation, widely dubbed as Petrobangla, expected the government move to reduce the import costs on the super-chilled fuel item. Another circular could be published in a day of two, only to announce the withdrawal of supplementary duties, sources said. However, the current ceiling of value added tax (VAT) and advance income tax (AIT) will remain unchanged. Bangladesh Energy Regulatory Commission (BERC) is likely to announce newly fixed prices of gas by the current week soon after the circular is issued. A member of the energy regulatory body said there will be a gas price hike for consumers from all sectors other than the domestic and commercial ones—a move meant for adjusting the costs of expensive imported LNG costs.
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Hasina, Modi inaugurate construction of 130km cross-border oil pipeline
Prime Minister Sheikh Hasina and Indian Prime Minister Narendra Modi were jointly inaugurating the construction of 130-km Bangladesh-India Friendship Pipeline between Siliguri in West Bengal and Parbatipur in Dinajpur on Tuesday. They opened the work on the oil pipeline through videoconferencing. Sheikh Hasina attended the videoconference from her official residence Ganobhaban while Narendra Modi from his office in New Delhi, according to a report of UNB. About the pipeline, the Prime Minister said the 130-km India-Bangladesh Friendship Pipeline from Shiliguri to Parbatipur in Bangladesh is a new milestone in the history of cooperation between the two countries. “This will be the first such pipeline through which refined diesel will be supplied to Parbatipur depot from Numaligarh of Assam in India,” she said. The Prime Minister mentioned that Bangladesh will initially receive 2.5 lakh tonnes of diesel per annum and it will gradually be increased to 4 lakh tonnes. She also said the first consignment of diesel from India reached Bangladesh in March 2016 through rail wagons. Hasina expressed her gratitude to her Indian counterpart for his active role in implementing these projects. Referring to her inauguration together with Modi of the supply of 500MW electricity and two railway projects on September 10 and today’s joint projects, the Prime Minister said, “This intermittent contact between us, I believe, will further cement the ties of cooperation between Bangladesh and India.” Indian Prime Minister Narendra Modi said the two countries implemented a number of projects within a short time which are the symbols of good relations between the two countries. Modi said these projects have initiated a new chapter in the bilateral relations between Bangladesh and India. “It’ll play a significant role in Bangladesh`s development as fuel oil could be supplied to the northern region at a low cost,” he said. Currently, imported oil is stored in Chattogram depot after unloading it from the ship at Chattogram Port. Later, the oil is brought to Khulna Doulatpur depot through coastal tanks and carried to Parbatipur again through rail wagons. This requires additional time and money as well as transport. The pipeline will solve these problems. Through the cross-border pipeline, India will supply fuel oil from its Numaligarh Refinery Ltd (NRL), located at Golaghat in the northeastern state of Assam, while Bangladesh will receive the oil at Parbatipur depot of Bangladesh Petroleum Corporation (BPC) in Dinajpur. India will supply 2.5 lakh tonnes of diesel in the first three years. The import of fuel through the pipeline will be raised further as per the requirements of Bangladesh. The NRL will distribute diesel for 15 years through the pipeline and the time could be expanded following the consent of both sides. Bangladesh’s Foreign Minister AH Mahmood Ali, Indian External Affairs Minister Sushama Swaraj and Indian Petroleum and Natural Gas Minister Dharmendra Prodhan also spoke on the occasion.
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‘LPG users being brought under insurance’
The government has taken a plan to bring users of liquefied petroleum gas (LPG) under insurance facilities so that they can get financial compensation for any accident. The initiative was taken following an accident risk of distribution irregularities as the use of the gas has increased manifold on local market. To this effect, a guideline will be formulated soon, said an official of Energy and Mineral Resources Division. Recently, a meeting has been held at Energy Division to elaborately discuss the use and risk of LPG. State Minister for Power, Energy and Mineral Resources Nasrul Hamid was present at the meeting. At the meeting, the authorities concerned recommended bringing LPG users under insurance facilities. The official also said LPG use has been increased 5-6 folds in the last few years. In the future, LPG will be used as fuel in household sector about cent percent. So, it is urgent to bring the consumers of the sector under insurance facilities. The official further said the ministry concerned will hold separate meetings with LPG distributors in this regard. The companies will have take responsibility for the security of their consumers, he added. Every company can make a database through registering their consumers. Later, it can bring its registered consumers under insurance facilities so that they can get financial compensation in case of accident, says a statement presented by Energy and Mineral Resources Division Deputy Secretary (Operation-2) Akramuzzaman at the meeting. Besides, LPG users should be aware of any accident. Security measures should be taken to avoid any accident. Recommendation was also made to test LPG cylinders after a specific date. A modern safety regulator should be used to fend off any accident. Speaking on the occasion, Energy Junior Minister Nasrul Hamid said people now use a huge quantity of LP gas for cooking. But they are not following safety measures. The government is taking measures to ensure safe and long-lasting use of LPG.
