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Shahnaj Begum

Adani to hold talks with govt over coal tariff dispute

Shahnaj Begum

Adani Power Ltd is set to engage in high-level negotiations with the Bangladesh government later this month to resolve a long-standing dispute over coal tariffs involving its 1,600MW power plant in Jharkhand, which exports electricity to Bangladesh.A senior official at the Power Division confirmed to The Daily Observer that a delegation from Adani Power is ...

Vagaries of weather likely to worsen in coming years: WMO

Shahnaj Begum

United Nations' World Meteorological Organization (WMO) warns that at least one year between 2025 and 2029 the world temperature is likely to surpass 2024 - currently the hottest year on record.Report spell trouble for countries like Bangladesh, which is highly exposed to the adverse effects of climate change, rising sea levels, unpredictable rainfall, prolonged droughts, ...

Adaptation and resilience: Climate investments yield 10x returns

Shahnaj Begum

A new report from the US based think tank World Resources Institute (WRI) says that for every $1 invested in climate adaptation, there is a return of more than $10 over 10 years.The report, published on June 3, studied 320 projects in 12 countries, with a total investment of $133 billion. These projects—like climate-friendly farming ...

15pc VAT cut on LNG won't help consumers: Experts

Shahnaj Begum

The Finance Adviser Salehuddin Ahmed's proposal to wave the 15 per cent import-stage Value Added Tax (VAT) on LNG import will not give any benefit to the consumers, it will help Petrobangla, another government entity to manage its financial book and the consumers will have to pay more to pull out the Petrobangla from financial ...

Temp record may be broken by ’29: UN

Shahnaj Begum

The United Nations' World Meteorological Organization (WMO) has warned that at least one year between 2025 and 2029 is likely to surpass 2024 - currently on track to be the hottest year ever recorded.The alarming forecast spells trouble for climate-vulnerable countries like Bangladesh, which already faces rising sea levels, erratic rainfall, prolonged droughts, and increasingly ...

Renegotiation with private power plants on cards

Plan to save Tk 2,630.31cr a year

Shahnaj Begum

Renegotiation with private power plants on cards

Government plans to re-negotiate tariffs with private power-plant owners and state owned companies, aiming to save Tk 2,630.31 crore annually, as the present amount is considered "excessive" or "increased additional cost", a government committee report has said.In December 2024 the Power Division formed the committee headed by Additional Power Secretary AKM Ali Reza to scrutinize ...

Heat wave puts BD pregnant women at high risks: US experts

Shahnaj Begum

US think tank "Climate Central" has said that pregnant women in Bangladesh are suffering severe health complications due to extreme heat as heat waves triggers premature births."Pregnant women in Bangladesh are increasingly at risk due to intensifying heavy heatwaves fueled by climate change, between 2020 and 2024, Bangladesh experienced an average of 34 days annually ...

Power division seeks Tk 1,500cr to import 4 LNG cargoes

Shahnaj Begum

Ministry of Power and Energy Division has sought Tk 1,500 crore from the Finance Division to import four LNG cargoes to ensure supplying an additional 250 MMCFD of natural gas to industries.Following the announcement of Power, Energy and Mineral Resources adviser Muhammad Fouzul Kabir Khan that the government is planning to use more oil-fired power ...

Energy-efficient intervention can cut emissions in brick industry : Study

Shahnaj Begum

To increase energy efficiency and reduce emissions in the brick manufacturing industry by encouraging operational changes could reduce 23-percent energy use and 20-percent reductions in CO? and PM2.5 emissions, a study said. Brick manufacturing is a major source of greenhouse gas emissions and air pollution, as the practice releases carbon dioxide (CO?), fine particulate matter (PM2.5), ...

Six-season Bengali year evaporating in heat wave

Shahnaj Begum

Bangladesh faces a critical challenge in tackling the intensifying heat waves, as heat stress kills 3.12 hours in productivity of an individual everyday and cash out additional TK 516 of an individual belonging to low-income communities annually, International Centre for Diarrhoeal Disease Research, Bangladesh (icddr,b) and Bangladesh Red Crescent Society research said.Agriculture, also witnesses low ...