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India proposes Tk 7.25 per unit electricity
Mon, 09/01/2012 - 5:10am | by priyodesk
The rate is almost double than power produced at Barapukuria
The National Thermal Power Company (NTPC) of India has estimated per unit electricity rate at Tk 7.25 from the proposed joint venture (JV) 1,320MW Bagerhat coal-fired power plant.
The rate is more than double compared to that from local coal-based power plant at Barapukuria, a senior official of Bangladesh Power Development Board (BPDB) said.
Now, electricity production cost at Barapukuria is around Tk 3.55 a unit (per kilo-hours), official said.
The BPDB came to know about per unit cost of electricity at the final negotiation with NTPC last week. The Bangladesh officials discussed a feasibility study report with their Indian counterpart on installation of the plant, BPDB official said.
Initially, the NTPC proposed electricity at Tk 8.55 per unit, according to the official.
We have already reduced civil work cost of the plant to Rs five billion, the official said on condition of anonymity. But he declined to disclose the final civil and other costs for the plant.
The project cost was earlier estimated at around Tk 112 billion, officials said adding the cost might increase by almost 60 percent, official sources said.
We are facing difficulties on signing the deal with India as the government has already awarded three independent power plants to a local company Orion Group with per unit cost of Tk 3.80 to Tk 4, he said.
BPDB has settled all disputes on signing the agreement, BPDB chairman ASM Alamgir Kabir told daily sun.
Commenting on per unit electricity cost, BPDB chairman said the rate could not be fixed as the value of US dollar fluctuates against the local currency Taka.
If per unit cost ranges between Tk 5 and Tk 6, then the project could be feasible, former adviser to a caretaker government Prof M Tamim said.
The deal scheduled to be signed tomorrow (January 10) might be delayed due to excessive costs proposed by NTPC, an official said on condition of anonymity.
The NTPC and the BPDB have already fixed rate of imported coal at US$ 145 per tonnes for power generation from the plant, another official said. The plant would require 4.75 million tonnes of coal annually.
As per the draft, the JVC will be constituted with six to ten directors including a chairman from Bangladesh and a managing director from India.
Each of NTPC and BPDB will nominate equal number of directors and both the chairman and the managing director will be appointed for an eight-year term.
Last year, the government took initiative to install the 1,320MW import-based coal-fired power plant on 2,309 acres of land at Rajnagar in Rampal upazila of Bagerhat district.
Mon, 09/01/2012 - 5:10am | by priyodesk
The rate is almost double than power produced at Barapukuria
The National Thermal Power Company (NTPC) of India has estimated per unit electricity rate at Tk 7.25 from the proposed joint venture (JV) 1,320MW Bagerhat coal-fired power plant.
The rate is more than double compared to that from local coal-based power plant at Barapukuria, a senior official of Bangladesh Power Development Board (BPDB) said.
Now, electricity production cost at Barapukuria is around Tk 3.55 a unit (per kilo-hours), official said.
The BPDB came to know about per unit cost of electricity at the final negotiation with NTPC last week. The Bangladesh officials discussed a feasibility study report with their Indian counterpart on installation of the plant, BPDB official said.
Initially, the NTPC proposed electricity at Tk 8.55 per unit, according to the official.
We have already reduced civil work cost of the plant to Rs five billion, the official said on condition of anonymity. But he declined to disclose the final civil and other costs for the plant.
The project cost was earlier estimated at around Tk 112 billion, officials said adding the cost might increase by almost 60 percent, official sources said.
We are facing difficulties on signing the deal with India as the government has already awarded three independent power plants to a local company Orion Group with per unit cost of Tk 3.80 to Tk 4, he said.
BPDB has settled all disputes on signing the agreement, BPDB chairman ASM Alamgir Kabir told daily sun.
Commenting on per unit electricity cost, BPDB chairman said the rate could not be fixed as the value of US dollar fluctuates against the local currency Taka.
If per unit cost ranges between Tk 5 and Tk 6, then the project could be feasible, former adviser to a caretaker government Prof M Tamim said.
The deal scheduled to be signed tomorrow (January 10) might be delayed due to excessive costs proposed by NTPC, an official said on condition of anonymity.
The NTPC and the BPDB have already fixed rate of imported coal at US$ 145 per tonnes for power generation from the plant, another official said. The plant would require 4.75 million tonnes of coal annually.
As per the draft, the JVC will be constituted with six to ten directors including a chairman from Bangladesh and a managing director from India.
Each of NTPC and BPDB will nominate equal number of directors and both the chairman and the managing director will be appointed for an eight-year term.
Last year, the government took initiative to install the 1,320MW import-based coal-fired power plant on 2,309 acres of land at Rajnagar in Rampal upazila of Bagerhat district.