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13,000 ‘char’ villagers come under solar power network
Solar power has brought a social change in many hard-to-reach villages under Char Ashariadaha union council under Godagari upazila of the district. Although having the problems of food and healthcare services the villages have become enlightened with uninterrupted electricity generated from solar panel. The power also brings many positive changes to living and livelihood condition of the villagers in many ways. Talking to the news agency, solar power user Rahmat Ali of Char Bhubanpara said he could not even think about electricity an era ago though it has become a reality as the villagers there can avail of this facility. Union council Chairman Md Sanaullah said around 30,000 people live in the villages and 13,000 of them in six villages got the power supply connections. The beneficiary villages are: Ashariadaha, Panipar, Bhubanpara, Kanpara, Hanumantanagar and Nawshera. He said the char villagers and owners of the solar power units neither suffer from low-voltage nor load shedding and some of them are crushing paddy at nights using electricity from solar plants. "The char people are watching television programmes to become aware of drugs, child marriage, malnutrition and dowry and using fans, bulbs and refrigerators, charging mobile phone sets, operating computers and doing other daily jobs," Sanaullah added. Housewives Monwara Begum of village Char Nawshera and Anjuara Khaatun of Char Hanumantanagar said they are getting uninterrupted supply of power using solar technology. AVA Mini Grid Project commissioned 594 pieces of solar panels with financial initiative of Infrastructure Development Company Limited (IDCOL) providing power supply to six villages, scattered from the main land by the Padma River. "We have started the solar panel and supply line installation works with an estimated cost of around Tk 100 million on November 6, 2015," said Engineer Millat Hossain, plant manager of the project. At present, the panels are generating 148.5 kilowatts electricity and the villages are getting power through the distribution line. Engineer Hossain said the villagers are enjoying the power supply facilities through prepaid card system and they are happy. Union council chairman Sanaullah said IDCOL has brought solar home systems to his villagers. The small solar panels provide enough electricity to charge a phone, run a fan, turn on a light or a TV for the evening hours. Often, in fact, these solar panels perform better than the country`s electric grid, despite their shortcomings. He added that the ability of households to earn an income from their solar systems through the nanogrid opens up innovative business possibilities. For instance, households could reinvest their profits from solar energy trading to upgrade their solar technology to generate even more electricity and thus, profit. Overnight, simple solar users are turned into smart entrepreneurs earning money real-time once their solar systems start producing a surplus of solar electricity.
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EFFICIENCY & CONSERVATION
CEO roundtable to promote energy efficient technology in textile and RMG sector
Infrastructure Development Company Limited (IDCOL) has organised a CEO roundtable to promote energy efficient technologies in the textile and RMG sectors across Bangladesh. The CEO roundtable, has organised by IDCOL at its Head Office on March, 18 showcased the technology interventions related to energy efficiency measures in the RMG and textile sector of Bangladesh, said a press release. Top executives of the major textile and RMG companies were present in the roundtable. The roundtable has provided the participants with greater insights on emerging energy efficient measures implemented in Bangladesh as well as those considered as global best practices. The participants of the roundtable has opined that the growth of Bangladesh’s economy relies heavily on the RMG and textile industry, which employs around four million people. To compete successfully, firms must control their costs – while meeting ever stricter requirements for working conditions and environment friendly practices defined by international buyers. With rising cost of energy and depleting natural resources, the growth trajectory of Bangladesh textile and RMG industry can only be sustained by investing in smart energy efficient technologies. Adopting energy efficient technologies will also create quality jobs, attract important new investments, create new business opportunities and improve the quality of life. IDCOL, a development finance institution, is promoting energy efficiency initiatives in Bangladesh by offering low-cost long-term financing to eligible entrepreneurs up to 100% of the equipment value.
