Energy News
Sep 4, 2024
Gas theft worth $1b per year citing ‘system loss’: Experts
Irregularities and corruption in the country’s power and energy sector resulted in an average of $1 billion in annual gas theft over the years 2020, 2021 and 2022, with these losses showing up as “system loss.”
Source: The Business Post
Sep 3, 2024
Asian govts urged to accelerate energy transition
The two-day energy finance conference of the US-based Institute for Energy Economics and Financial Analysis began in Kuala Lumpur on Tuesday with a call on the governments of Asian countries to accelerate energy transition to get rid of costly and unreliable fossil fuels.
Source: The New Age
Sep 3, 2024
Fouzul seeks UNDP’s cooperation for energy sector development
Power, Energy and Mineral Resources Adviser Muhammad Fouzul Kabir Khan today sought support of United Nations Development Programme (UNDP) for the development in the country’s energy sector.
Source: The Bangladesh Sangbad Sangstha
Sep 1, 2024
Big-deal Tk 15.52b loan for Orion solar project blocked
Everything was set to approve a loan worth Tk 15.52 billion for Orion solar-power project bypassing certain conditions, including the single-borrower exposure limit. But following the change of government through student-people uprising the Financial Institution Division of the Ministry of Finance refused to give the approval at the last moment, thereby saved the country's banking from witnessing yet another loan scam.
Source: The Financial Express