From Paris declaration 2015 vulnerable countries find hopes and aspiration to keep global warming within 2 degree and more ambitious proposition of 1.5 degree with an expectation to keep the nature in favor of them. If this declaration could be achieved sea level rise will be at a slower pace…
Amid a government move to administer the price of Liquefied Petroleum Gas (LPG) due to widespread allegations of price manipulation of the cooking fuel, LPG Operators’ Association of Bangladesh (LOAB) President Azam J. Chowdhury said they are not against automatic price formulation, but against fixing any arbitrary price. He also…
Tens of millions across China are facing power shortages in below-freezing winter temperatures, as three provinces impose curbs on electricity use due to surging demand and a squeezed coal supply. Residents, factories and businesses in Hunan, Zhejiang and Jiangxi provinces have been ordered to ration electricity with some areas citing…
Summit Power Limited (SPL) has approved a total 35% cash dividend i.e. inclusive of 15% interim cash dividend and 20% final cash dividend to its shareholders for the year ended on 30th June 2020. The dividend was approved in the presence of the Company’s shareholders at its 23rd Annual General…
Norwegian operator Østensjø Rederi has selected Wärtsilä’s Hybrid Upgrade solution for retrofitting two offshore construction vessels. The upgrades should lead to reduced use of the ships’ engine, correspondingly lower levels of exhaust emissions while operating in DP mode, and lower emission levels in all other operational modes. Both the Edda…
Bangladesh’s largest solar power plant in Mymensingh is fully installed with the Huawei Smart photovoltaic (PV) solution, that is supplying electricity to grid recently. The 73 MW PV power plant would help meet the government’s target of generating 10 percent of the country’s total electricity using renewable energy by 2021,…
The Department of Environment (DoE) has taken stern action against errant enterprises responsible for causing air pollution in the port city. On December 20, the DoE fined a steel manufacturer and a cement manufacturing company for polluting the air. DoE Director (Chittagong Metro) Mohammad Nurullah Noori slapped the fine following…
Bangladesh Power Development Board (BPDB), one of the corporate sponsors of the state-run Power Grid Company of Bangladesh (PGCB) Limited, has decided to sell 3.43 crore shares it held in Power Grid in the public market. According to a disclosure on Dhaka Stock Exchange website, BPDB has expressed its intention…
Prime Minister Sheikh Hasina recently urged the developed countries to come up with predictable and promised mitigation measures along with finance to face the adversity of climate change. “I would like to conclude urging all developed countries to come forward with predictable and promised mitigation measures along with climate finance,”…
President Vladimir Putin said recently that the Russian budget was becoming less dependent on oil and gas, key exports for one of the world's dominant petro-economies. Putin told reporters during a marathon end-of-year press conference it was clearly positive that, "70 percent of the Russian budget is not formed by…