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HELE coal technology key to growth in South East Asia
High-efficiency, low-emission (HELE) coal-fired electricity generation technology will play a critical role in South-East Asia’s future economic prosperity and climate policies, according to a new report from ASEAN Centre for Energy and the World Coal Association (WCA). The new report confirms that HELE coal technology will provide affordable and reliable electricity to more than 600 million people in the region while dramatically reducing emissions. The report conducts a comprehensive cost-benefit analysis of climate, energy and sustainable development policies in ASEAN nations, which are set to increase their electricity demand significantly in coming years. It finds that if ASEAN shifts its coal-fired power generation capacity to a modern, low emissions fleet by 2035, the region would reduce its cumulative emissions by 1.3 billion tonnes, equivalent to the annual emissions of the US, China and the European Union combined. The new report is consistent with other projections by leading energy analysts. A recent report from the Oxford Institute for Energy Studies concluded that based on current national power plans, South East Asia’s coal capacity will reach 148 GW by 2025, a 139% increase on 2015. Coal will pass gas as South East Asia’s number one energy source before 2025, the OIES report concluded. ASEAN is one of the fastest growing regions in the world with economic growth forecast to increase by over 6% per year. Growth has already lifted millions from poverty and seen the number of people in the region without access to electricity halved over the past 20 years. The International Energy Agency predicts ASEAN’s energy demand will increase by 80 per cent over the period to 2040. To meet this demand, secure reliable electricity is required and the report confirms that low emission coal will be the generation of choice. With the IEA forecasting coal to provide 50% of electricity generation by 2040, ASEAN nations are looking to utilise low-emission coal technology to deliver growth while also reducing emissions. The report confirms that all forms of coal generation will be the lowest cost option for ASEAN nations in 2020 and 2035. The levelised cost of electricity (LCOE) figures show that even ultra-supercritical coal generation will cost less than all renewable options and gas-fired power generation options. The report notes that “HELE reconciles international commitments to reduce carbon with the economic priorities of generating affordable and reliable electricity.”
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India’s state power plants resume coal imports amid domestic shortages
State-run thermal power plants in India’s coastal states have again begun buying overseas coal due to domestic coal shortages, government and utility officials said, in a setback for the country’s long-term plans to eliminate imports. After no significant imports in 2017, government utilities in Tamil Nadu and Andhra Pradesh have ordered several cargoes of coal since the beginning of this year, two officials said. Andhra Pradesh, a state on India’s east coast, has imported 200,000 tonnes of coal so far this year and could import as much as 1 million tonnes in 2018, said Ajay Jain, a senior official in the state energy department. “Coal has been a real problem. If we had depended only on coal, it would have been a disaster,” Jain said. Tamil Nadu Generation and Distribution Corp, a government utility in the southwestern India state, has imported about 1.4 million tonnes of coal this year, after going a year without imports starting at the end of 2016, according to Vikram Kapoor, the chairman of the utility. An increase in coal imports by state-owned power utilities undermines a pledge by Indian Prime Minister Narendra Modi’s government to cut thermal coal imports to zero by March 2018. But state-owned Coal India Ltd, the world’s second-biggest coal miner by production, is grappling with a shortage of trains to carry the fuel from its mines to the country’s power plants. Both Andhra Pradesh and Tamil Nadu are waiting for the wind energy season to start in June, when they expect dependence on coal to ease, Jain and Kapoor both said. Domestic logistic bottlenecks, regulatory changes and surging power demand will likely increase 2018 thermal coal imports after two years of declines, Reuters reported in February. Imports rose over 15 percent in the first quarter of 2018. State-run utilities could add up to 5 million tonnes to India’s coal imports in 2018 because of the Coal India shortages, a senior executive from Adani Enterprises, India’s biggest coal trader told Reuters in February. India imported 144.5 million tonnes of coal in 2017, according to data provided by American Fuels & Natural Resources, a Dubai-based coal trader. Imports would be a boost for international miners such as Indonesia’s Adaro Energy, Australia’s Whitehaven Coal or global commodity merchant Glencore. Maharashtra, a western coastal state, has floated a tender for procuring 1 million tonnes of coal to augment its existing stock and meet growing power demand, a senior official at Maharashtra State Power Generation Co, the state utility, said on Tuesday. Gujarat, Maharashtra’s northwestern neighbour, plans to ramp up imports by 400,000 tonnes this year, according to a senior state government official. Karnataka, another southern state, has resisted