8:28 am - Monday February 17, 2020
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Industry

Huge growth prospects of rental power in Bangladesh

quick rental
The Indian subcontinent power rental market was valued at over $100 million in 2014 according to a research report by Verify Markets. The market in India was the largest within the Indian Subcontinent by far followed by Pakistan and then Bangladesh. Bangladesh also contributes towards the temporary power or rental power plants in the region. However, those plants have an uncertain future. Once the country commissions its permanent power plants, most of those plants will likely shut down by 2020. quick rentalMany of these permanent power plants...

PNOC EC oil exports to Bangladesh up

bpc-oil
PNOC Exploration Corp. (PNOC EC) aims to maintain oil exports to Bangladesh and Indonesia, which rose slightly in 2014 compared to 2013 shipments. Oil deliveries to Bangladesh via state-owned Bangladesh Petroleum Corp. (BPC) reached 382,759 metric tons (MT) for 2014 worth about $342.3 million, company president and CEO Pedro A. Aquino Jr. told the Inquirer. The initial estimate for 2014 was 382,751 MT. bpc-oilThe total volume consisted of gas oil, motor gasoline or mogas and high speed fuel oil or HSFO. In 2013, PNOC EC sold 382,751.93MT to Banglades...

Country powers ahead on off-grid solar

solar Bangla
More than the technology it is the advocacy that allowed the Bright Green Energy Foundation (BGEF) to install more than 145,000 solar home systems (SHS) that benefit eight million rural people in Bangladesh. SHS units including solar panels, battery and regulator are not displayed in showrooms. Instead BGEF has been directly promoting the benefits of its environment-friendly technology in the field since 2010, when it was registered. solar BanglaDipal Chandra Barua, the founder of BGEF, puts his faith in rural-based Green Technology Centres...

Govt plans to build 2 additional land-based LNG terminals

The Bangladesh Government is planning to develop two additional land-based liquefied natural gas (LNG) terminals at Moheshkhali in Cox’s Bazar and Paira Seaport area. Bangladesh Energy and Mineral Resources Division (EMRD) expects the project to be implemented by the state-owned oil company Petrobangla, reported an English Daily. Govt-logo-bangladeshPetrobangla is believed to have been directed by the government to select a consultant and to float an expression of interest to develop the LNG projects, which would address pot...

BD RMG industry can be a role model for Africa

Historically, the path to wealth for nations has run through manufacturing. Manufacturing gives you a way to quickly move a lot of people from low-productivity farming to higher-productivity jobs without requiring that they pick up lots of new skills first. And the garment industry fits the bill admirably; it does not not require lots of expensive infrastructure or a skilled population that can supply and maintain fancy machines, and it does use lots of low-skilled labor. Once you get people through the factory gates, their higher productivity and earnings will support improvements in infrastructure, education and services, that can fuel further growth. Eventually, one hopes that your country will get too rich to support much garment manufacturing, because workers will be able to comman...