ADB approves loan for Bangladesh-India power link

[SpArK]

ADB approves loan for Bangladesh-India power link

The Asian Development Bank (ADB) said on Tuesday it approved a USD 100 million for a cross-border electricity initiative between Bangladesh and India that will provide impetus for increased power trading in South Asia.
The funds will be used to build a 40 km 400 kilovolt transmission line, along with a high voltage direct current substation and connecting loop, linking the western electrical grid of Bangladesh with India's eastern grid, the ADB said in a statement.

Around 500 megawatts of power are expected to flow into Bangladesh by 2012 as a result of the project, with the possibility of more in the future.
Bangladesh's fast growing economy has seen power demand sharply outstripping supply, resulting in frequent power cuts and losses in economic output estimated at nearly USD 1 billion a year.
"The project will signal a new era in energy cooperation in South Asia and is likely to herald further power trading agreements, resulting in the more effective use of existing energy resources in the region," said Sultan Hafeez Rahman, director general of ADB's South Asia Department.
It will also allow Bangladesh to reduce its reliance on stop-gap power measures such as rental generation facilities, and help to generate jobs and new business opportunities by providing a more reliable supply of power to industries.
ADB's assistance from its concessional Asian Development Fund makes up 63% of the total investment cost of USD 156.8 million.
The loan has a 32-year term including a grace period of 8 years, with interest charged at 1.0% per annum during the grace period and 1.5% per year for the rest of the term.

 

[gogbot]

I am waiting for someone to explain to me how this is

A raw ploy ?

An Indian Scheme ?

And an Awami sell out .

 

[bd_4_ever]

I am hopeful about this project....any decision to raise the electricity production should be welcomed, especially when things are being implemented....its hard to see my country people suffer for this, mostly ones who dwell in rural areas....

I am waiting for someone to explain to me how this is

A raw ploy ?

An Indian Scheme ?

And an Awami sell out .

Ah dude, Idune is suspended for the time being.... as soon as he returns, you will get 'overwhelming' answers on them....


Cheers!!!

 

[integra]

why is he being suspended?

 

[bd_4_ever]

why is he being suspended?

No idea....i was absent in PDF for somedays in between....


Cheers!!!

 

[jha]

I am hopeful about this project....any decision to raise the electricity production should be welcomed, especially when things are being implemented....its hard to see my country people suffer for this, mostly ones who dwell in rural areas....




Ah dude, Idune is suspended for the time being.... as soon as he returns, you will get 'overwhelming' answers on them....


Cheers!!!

There are some more..Al-Zakir,M-saint etc...Just wait and you will see the RAW's policy getting unfold here..

 

[eastwatch]

I am waiting for someone to explain to me how this is

A raw ploy ? An Indian Scheme ? And an Awami sell out.

RAW or no RAW, BD needs a lot of power to sustain and enlarge its economic activities. Someone familiar with small machines that churn out finished or semi-finished products know that each of these machines consumes about 800 watt to 2000 watt when in operation. It means that simply speaking, 1 single mW of electricity will run about 700 machines.

So, a 100 mW will run about 70,000 machines. We can safely assume that a hundred mW of power will employ 70,000 workers. I do not say all the power will go to the factory, but I am just making a point.

A 250 megawatt of electricity from India may directly employ about 175,000 persons, and there will be many more indirect employment as the wages the workers earn by producing goods in the factories will be cycled into the country's economy. A further calculation will show how much this electricity will raise the GDP of Bangladesh.

So, why not to get positive about this supply of power by India.

 

[foxbat]

RAW or no RAW, BD needs a lot of power to sustain and enlarge its economic activities. Someone familiar with small machines that churn out finished or semi-finished products know that each of these machines consumes about 800 watt to 2000 watt when in operation. It means that simply speaking, 1 single mW of electricity will run about 700 machines.

So, a 100 mW will run about 70,000 machines. We can safely assume that a hundred mW of power will employ 70,000 workers. I do not say all the power will go to the factory, but I am just making a point.

A 250 megawatt of electricity from India may directly employ about 175,000 persons, and there will be many more indirect employment as the wages the workers earn by producing goods in the factories will be cycled into the country's economy. A further calculation will show how much this electricity will raise the GDP of Bangladesh.

So, why not to get positive about this supply of power by India.

A very simple and astute analysis..

 

[bd_4_ever]

RAW or no RAW, BD needs a lot of power to sustain and enlarge its economic activities. Someone familiar with small machines that churn out finished or semi-finished products know that each of these machines consumes about 800 watt to 2000 watt when in operation. It means that simply speaking, 1 single mW of electricity will run about 700 machines.

So, a 100 mW will run about 70,000 machines. We can safely assume that a hundred mW of power will employ 70,000 workers. I do not say all the power will go to the factory, but I am just making a point.

A 250 megawatt of electricity from India may directly employ about 175,000 persons, and there will be many more indirect employment as the wages the workers earn by producing goods in the factories will be cycled into the country's economy. A further calculation will show how much this electricity will raise the GDP of Bangladesh.

So, why not to get positive about this supply of power by India.

In addition to that, the living standard of our people should increase, both financially and socially....which in turn will raise demand due to higher "marginal propensity to consume" and lead to a rise in output, which again will increase the GDP....the circular flow of income is also expected to increase along with that....


Cheers!!!

 

[prototype]

were is our all weather friend MBI MUNSHI

 

[fallstuff]

I am waiting for someone to explain to me how this is

A raw ploy ?

An Indian Scheme ?

And an Awami sell out .

Be careful of what you wish for !

 

[integra]

The thread is a good one but some indian members are dying for members to put on some trolling gestures which will again make it a bash each other thread. Thats just not professional.