Dhaka, Jan 10 (UNB) – Indian company KEC has won the contract for installation of the country’s longest 400 kV power transmission line.
The Power Grid Company of Bangladesh (PGCB), which is entrusted with power grid operation, awarded the contract to KEC to build the 214- km long high tension transmission line from Meghnahgat of Narayanganj to Madunaghat of Chattagram.
As per the contract, the Indian firm will build the double circuit transmission line within next 34 months at a contract value of Tk 1,734 crore on a turnkey basis.
This would be the longest transmission line in the country in terms of contract value and time as well, said a top official of the PGCB.
A press release of PGCB mentioned that the organisation signed a contract with the KEC on Thursday to award it the contract.
It said this would be the main transmission line between Dhaka and Chattagram which will improve the power transmission capacity and bring different benefits to the power system including reduction of system loss.
Currently, power is being transmitted between Dhaka and Chattagram through a 230 kV and 132 kV transmission lines.
PGCB officials said the biggest benefit will be that this transmission line will facilitate power transmission from the proposed 1200 MW Matarbari power plant in Cox’s Bazar to Dhaka.
They informed that PGCB has undertaken the project with financial support from Japan International Cooperation Agency (JICA).
Bangladesh government and PGCB also funded the project under the Dhaka-Chattgram Main Power Grid Strengthening Project, they added.
PGCB company secretary Ashraf Hossain and KEC country director Kuldeep Kumar Sinha signed the contract on behalf of their respective sides.
PGCB managing director Masum Al Beruni, executive directors Emdadul Islam, Safayet Hossain, Khondaker Abdul Hai, project director Yakub Ali, KEC chief manager Kishore Talekar and Deepak Yadav were also present on the occasion.
London, Jan 10 (AP) — Dutch Prime Minister Mark Rutte says he is working with France, Germany and other nations to help his British counterpart Theresa May win Parliament's approval for her divorce deal with the European Union.
Speaking Wednesday night after meeting with Japanese Prime Minister Shinzo Abe in the Dutch port city of Rotterdam, Rutte said he and his European allies are striving "to help my British colleague to bring the vote next week to a successful outcome."
Rutte did not elaborate on what he and other leaders are doing to help win support for May's Brexit deal in the deeply divided British House of Commons.
However Rutte stressed that "the present deal on the table is, I think, the best deal."
British lawmakers have dealt Prime Minister Theresa May her second defeat in two days in battles over the government's plans for Brexit.
The House of Commons voted for a motion designed to prevent the government delaying key decisions as Brexit approaches on March 29. The measure says that if Parliament rejects the divorce deal May has agreed with the European Union, the government must come up with a "Plan B" within three days.
The government previously had 21 days to report back to Parliament.
Lawmakers are due to vote on May's deal on Tuesday, and look likely to reject it.
Opponents of the agreement suspect the government may try to run down the clock, to leave Parliament facing a last-minute choice between May's deal and a no-deal Brexit.
On Tuesday, lawmakers voted to put curbs on the government's ability to spend taxes on no-deal measures.
A top European Parliament leader is appealing to lawmakers in London to show "responsibility" as they resume consideration of Britain's divorce deal with the European Union.
Many British lawmakers detest the deal agreed between Brussels and Prime Minister Theresa May. Britain is due to leave the EU March 29, and fears have risen that it may do so without a deal in place.
Manfred Weber, a German conservative who heads the biggest group in the European Parliament, said in Berlin Wednesday that "it's Britain's move. Our colleagues in Britain's lower house carry great responsibility now — the agreement is on the table."
News agency dpa reported that Weber said everyone must realize that a no-deal withdrawal on March 29 would "lead to very difficult, perhaps even chaotic situations."
The British government is bringing its little-loved Brexit deal back to Parliament, a month after postponing a vote on the agreement to stave off near-certain defeat.
Lawmakers are beginning five days of debate Wednesday on the agreement with the European Union setting out the terms of Britain's departure from the bloc on March 29.
A vote, initially slated for December, is scheduled for Jan. 15.
But opposition remains strong from both pro-Brexit and pro-EU U.K. lawmakers. Brexiteers are urging the government to ramp up preparations for leaving the EU without a deal.
But many lawmakers, and businesses, say that could cause economic turmoil.