imports so far. But that might change, according to Kumar Naik, the managing director of state utility Karnataka Power Corp. Two of Karnataka’s three major thermal power plants had almost run out of coal stockpiles, according to government data on May 14. State-run thermal power plants in India’s coastal states have again begun buying overseas coal due to domestic coal shortages, government and utility officials said, in a setback for the country’s long-term plans to eliminate imports. After no significant imports in 2017, government utilities in Tamil Nadu and Andhra Pradesh have ordered several cargoes of coal since the beginning of this year, two officials said. Andhra Pradesh, a state on India’s east coast, has imported 200,000 tonnes of coal so far this year and could import as much as 1 million tonnes in 2018, said Ajay Jain, a senior official in the state energy department. “Coal has been a real problem. If we had depended only on coal, it would have been a disaster,” Jain said. Tamil Nadu Generation and Distribution Corp, a government utility in the southwestern India state, has imported about 1.4 million tonnes of coal this year, after going a year without imports starting at the end of 2016, according to Vikram Kapoor, the chairman of the utility. An increase in coal imports by state-owned power utilities undermines a pledge by Indian Prime Minister Narendra Modi’s government to cut thermal coal imports to zero by March 2018. But state-owned Coal India Ltd, the world’s second-biggest coal miner by production, is grappling with a shortage of trains to carry the fuel from its mines to the country’s power plants. Both Andhra Pradesh and Tamil Nadu are waiting for the wind energy season to start in June, when they expect dependence on coal to ease, Jain and Kapoor both said. Domestic logistic bottlenecks, regulatory changes and surging power demand will likely increase 2018 thermal coal imports after two years of declines, Reuters reported in February. Imports rose over 15 percent in the first quarter of 2018. State-run utilities could add up to 5 million tonnes to India’s coal imports in 2018 because of the Coal India shortages, a senior executive from Adani Enterprises, India’s biggest coal trader told Reuters in February. India imported 144.5 million tonnes of coal in 2017, according to data provided by American Fuels & Natural Resources, a Dubai-based coal trader. Imports would be a boost for international miners such as Indonesia’s Adaro Energy, Australia’s Whitehaven Coal or global commodity merchant Glencore. Maharashtra, a western coastal state, has floated a tender for procuring 1 million tonnes of coal to augment its existing stock and meet growing power demand, a senior official at Maharashtra State Power Generation Co, the state utility, said on Tuesday. Gujarat, Maharashtra’s northwestern neighbour, plans to ramp up imports by 400,000 tonnes this year, according to a senior state government official. Karnataka, another southern state, has resisted imports so far. But that might change, according to Kumar Naik, the managing director of state utility Karnataka Power Corp. Two of Karnataka’s three major thermal power plants had almost run out of coal stockpiles, according to government data on May 14.
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OPEC, allies agree not to further increase oil production
A meeting of OPEC and its allies ended without any decision to further increase oil output despite President Donald Trump’s call for lower prices. Members of the Organization of the Petroleum Exporting Countries met on Sunday in Algiers with non-members including Russia. The committee said in a statement that it was satisfied “regarding the current oil market outlook, with an overall healthy balance between supply and demand.” It also urged “countries with spare capacity to work with customers to meet their demand during the remaining month of 2018.” Trump has been calling publicly for OPEC to help lower prices by producing more. “We protect the countries of the Middle East, they would not be safe for very long without us, and yet they continue to push for higher and higher oil prices!” he tweeted on Thursday. The price rise is notably caused by a recent drop in Iran`s supply because of U.S. sanctions. OPEC and Russia have capped production since January 2017 to bolster prices. Output fell below those targets this year, and in June the same countries agreed to boost the oil supply. Saudi Arabia Energy Minister Khalid al-Falih told reporters that participating countries have provided over the last three months “a lot of supply to offset decreases” in Iran, Venezuela and Mexico. “Markets are quite balanced today, there`s plenty of supply to meet any customer that needs it.” Also Sunday, OPEC released its World Oil Outlook 2040 report. The cartel says that China and India will drive growth in energy demand through 2040, and that oil will continue to remain the biggest source of energy despite a global push for cleaner resources. Oil demand is forecast to increase by 14.5 million barrels a day to a total of 111.7 million barrels in 2040, driven by an expanding middle class and economic growth in developing countries. The U.S., which isn’t an OPEC member and has in recent years seen a renewed boom in shale oil, will continue to grow as a crude producer, peaking in the late 2020s. That suggests OPEC’s power to influence the market will be tempered by U.S. production for about another decade.
