In Short : Bangladesh has cleared $437 million in outstanding dues to Adani Power, covering electricity supplied up to March 31, including late fees. The settlement ensures future payments through a two-month letter of credit and a sovereign guarantee. With financial terms normalized, Adani has resumed full power supply from its 800 MW Godda plant, meeting […]
ADB Approves $400 Million for Resilient, Inclusive Development in Bangladesh – EQ
In Short : The Asian Development Bank has approved \$400 million to support Bangladesh’s climate-resilient and inclusive development. The funding, part of the CRID Subprogram 2, will advance climate adaptation, green growth, and disaster resilience. Co-financed by AIIB, the program strengthens policies aligned with Bangladesh’s National Adaptation Plan, aiming to enhance environmental sustainability, institutional reforms, […]
Adani restores power supply to Bangladesh as regular payments resume – EQ
In Short : Adani Group has restored power supply to Bangladesh after the Bangladesh Power Development Board (BPDB) resumed regular payments. Electricity from the 1,600 MW Godda power plant is now flowing uninterrupted, easing energy shortages. This strengthens India-Bangladesh energy cooperation, ensuring grid stability and supporting Bangladesh’s growing power needs while reinforcing the importance of […]
Bangladesh seeks full power supply restoration from Adani plant – EQ
In Short : Bangladesh has requested Adani Power to restore full electricity supply from its Jharkhand plant after reduced output due to payment disputes and low winter demand. Despite ongoing payment efforts, technical issues have delayed the restart of the second unit. Bangladesh is also seeking a renegotiation of the high electricity tariff, which is […]
Bangladesh To Import 1,000 MW Of Renewable Power From India – EQ
In Short : Bangladesh plans to import 1,000 MW of renewable power from India. This initiative aims to bolster Bangladesh’s energy supply, reduce carbon emissions, and strengthen cross-border energy cooperation for a sustainable and resilient power grid. In Detail : Bangladesh signs MoU with India to import 1,000MW of renewable power to achieve its target […]
ADB Leads Financing of First Private Sector Solar Project in Bangladesh by International Lenders – EQ
In Short – ADB spearheads financing for Bangladesh’s inaugural private sector solar project, marking a milestone in international lending. This initiative underscores a pivotal shift towards renewable energy investment in the country. By catalyzing private sector involvement, ADB contributes to Bangladesh’s sustainable development goals while advancing global efforts to combat climate change. In Details – […]
ADB Mobilizes $261 Million for New Expressway in Bangladesh – EQ Mag
DHAKA, BANGLADESH : The Asian Development Bank (ADB), as a transaction advisor for the Government of Bangladesh’s Rampura Amulia Demra Expressway public–private partnership (PPP) project, has mobilized $261 million of private sector capital for a four-lane, 13.5 kilometer expressway that will ease traffic congestion and provide better connectivity between the capital Dhaka and other major […]
EQ Webinar on Bangladesh : Barriers to RoofTop Solar Market, Industry Development & Growth Powered by SUNGROW 15th June 2023 (Thursday) 4:00 PM Onwards….Register Now!
Warm Greetings from EQ We are happy to present Webinar on Bangladesh : Barriers to RoofTop Solar Market, Industry Development & Growth Powered by SUNGROW When : 15th June 2023 (Thursday) From 4:00 PM to 6:00 PM IST Register in advance for this meeting: <Click Here To Register> After registering, you will receive a confirmation […]
QatarEnergy to sign long-term LNG supply deal with Bangladesh – EQ Mag
QatarEnergy will sign a long-term liquefied natural gas (LNG) supply deal with Bangladesh’s state-owned gas company Petrobangla on Thursday, the second Asian sales deal to be sealed for Qatar’s North Field expansion project. The 15-year agreement is for the supply of 2 million tonnes annually, Petrobangla’s Chairman Zanendra Nath Sarker told Reuters. Supplies are set […]
Bangladesh wants revision of power purchase deal with Adani – EQ Mag
Anr official of BPDB said that they found the coal price quoted by the company to be excessive. They had reportedly quoted USD400/MT, but it should be less than USD250/MT. Bangladesh has reportedly sought a revision of the 2017 power purchase agreement with Adani Power Ltd since the electricity pricing appeared too expensive. An official […]