The de-facto deputy Prime Minister, David Lidington, said the only way to avoid a disruptive no-deal "is for Parliament to endorse and ratify a deal."
Dhaka, Jan 9 (UNB) - NOVOAIR announced a 10% discount for frequent flyer program-SMILES members marking its 6th anniversary.
The tickets could be purchased from any NOVOAIR counter from January 9-13 which will be valid till 31 December 2019.
NOVOAIR introduced “SMILES” frequent flyer program for its valuable customers for the first time in Bangladesh.
NOVOAIR is celebrating its 6th anniversary with travel agencies across the country and its valued passengers.
From 2013 to 2018, NOVOAIR operated more than 47,500 flights and carrying over 25 lac passengers with 98.97 percent remarkable on time performance.
Currently, NOVOAIR operates daily flights from Dhaka to Chattogram, Cox's Bazar, Jashore, Sylhet, Saidpur, Barishal, Rajshahi and Kolkata with six ATR 72-500 aircraft.
Dhaka, Jan 8 (UNB) – Walton’s fourth nationwide Digital Campaign will kick off on Wednesday with the beginning of the Dhaka International Trade Fair-2019.
The company has announced various benefits for customers who will registrar products purchased from Walton Pavilion DITF-19 or any other outlet.
Customers will be able to win free motorcycles, fridges, televisions, air conditioners, laptops and others electronics and electrical appliances or cash vouchers, ranging from Tk200 to Tk1 lakh.
Buyers of Walton fridge, television, air conditioner, laptop, computer, washing machine, generator and microwave oven will be eligible for the season-4 offers, the company announced on Tuesday at its corporate office.
Ariful Ambia, deputy executive director of Walton Group, said, details of the customers and their purchased products would be stored on a server.
Customers can seek post-sales services by visiting support.waltonbd.com and see the status of the product online.
Bangkok, Jan 8 (AP/UNB)— Shares rose in early European trading after a mixed day Tuesday in Asia in the absence of official updates on China-U.S. trade talks in Beijing.
KEEPING SCORE: The DAX in Germany gained 0.3 percent to 10,777.42 and France's CAC 40 was up 0.4 percent at 4,737.69. Britain's FTSE 100 picked up 0.5 percent to 6,847.14. Wall Street looked set for gains, with the future contract for the Dow up 0.4 percent at 23,603.00 and that for the S&P 500 also 0.4 percent higher at 2,560.90.
ASIA'S DAY: Japan's Nikkei 225 index gained 0.8 percent to 20,204.04 and the Hang Seng in Hong Kong added 0.2 percent to 25,875.45. Australia's S&P ASX 200 gained 0.7 percent to 5,722.40 and the South Korean Kospi gave up 0.5 percent to 2,026.23. India's Sensex gained 0.2 percent lower to 35,906.68. Shares fell in Taiwan, Indonesia and Thailand but rose in Singapore.
CHINA-US TRADE: An official Chinese newspaper warned Washington not to demand too much from Beijing as talks on ending their tariff war entered a second day Tuesday with no word on possible progress. Investors have been encouraged by the resumption of the talks between Beijing and Washington on a dispute over technology that has resulted in both sides imposing penalty tariffs on billions of dollars' of each other's exports. Those duties are likely to rise in March if no progress is made. The two-day working level talks were due to wrap up Tuesday.
ANALYST'S VIEWPOINT: "Against the backdrop of negotiations held in Beijing, the optimism from U.S. Commerce Secretary Wilbur Ross, who sees 'a very good chance' for a reasonable settlement with China has kept the sun shining over equities on Wall Street," Jingyi Pan of IG said in a commentary.
ENERGY: Oil prices continued their recent rally. U.S. crude gained 6 cents to $48.58 per barrel in electronic trading on the New York Mercantile Exchange. It rose 1.2 percent to $48.52 per barrel in New York. After sinking to an 18-month low of $42.53 a barrel on Dec. 24, the price of U.S. crude rose for seven of the last eight trading days. Brent crude, used to price international oils, picked up 13 cents to $57.46 per barrel after rising 0.5 percent in London.
CURRENCIES: The dollar rose to 108.98 yen from 108.73 yen. The euro slipped to $1.1446 from $1.1475.