Category: Energy and Power

The government has increased the prices of diesel, kerosene, petrol and octane by Tk2 per liter, even as global oil prices continue to fall.

the Energy and Mineral Resources Division issued a notification on 30 November, announcing the revised rates. Under the new pricing, effective from 1 December, diesel will retail at Tk104 per liter, kerosene at Tk116, octane at Tk124, and petrol at Tk120. Previously, on 31 May, the energy and mineral resources division last announced fuel prices, fixing diesel at Tk102 a liter, kerosene at Tk114, octane at Tk122 and petrol at Tk118. The government then kept fuel prices unchanged for five consecutive months.

the price hike comes just ahead of the boro season, raising farmers’ production costs.

Frustrated by prolonged gas shortages and ‘Titas Gas’s failure’ to provide any meaningful assurance, residents of Jatrabari recently staged protests, disrupting traffic on a key national highway. Residents of Shekdi area blocked parts of Dhaka-Chattogram Highway including Shanir Akhra, Kajla, and Jatrabari, bringing vehicular movement to a standstill.

the protest ended peacefully for the day but demonstrators warned they would resume their agitation on Wednesday if their demands are not met within 24 hours. Some residents of Shekdi area said they have been facing severe hardship due to a prolonged gas crisis and cooking has become nearly impossible, forcing many to rely on expensive alternatives

Bangladesh requires a p p r o x i m a t e l y $146.81 billion as total climate finance until 2050, while the total adaptation finance needs will be $86.04 billion. On the other hand, $60.77 billion will be required to address the total mitigation needs (2021-2030), says a new report explaining Bangladesh’s climate finance requirements.

the report titled, ‘Climate Finance Synthesis Report: Needs, Flows and Gaps in the HKH countries’, was released by the International Centre for Integrated Mountain Development (ICIMOD).

the Hindu Kush Himalaya (HKH) region faces escalating climate risks, including glacial melt, biodiversity loss, and extreme weather events, posing severe threats to ecosystems, livelihoods, and the well-being of billions dependent on its resources. Bangladesh has a substantial 59% funding gap, despite a high level of commitment, underscoring the significant need for increased disbursement rates, said the report.

The Maitree Super Thermal Power Plant (MSTPP) of BIFPCL (Bangladesh India Friendship Power Company Ltd), a JV of BPDB and NTPC at Rampal has achieved a remarkable national milestone by generating 700 MkH of electricity in November 2025 – the highest monthly generation by any power plant in Bangladesh. This historic performance stands as a testament to MSTPP’s exceptional operational excellence and reliability.

throughout the month, MSTPP consistently supported the national grid by contributing nearly 11.5% of Bangladesh’s total electricity demand, thereby reinforcing its position as the country’s foremost power generator. MSTPP has been delivering over 600 MkH or about 8% of Bangladesh’s total electricity demand regularly, and the November achievement sets a new benchmark in the nation’s power sector.

Zhongchu Guoneng (Beijing) Technology Co., Ltd. (ZCGN) says officials in Sanmenxia, Henan province, have cleared a 700 MW/4,200 MWh compressed air energy storage proposal that is designed to support long-duration grid flexibility as renewable generation increases. China is moving ahead with one of its biggest compressed air energy storage (CAES) projects after officials in Shanzhou district of Sanmenxia, Henan province, cleared a proposal for a 700 MW/4,200 MWh long-duration storage plant from ZCGN, the country’s leading CAES developer.

the six-hour-duration system marks a major step in Henan’s drive to create a modern grid capable of integrating growing amounts of intermittent renewable generation. With its filing approved by the local Development and Reform Commission on Nov. 24, the project is expected to commence construction in 2026, subject to environmental, land-use, and planning clearances.

The United Nations Framework Convention on Climate Change (UNFCCC) and the International Centre for Integrated Mountain Development (ICIMOD) launched the Hindu Kush Himalaya Regional Climate Action Transparency Hub (HKHRCATH) recently. The launch builds on a three-year memorandum of understanding, establishing a dedicated platform for ICIMOD’s eight RMCs – Afghanistan, Bangladesh, Bhutan, China, India, Nepal, Myanmar, and Pakistan.

the hub aims to provide sustained capacity building and promote data and experience sharing across the region. The HKHRCATH was launched during a Regional Stakeholders Consultation Workshop in Paro of Bhutan, which brought together country representatives to define priority actions for implementing the Paris Agreement’s Enhanced Transparency Framework (ETF) across the region, according to a message received in Dhaka recently.

State-run Petrobangla has decided to import at least seven additional LNG cargoes annually, preferably from the spot market, using the proceeds from the recent tariff hike in order to feed the gas-starved fertilizer factories. ‘We’ll include the plan for additional liquefied natural gas (LNG) cargo import in the Annual Delivery Program for 2026,’ a senior official at Petrobangla said.

the additional LNG imports are intended to ensure increased gas supply to fertilizer factories, which have faced repeated shutdowns due to chronic gas shortage, he said. The Bangladesh Energy Regulatory Commission (BERC) has increased the natural gas tariff for fertilizer factories by 82.81 per cent to Tk 29.25 per cubic meter, effective from December 1. The commission raised the tariff following a public hearing on October 6 over proposals from Petrobangla and its subsidiary gas marketing and distribution companies.

Businesses across industries are already benefiting from the strong growth of the green economy, the second-fastest growing sector over the past decade. A new report, Already a Multi-TrillionDollar Market: A CEO Guide to Growth in the Green Economy, finds that the green economy has already reached $5 trillion a year and is on track to exceed $7.0 trillion within the decade. Developed in collaboration with the Boston Consulting Group, the research indicates that despite economic uncertainty and diverging environments, investment in green technologies continues to reach record highs. The report identifies the green economy as one of the world’s fastest growing sectors, outpaced only by tech, and highlights the advantages enjoyed by many companies embracing green solutions.

the research shows that companies with green revenues often outperform across multiple financial metrics.

on average, green revenues grow two times faster than conventional business lines across the market, while the cost of capital for companies with green revenues is typically lower.

Environment Adviser Syeda Rizwana Hasan has said that carbon trading mechanisms must function simultaneously as investment channels, technology transfer instruments, and mitigation tools. ‘Even if we receive full adaptation financing, we cannot guarantee protection of our coastal regions unless mitigation is strengthened,’ she stated, adding that adaptation has clear limits, making mitigation the ultimate pathway to long-term resilience. She made the remarks while addressing a workshop titled Business Forum on Joint Crediting Mechanism (JCM) Project Matchmaking and Advancing Article 6 Implementation in Bangladesh at the Department of Environment, organized in collaboration with the Ministry of the Environment, Japan recently.

the Advisor welcomed the revised JCM rules aligned with Article 6 of the Paris Agreement and noted Bangladesh’s pre-launch of its first national carbon market framework during COP30.

Doreen Power has decided to sell its last gasbased power plant as scrap, e f f e c t i v e l y shutting down its electricity g e n e r a t i o n operations from natural gas.

it will continue generating revenue and profits from its subsidiaries, which are heavy fuel oil-based power plants, until 2037.

according to a recent stock exchange filing, the company’s board of directors decided to sell all noncurrent assets of its Narsingdi 22MW power plant upon the expiry of a 15-year contract with the Bangladesh Rural Electrification Board (BREB).

the company also said it was not interested in renewing the deal.

the company has already sold its plants in Tangail and Feni after failing to renew contracts with the government.

the same thing happened with the third plant. Doreen Power started its business with gas-based power plants with a capacity of 22 MW each. However, no revenue has been generated from these plants since 2024.