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Dhaka Thursday,  Mar 28, 2024

Govt to procure power from Indian open market

EB Report

The government will procure 30-50 MW power from the open market of India.

The Cabinet Committee of Government Purchase (CCGP) at today’s meeting gave nod to the power procurement proposal held at cabinet division with Finance Minister A M A Muhith in the chair.

Mustafizur Rahman, Joint Secretary of Cabinet Division, after the meeting told reporters about the outcomes of the meeting.

“A total of 30-50 MW power would be procured from the open market of India at daily basis through agent,” he added.

“The CCGP has approved Taka 0.0496 for per unit as agent charge and the agreement would be for one year,” said the Joint Secretary.

Replying to a query regarding price of per unit, Mostafizur said, “The price of power varies regularly . . . but, the lowest price of per unit was Indian Rupee 1.7 while highest was 4.18 rupee in 2014.”

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