Cabinet body for 1600MW power purchase from India

Cabinet body for 1600MW power purchase from India

0

Dhaka – The cabinet committee on purchase recommended buying electricity from the proposed 1,600 MW coal based power plant Adani Group in Jharkhand of India at 8.6 US cent per unit.
The purchase committee paper, obtained by The Independent, showed that the committee recommended buying electricity for a period of 25 years from Adani group.During this 25 year period, the Bangladesh government has to pay a total of Tk 190975.607 crore to Adani Group to purchase that electricity as per the negotiated tariff.
Out of 8.6 US cent levelised tariff charge (LTC), 3.8 US cent will be for capacity charges per unit and 0.1 US cent for variable operation and maintenance (O&M) charges and 4.71 US cent for fuel price.
To bring that electricity from Jharkhand, India, a total of 235 kilometer 400KV double circuit transmission line has to be installed out of which 145 kilometer will be inside Bangladesh and 90 kilometer in India.
On August 11, the Power Board and the Adani Group signed another MoU on the issue.
After the MoU, the government officials held meetings several times with representatives of the Adani Group to finalise the deal. At the meeting, in which the negotiations were held, the Adani Group demanded 9.287 US cents (equivalent to Tk. 7.43) for each unit or kilowatt-hour of electricity, considering imported coal at USD 112.59 per tonne with port charges, freight, inland transportation and taxes and duties.
The price—9.287 US cents—includes 4.476 US cents in levelised capacity charges, 4.3612 US cents in energy charges and 0.45 US cents in levelised transmission charges and losses.
Earlier, the Power Division under the Ministry of Power, Energy and Mineral Resources has sent a letter to the Ministry of Power, India requesting it to waive the tax and duty for the project. If the Indian ministry approves this waiver, then the tariff rate will become lower than the proposed tariff. – Staff Reporter

Share.
Loading...

Comments are closed.