Proposals cleared to buy 140MW more power from India
Senior Correspondent, bdnews24.com
Published: 2016-03-09 22:21:25.0 BdST Updated: 2016-03-09 23:12:32.0 BdST
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.
Any unauthorised use or reproduction of bdnews24.com content for commercial purposes is strictly prohibited and constitutes copyright infringement liable to legal action.
- Bangladesh Bank heist was 'state-sponsored': US official
- Bangladesh Bank officials face questions over fire in office building
- Direct train line to Darjeeling to run after fifty years
- Tripura to have three railway links with Bangladesh, says Indian minister
- US may accuse North Korea of theft of Bangladesh reserves at New York Fed: Wall Street Journal
- NSA official points the finger at North Korea in Bangladesh Bank heist
- New draft law proposes official clearance mandatory for building houses in villages
- World economy picks up after decade of stagnation
- Rooppur N-power plant: Bangladesh, Russia agree on spent fuel management plan
- Planning ministry detects misuse of fund in Chittagong court building construction
- Security forces raiding two militant hideouts in Moulvibazar
- Former Indian army veterans all praise for Bangladesh para-commandos
- Security forces launch operation on terror den in Moulvibazar
- Bombs turned Atia Mahal into a death trap, says army after Operation Twilight
- Section 144 clamped around two suspected Moulvibazar militant hideouts
- Police move to raid 'militant hideout' in Comilla
- SWAT team heading for Moulvibazar terror dens, army if needed, says home minister
- Police inspector in Bogra found hanging at home
- Pakistan not sending team to IPU Assembly in Bangladesh
- No cause for satisfaction over 'successes in a few anti-terror raids', says BNP chief Khaleda