The cabinet committee on purchase yesterday approved eight power plants —
to be built, owned and operated (BOO) by local private companies — in a
bid to tackle the country’s growing energy crisisThe committee at a meeting chaired by Finance Minister AMA Muhith also
okayed the second phase of techno-feasibility study of Rooppur Nuclear
Power Plant.The eight plants — five coal-based, one gas-fired and two furnace
oil-fuelled — will generate 2,706 megawatts of power. The government
will purchase it at a price of Tk 6.6 to Tk 6.79 per kilowatt (kW).Talking to journalist after the meeting, Muhith said the companies who
got the job will decide from where they will procure coal. They will
have to specifically mention the source of coal during the signing of
agreements.The agreements will also stipulate punishment to the companies if they
fail to go for production in time. They have informed the Power Division
that foreign sponsors will also be with them but they (companies) will
be accountable to the government.Of the eight power plants, Orion Power and Associates will set up three
coal-based ones in Dhaka and Chittagong with a maximum generation
capacity of 1,400 MW, and the tariff will be Tk 6.69 to Tk 6.76/kW.Orion had previously installed a couple of rental power projects but it
lacks experience of building base load large power plants.Two other coal-based plants will be set up by a joint venture of S Alam
Steel Ltd, S Alam Super Edible Oil Ltd, S Alam Cement Ltd and HTG
Development Group Co Ltd in Chittagong and Barisal. Generation capacity
of the two plants will be a maximum of 1,100 MW and tariff will be Tk
6.60 and Tk 6.79/kW.S Alam and HTG Group have no experience of building commercial power plants.Besides, a gas-fired 50 MW power plant will be built in Fenchuganj by
Liberty Power consortium, whose main sponsors are expatriate
Bangladeshis. Tariff for electricity from the plant would be Tk 2.14/kW.The cabinet committee gave the nod for two more furnace oil-fuelled
power plants with a generation capacity of 156 MW to be set up by the
Consortium of Summit Industrial & Mercantile Corporation (Pvt) Ltd
and Summit Power Ltd at Madanganj in Narayanganj and at Barisal.It also approved a hard-term export credit of $265 million to be
received from Russia for primary work, including techno-feasibility
study of the nuclear power plant.
Of the $500 million primary work, $45.9million was already approved by the committee in the first phase in June.Russian state-owned company Atomstroyexport will work as contractor for these jobs, Muhith said.Appointment of a consulting firm for Detailed Engineering Design of Bus Rapid Transit (BRT) line from Shahjalal International Airport to Jheelmil project area was also okayed yesterday.The finance minister said the site of Rooppur plant has been selected on the basis of study. It does not seem to fall on any earthquake fault.The minister mentioned that after the nuclear disaster at Chernobyl in Russia, an international covenant was signed that says if any such accident occurs in future the country that supplied the nuclear reactor will bear the responsibility for it.He said he thinks there is such a clause in the agreement between Bangladesh and Russia on the Rooppur plant and added that the energy ministry could give details about this.
Of the $500 million primary work, $45.9million was already approved by the committee in the first phase in June.Russian state-owned company Atomstroyexport will work as contractor for these jobs, Muhith said.Appointment of a consulting firm for Detailed Engineering Design of Bus Rapid Transit (BRT) line from Shahjalal International Airport to Jheelmil project area was also okayed yesterday.The finance minister said the site of Rooppur plant has been selected on the basis of study. It does not seem to fall on any earthquake fault.The minister mentioned that after the nuclear disaster at Chernobyl in Russia, an international covenant was signed that says if any such accident occurs in future the country that supplied the nuclear reactor will bear the responsibility for it.He said he thinks there is such a clause in the agreement between Bangladesh and Russia on the Rooppur plant and added that the energy ministry could give details about this.
No comments:
Post a Comment