The setting up of two renewable-energy-based power plants got cabinet approval on Wednesday.
Finance Minister AHM Mustafa Kamal chaired the virtual meeting of the Cabinet Committee on Government Purchase, which granted tariff approval for the two plants.
Cabinet Division Additional Secretary Sayeed Mahbub Khan briefed reporters after the meeting. He said that under one approval, the Bangladesh Power Development Board (BPDB) will establish a 100-megawatt solar-based power plant in Sonagazi upazila of Feni.
The plant's electricity tariff has been set at Tk 11.00 per kilowatt-hour. The government will spend Tk 35.664 billion to purchase electricity from the plant over a 20-year period, he said.
Under another approval, Mr Khan said, the BPDB will set up an 11-MW waste-to-energy power plant in the Brahmanbaria municipality area.
The government will purchase electricity from the plant at Tk 21.105/kWh. A total of Tk 40.68 billion has been approved for the purchase of electricity from the plant over 25 years.
The meeting also approved the Bangladesh Chemical Industries Corporation's (BCIC) proposal to purchase 30,000 tonnes of bagged granular urea fertiliser from Muntajat, Qatar, at a cost of Tk 1.278 billion. Under another approval, the BCIC will acquire 30,000 tonnes of bagged granular urea fertiliser from Karnaphuli Fertiliser Company Limited (KAFCO) at a cost of Tk 1.21 billion.
The BCIC was also granted permission to procure 30,000 tonnes of bulk granular urea fertiliser from SABIC Agri Nutrients Company, Saudi Arabia, at a cost of Tk 1.234 billion.
Besides, the cabinet body approved a proposal for the Trading Corporation of Bangladesh (TCB) to purchase 11 million litres of soybean oil from Green Nation Builders & Developers, India, at a cost of Tk 1.431 billion, with each litre of oil costing Tk 154.67.
Prior to the meeting of the purchase body, the finance minister also chaired a meeting of the Cabinet Committee on Economic Affairs, which granted the Bangladesh Agriculture Development Corporation (BADC) approval to maintain an import agreement for non-urea fertiliser from six countries: the Kingdom of Saudi Arabia, Morocco, Tunisia, Canada, Russia and Belarus.
The meeting also approved the BADC to import non-urea fertilisers, including TSP, DAP and MoP, from three additional countries: China, Malaysia and Jordan, by signing agreements.
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