11 proposals including extension of four rental power plants and import of 200,000 metric tons of rice from Myanmar received the nod of the Cabinet Committee on Government Purchase (CCGP) on Wednesday.
Agriculture Minister Mohammad Abdur Razzaque presided over the meeting due to non-availability of Finance Minister AHM Mustafa Kamal.
According official sources, rental plants are 100 MW Julda, Chattagram, plant of Acorn Infrastructure Services Ltd, 50 MW Katakhali, Rajshahi power plant of Northern Power Solutions Ltd, 100 MW Keraniganj plant of PowerPac Mutiara Keraniganj Power Plant Ltd and 50 MW Amnura, Chapainababganj plant of Sinha Power Generation Company Ltd.
They said the four HFO-based power plants received the approval for two year extension of their contracts under which the state-owned Bangladesh Power Development Board (BPDB) will purchase electricity for next two years.
“But contracts will be extended under a new term and condition—No Power, No Payment—basis. The operators will not get any capacity payment as per new condition”, said a senior official at the Power Division.
He also informed that as a result of the new condition, the new tariff will be applicable in purchasing electricity.
Bd-pratidin/Ishrar Tabassum