Proposals cleared to buy 140MW more power from India

The Cabinet Committee on Government Purchase (CCGP) has cleared two proposals to buy 140 megawatts of power from India.

Indian firm Jaiprakash Power Ventures Limited will supply 40MW in accordance with one of the proposals cleared on Wednesday.
 
Motafizur Rahman, an Additional Secretary at the Cabinet Division, briefed the media after the CCGP meeting, chaired by Finance Minister AMA Muhith, on Wednesday.
 
He said the 40MW will cost Tk 4.5 per kilowatt hour (kWh). 
 
“We are buying this 40MW to make up the systems loss in 500MW we are already taking from India,” he said.
 
Under the other proposal, Bangladesh will buy 100MW from Tripura over five years at Tk 6.25 per kWh, Rahman said.
 
There will be a 5 percent price rise every year. The 100MW will cost Tk 24.43 billion, he added.
 
The CCGP approved eight other proposals including one to purchase 150,000 tonnes fertiliser at $450 per tonne from Saudi Arabia.
 
Among the others is a project, to be assigned to the army, to strengthen a 1,300-metre stretch of the Padma riverbank next to the Padma Bridge at a cost of Tk 3.92 billion.