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Plans for coal-fired power plants drop by almost half in 2016
Twenty-sixteen saw a "dramatic" decline in the number of coal-fired power stations in pre-construction globally. The authors of a new study say there was a 48% fall in planned coal units, with a 62% drop in construction starts. The report, from several green campaign groups, claims changing policies and economic conditions in China and India were behind the decline. However, the coal industry argues the fuel will remain essential to economic growth in Asia for decades to come. Rapid swing Between 2006 and 2016, India and China together accounted for 85% of the coal plants built around the world. But according to the Boom and Bust 2017 report, put together by Greenpeace, the Sierra Club and CoalSwarm, there has been a huge swing away from coal in these two countries in just 12 months. The main causes of the decline are the imposition of restrictive measures by China`s central government - with the equivalent of 600 coal-fired units being put on hold until at least 2020. The Indian go-slow was prompted, according to the authors, by the reluctance of banks to provide funds. Work at 13 locations is currently not going ahead. However, there have also been significant retirements of coal plants in Europe and the US over the past two years, with roughly 120 large units being taken out of commission. "This has been a messy year, and an unusual one," said Ted Nace, director of CoalSwarm. "It`s not normal to see construction frozen at scores of locations, but central authorities in China and bankers in India have come to recognize overbuilding of coal plants as a major waste of resources. "However abrupt, the shift from fossil fuels to clean sources in the power sector is a positive one for health, climate security, and jobs. And by all indications, the shift is unstoppable." The study comes as other groups analyse the potential for investments in coal to become stranded assets if governments continue to restrict CO2 emissions. The International Energy Agency (IEA) says that hundreds of billions of dollars could be at risk. "The decline in new coal plants in Asian countries is truly dramatic, and shows how a perfect storm of factors is simply making coal a bad investment," said Paul Massara, now of North Star Solar but a former CEO of RWE npower. "Growing awareness of the air pollution problems coal causes, the impact of policies to tackle climate change, and the rapid growth and cost-competitiveness of renewable sources of energy, along with emerging battery technologies, are making new coal plants redundant before they are even built," he said. However, the World Coal Association vehemently disagrees. It says the complexity of large infrastructure projects means that until they break ground, it`s no surprise if they don`t go ahead. "Yes, China, is reducing the number of coal-stations but not because it`s transitioning away from coal. Instead, the new dynamics is a signal of a more developed economy," said Benjamin Sporton. "Contrary to the picture being portrayed by certain quarters, China`s climate pledge suggests that coal will continue to be central to its energy solutions, albeit through efficiencies including the use of new coal technologies. "In India`s case, it`s simply not true that renewables are displacing coal. The International Energy Agency has said that India`s coal demand will see the biggest growth over next five years with an annual average growth rate of 5% by 2021. "For these countries, excluding coal from the energy mix is not an option; it is essential for economic growth and critical in securing energy access." According to the authors of the study, the slowdown brings the possibility of keeping global warming under 2 degrees C since pre-industrial times "within feasible reach." However, the study says that much more progress needs to be made to reduce the number of coal-fired plants under development in Vietnam, Indonesia, Turkey, Japan and elsewhere.
