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Dhaka Friday,  Mar 29, 2024

Disparity In Power Prices Raises Parliamentary Panel’s Eyebrows

bdnews

The parliamentary standing committee on power, energy and mineral resources has questioned the disparity in rates the government is charging for 10 different plants currently under construction in Bangladesh.

The ministry has submitted a report which cites differences in land prices, logistics, transport cost, engine capacity as reasons behind the ‘unmatched rates’.

Costs of placing transmission line, transport cost, varied rates of fuel and generator are among some other reasons mentioned in the report submitted at a meeting of the committee on Sunday.

“We asked the ministry for Information, and they have submitted the report. It will be reviewed and discussed at the next meeting,” said Tajul Islam, chairman of the committee.

According to the report, electricity will be purchased from the diesel and furnace-run plants at the following rates:

Power plant  Location Capacity (megawatt) Rat (per kilowatt)
Confidence Power Holdings Ltd Bogra 113 10.60 cents
 Midland Power Management Company Ltd Ashuganj, Brahmanbari 150 10.50 cents
Orion Power Management Lobonchora, Khulna 110 10.60 cents
Consortium Of Summit Corporation Ltd and Summit Power Ltd Kodda, Gazipur 300  10.60 cents
Ecron Infrastructure Service Ltd, Potia, Chittagong, 100 10.50 cents
Energy Ltd Chandpur 200 10.65 cents
Bangla Trek Ltd  Daudkandi, Comilla 200 25.41 cents
Bangla Trek Ltd Nayapara, Jessore, 100 25.41 cents
Egreko International Projects Ltd Keraniganj, Dhaka 200 25 cents
APR Energy Keraniganj, Dhaka 300 25.41 cents

One cent=Tk 8.5)
The ministry has approved the plants that are expected to together produce 1,773-megawatt electricity.

The ministry has ordered Bangladesh Power Development Board to stick to the same conditions it outlined for previous agreements with other private companies while signing agreements with these 10.

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