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2023-09-13 17:11:33

Govt fixes power tariff for three power plants

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Govt fixes power tariff for three power plants

The government on Wednesday approved separate proposals for fixing power tariff for procuring electricity from two solar power plants and one wind-based power plant for a long 20-year period with an overall estimated cost of around Tk 19,476 crore.

The approvals came from the 30th meeting of the Cabinet Committee on Government Purchase (CCGP) in this year held virtually with Finance Minister AHM Mustafa Kamal in the chair, reports BSS.

Briefing reporters after the meeting, Cabinet Division additional secretary Sayeed Mahbub Khan said that the day's CCGP meeting approved a total of 14 proposals.

He said following a proposal from the Power Division, Bangladesh Power Development Board (BPDB) would procure electricity at Tk 10.8782 for per kilowatt hour from the Consortium of Green Progress Renewable BV and IRB Associates Ltd for a 20-year period under "No electricity no payment" method with around Tk 3,525.60 crore from the 100MW solar power plant being set up at Bochaganj upazila under Dinajpur district and Peerganj upazila under Thakurgaon.

Mahbub Khan said the BPDB will also procure electricity at Tk 10.9281 for per kilowatt hour for a 20-year period also from the Consortium of Ditrolic SA International Pte and Powernetic Energy Ltd with around Tk 3,542.40 crore from the 100 MW solar power plant being set up at Cox's Bazar Sadar upazila.

He also informed that the BPDB would procure electricity at Tk 13.414 for per kilowatt hour from JT New Energy Company Ltd for a 20-year period under Build-Own-Operate (BOO) Method with around Tk 12,408 crore from the 220MW wind-based power plant being set up at Chakoria in Cox's Bazar.

Bd-pratidin English/Golam Rosul

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