Bangladesh team visits WSU to expand expertise in electricity
A group from Bangladesh traveled halfway across the world to learn to better develop electrification in their country from Washington State University (WSU) experts in power engineering.
“We are working for the villagers,” said Abdul Aziz, executive engineer with his country’s Rural Electrification Board (REB), whose members will spend several weeks in Pullman. “We are learning methods at WSU that will help us bring the villagers better service and an improved distribution system.”
WB to provide $ 600m loan for Bangladesh rural power
Bangladesh will receive a US$600-million loan from the World Bank (WB) in order to improve electricity supplies to rural areas, in order to reduce poverty and create jobs, the mulitlateral lender said in a statement on Saturday.
The loan was approved by the World Bank's board a day earlier.
The credits from the International Development Association (IDA), the World Bank's concessionary arm, have 40 years to maturity with a 10-year grace period and carry a service charge of 0.75 per cent.
Mohammad Saiful Isla...
The credits from the International Development Association (IDA), the World Bank's concessionary arm, have 40 years to maturity with a 10-year grace period and carry a service charge of 0.75 per cent.
Mohammad Saiful Isla...
Japan plan keeps nuclear as key energy source
Japan unveiled its first draft energy policy since the Fukushima meltdowns three years ago, saying nuclear power remains an important source of electricity for the country.
The draft presented Tuesday to the Cabinet for approval expected in March, said Japan's nuclear energy dependency will be reduced as much as possible, but that reactors meeting new safety standards set after the 2011 nuclear crisis should be restarted.
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Indian co to explore in Bay of Bengal
ONGC Videsh Ltd (OVL) and its partner Oil India Ltd (OIL) have signed contracts to explore for oil and gas in two areas in Bangladeshi waters.
An equal joint venture of OVL, the overseas arm of state owned Oil and Natural Gas Corp (ONGC), and OIL on Monday signed production sharing contracts (PSC) for shallow water blocks SS-04 and SS-09 in Bangladesh.
“OVL along with OIL formed a consortium (50:50) and participated in the Bangladesh Offshore Bidding Round 2012, launched by Bangladesh Government during December 2012,” the company said in a statement.
India downgraded in aviation safety, joins Bangladesh, Indonesia
India has joined countries such as Indonesia, the Philippines and Bangladesh that have a Category 2 rating in aviation safety. US Federal Aviation Administration (FAA) authority has downgraded India's aviation safety rating, citing a lack of safety oversight, meaning the country's carriers cannot increase flights to the world's biggest aviation market and face extra checks for existing ones.
As of November 22, FAA kept 81 of the 96 countries reviewed in Category 1. India had been in Category 1 since 1997, the FAA said in a statement.
Trade boost bid with Biman Bangladesh
Bilateral trade between India and Bangladesh is set for a boost with the decision of Biman Bangladesh Airlines to begin services between Dhaka and Guwahati from July.
The industry today welcomed the decision, saying it would facilitate people-to-people contact and boost trade, primarily in the hospitality and tourism sectors, reports the Telegraph.
“People-to-people contact is a must for trade relationships to thrive. Confederation of In...
“People-to-people contact is a must for trade relationships to thrive. Confederation of In...
