Dhaka, Nov 1— The Executive Committee of the National Economic Council (ECNEC) has approved a Tk 34 billion power plant project to reduce the power shortage.
The work of Ashuganj 450 Megawatt Combined Cycle Power Plant (North) project is scheduled to start at the beginning of 2012 and go into generation in 2015.
Top economic policymaking body of the country also approved five other development projects on Tuesday at its regular meeting, planning secretary Bhuiyan Shafiqul Islam told reporters.
Prime minister Sheikh Hasina presided over the meeting held at the NEC conference room at city's Sher-E-Bangla Nagar.
Shafiqul said Ashuganj Power Station Company Limited would implement the power plant project.
The Asian Development Bank and Islamic Development Bank would provide US$ 228 million, or 88 percent of the total project costs, while the government would arrange the remaining fund.
The objective of the project is to cut demand-supply gap of power through gas-based power generation in the northeast region of the country.
"The power shortage and load-shedding in Chittagong and Ashuganj (Brahmanbaria) region will be addressed mostly when the project is implemented," the secretary added.
Ashuganj Power Station, run by Bangladesh Power Development Board, now produces 674MW of electricity daily and is the country's second largest electricity-generation plant, feeding up to 13 percent of the total power need of the country.
The new plant in Ashuganj, 90km northeast of the capital, will supply power to the national grid.
The five other projects approved at the ECNEC meeting are development of comprehensive fisheries and livestock in the flood control and irrigation project areas and other water-body areas (4th phase) involving Tk 1.15 billion, institutional development and strengthening project for Bangladesh Marine Fisheries Academy (Tk 400 million), establishment of regional duck breeding farm and hatchery (third phase) (Tk 1.63 billion), establishment of Khulna district jail (Tk 1.44 billion) and construction of 85 border outposts (BOP) for Border Guard Bangladesh (BGB) in different bordering areas (Tk 450 million).
From:
bdnews24.com
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