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BERC Feed inTariff Draft.pdf
Harmonised pricing formula can boost regional power trade
Speakers at a seminar on “Future prospects of regional connectivity” said that lack of harmonisation in the pricing formula has been a major barrier in developing the regional energy and power trade. They said all the nations in the regional initiative should harmonise their pricing formula. “I think harmonisation in pricing of power and energy has been very essential to promote the regional trade,” said Alamgir Kabir, former chairman of Power Development Board (PDB) while making his remarks at the seminar. Power and Energy Ministry organised the seminar at International Convention City Bashundhara in the city as part of the three-day Power and Energy Week that began on Thursday. Taking part in the seminar, Nepal’s Minister for Energy, Water Resources and Irrigation, Barsha Man Pun ‘Ananta’ said his country has been ready for regional power and energy trade. “We have already created enabling environment through enacting law and infrastructure. We have entered deal with Bangladesh to export electricity,” he told the seminar. The seminar was also addressed by chairman of parliamentary standing committee on Power and Energy Ministry Tajul Islam, Asian Development Board (ADB) country director Monmohan Prakash and Dr. Hans-Paul Burkner, Chairman, of Briton Consulting Group. Syed Munir Khosru, chairman of think tank body IPAG, moderated the seminar while power secretary Dr Ahmad Kaikaus made keynote presentation on the seminar topic. Tajul Islam said Prime Minster Sheikh Hasina has been continuously trying to promote regional trade. “Bangladesh is very keen to move forward with the regional power and energy trade,” he said. Dr Ahmad Kaikaus said Bangladesh so far signed agreements with India and Nepal and getting ready to sign agreement with Bhutan to import electricity. He, however, pointed out that all the deals are made on bilateral basis. “But this will pave the way for multilateral deals,” he said. Monmohan Prakash said multilateral power trading is a complex issue although ADB has been continuing its effort to promote such trade.
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BIFFL helping push forward energy sector, PPP initiatives
Finance Minister Abul Maal Abdul Muhit on Thursday said Bangladesh Infrastructure Finance Fund Limited is playing an important role in taking the energy sector and Public Private Partnership forward. The minister was inaugurating the three-day Green PPP Convention and Expo-2018 as the chief guest at the Bangabandhu International Conference Center in Dhaka from October 4 to 6 and in Chattogram from October 5 to 7 organised by BIFFL. BIFFL, a leading financier of infrastructure projects in the country, is organising the event as part of its nationwide awareness campaign for sustainable Infrastructure development in Bangladesh. The event includes three national seminars followed by plenary discussions to be participated by the experts, development partners, bankers and regulators. Considering the global context, the Finance Minister said infrastructure deficit is very important because this may hold up the growth process in the Asian region. He noted that deficit in infrastructure is a matter of concern for the whole world. Besides, the Finance Minister said the impact of climate change is a matter of serious concern for the whole world and unfortunately for Bangladesh, it’s much more of a concern, because Bangladesh is not one of those who are generating difficulties for the climate change. “But, we are a big sufferer of climate change and are being affected by other nations. So, we have to care for green development in a very special manner…I think in green development, we are the leader in the world as we began attending to this problem well before the new fund or new sort of institutions that came into existence,” he said. Muhith, however, said only good performance in this sector is not sufficient “because, we also need the cooperation of the global activists in the green sector.” In order to save lives on earth, he said, one needs to be extremely conscious of green development. In terms of operationalizing the Public Private Partnership (PPP) initiatives, he said, Bangladesh can be proud of the record in the PPP sector, as the emphasis that the government has put on this particular sector has been quite fruitful. Turning again to the issue of infrastructure, the Finance Minister said except the power sector, infrastructure is still an area of deficit in the country and much more work is needed in order to materialize the objectives of being a prosperous, peaceful and developed country by 2041 as envisioned by Prime Minister Sheikh Hasina. He also that the country’s power generation capacity would reach 30,000 MW by the year 2024 and this would have a positive impact on the economy. “Now the power generation capacity is substantially more than the demand of the country… we should have a power generation capacity of 30,000 MW by 2024 and I do not think that the energy requirement of the country would be anywhere near 30,000 MW by that time. So, it’s a matter of great satisfaction for us and also for the economy,” he said. The exposition, third of its kind, is aimed at promoting green and energy efficient technology and Public Private Partnership (PPP) for sustainable infrastructure development in the country. Secretary in Charge of the Finance Division Abdur Rouf Talukder, BIFFL executive director and CEO SM Formanul Islam, Finance Division additional secretary Md Ekhlasur Rahman, Power Division additional secretary Rahamat Ullah Mohd. Dastagir, Chief Representative of JICA Bangladesh Hitoshi Hirata, Senior Financial Sector Specialist AKM Abdullah among others, were present at the inaugural session of the convention. SM Farmanul Islam handed over Tk 64 crore as last year`s profit in the hand of Finance Minister Muhit during the inaugural ceremony. This year around 100 organisations from Germany, Japan, China and host Bangladesh will display technologies and products including green brick, energy efficiency, renewable energy, green building or industry materials, waste treatment technology. The expo will be open for trade and public visitors from 10 am to 6 pm.
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