Bangladesh rental power hit for increasing electricity prices

Bangladesh electricity prices are increasing due to government projects on quick-rental power.

This was the observation of speakers at a discussion meeting on ‘Power Tariff Hike’.

Organised at the National Press Club by Forum for Energy Reporters Bangladesh, speakers said it’s not a right decision for the government’s to take series of rental power projects in a short time. 

“If the government took long-term and energy-efficient large-scale power plants, then the power tariffs might be cost-effective,” the meeting was told.

According to Prof M Tamim, the government was compelled to produce electricity from costly power projects as it failed to install the large power projects in time. 

“Power tariffs would not have to be hiked frequently if the government was able to invest in Bibiyana-1- like large power projects in time,” he observed.

Rafiqul Basar, director of FERB, presented the keynote paper and said the government has permitted installing around 3000MW rental electricity. “But the government produces less than 2000MW electricity from the plants,” he said. He said around 1000MW electricity gets capacity payment.

https://www.energybangla.com/2012/10/01/2332.html