Confce on power sector investment today
Saturday, 3 July 2010
The Power Ministry organises a daylong conference to attract investment in the country's power sector at the city's Sonargaon Hotel today (Saturday), reports UNB.
Finance Minister AMA Muhith will inaugurate the conference, titled 'Investment in power sector of Bangladesh: Opportunities and Challenges', which is likely to be attended by a host of international investors.
Power Division officials said they are organising the conference as a follow-up of the government's road-shows abroad that took
place in London, New York and Singapore last year.
In the wake of nagging power and gas crisis, the government earlier announced a mega plan to generate an additional 9,426 megawatt (MW) of electricity by 2015 through setting up of power plants, both in private and public sector.
This plan includes seven base-load combined cycle power plants having generation capacity of 1,650 MW, eight peaking power plants having 700 MW generation capacity, 2,600 MW imported coal-based steam plants, and renewable energy-based 109 MW power plants.
A huge number of the plants will be set up on build, own and operate (BOO) basis by next five years under public private partnership (PPP).
"We would project the government's future programmes in power sector before the private sector entrepreneurs at the function," said Prime Minister's Energy Adviser Dr Tawfiq-e-Elahi Chowdhury.
He said the programme, which is the first of its kind, would reflect the government's commitment to move forward with the ongoing activities in the power sector.
Officials said major global players in power, energy and financial sectors have been invited to attend the conference.
Finance Minister AMA Muhith will inaugurate the conference, titled 'Investment in power sector of Bangladesh: Opportunities and Challenges', which is likely to be attended by a host of international investors.
Power Division officials said they are organising the conference as a follow-up of the government's road-shows abroad that took
place in London, New York and Singapore last year.
In the wake of nagging power and gas crisis, the government earlier announced a mega plan to generate an additional 9,426 megawatt (MW) of electricity by 2015 through setting up of power plants, both in private and public sector.
This plan includes seven base-load combined cycle power plants having generation capacity of 1,650 MW, eight peaking power plants having 700 MW generation capacity, 2,600 MW imported coal-based steam plants, and renewable energy-based 109 MW power plants.
A huge number of the plants will be set up on build, own and operate (BOO) basis by next five years under public private partnership (PPP).
"We would project the government's future programmes in power sector before the private sector entrepreneurs at the function," said Prime Minister's Energy Adviser Dr Tawfiq-e-Elahi Chowdhury.
He said the programme, which is the first of its kind, would reflect the government's commitment to move forward with the ongoing activities in the power sector.
Officials said major global players in power, energy and financial sectors have been invited to attend the conference.