Uncertainty regarding the procurement process of one lakh ton of diesel and furnace oil for proposed 17 power plants is likely to be delayed affecting 1,380MW of electricity generation by 2011, sources in the Power Division said.
The government is determined to go ahead with its resolve to explore and lift natural gas, prime minister Sheikh Hasina told parliament (JS) yesterday.
The government’s costly venture to add 530MW electricity by August 2010 will not benefit farmers and consumers as both irrigation and summer seasons will be over before the rental power plants become operative, observed power experts.
The government today formed a committee headed by Bangladesh Bank Deputy Governor Ziaul Hasan Siddiqui to raise funds for generating electricity. The committee would raise up to $10 billion and outline a plan how the money would be used.
Power Division will form a Public Limited Company(PLC) which will work to establish four coal based power plants having capacity of producing 5,00MW of electricity each by 2014 through Public Private Partnership (PPP). "For this, the Power Development Board (PDB) has already formed a committee to prepare draft for this company," a senior official of the Power Division said.
The government has planned to add 717 MW of electricity in national grid from eight public and private-owned power plants by December next, a senior official of Power Division said yesterday. "Of the 717MW of electricity, a total of 480MW would add from public sector and the rest from private sector," the official said.
The Government has plan to import 1,500MW of electricity under cross boarder trade from India and Bhutan, sources in Ministry of the Power, Energy and Mineral Resources said.
The World Bank has approved a $130 million credit to Bangladesh to increase access to electricity in rural areas through local renewable energy projects, a WB handout said Saturday.
The World Bank approved a $130 million credit to Bangladesh on Friday to increase access to electricity through installation of affordable Solar Home Systems (SHS) in rural areas.
The move towards installing a nuclear power plant has gone one step forward as the Russian government has invited Bangladesh to send a delegation to visit its nuclear power projects and sign deals.
