Frequent power disruptions taking toll on businesses
Monday, 19 November 2007
FE Report
Frequent power disruptions coupled with low voltage is now taking toll on the businesses as the normal operations of the commercial banks, stock markets and trading houses have been affected.
The city dwellers have also been feeling the pinch of load shedding since Thursday when powerful cyclone struck the country's coastal districts and battered power supply lines.
On Sunday, the businesses witnessed frequent power outages affecting their business activities badly.
Activities in the country's central bank and commercial banks were hampered significantly Sunday due to the power disruptions as they do not have adequate back-up support to tackle the situation.
Share transactions in a number of brokerage houses of the Dhaka Stock Exchange (DSE) were also disrupted several times during Sunday's trading hours due to electricity failures.
Electrical appliances in many business establishments and residences are reported to have been damaged due to the frequent electricity outages.
The government, however, claimed Sunday that the power supply situation improved significantly Sunday.
Electricity generation across the country reached 2400 megawatts (MW) on Sunday evening, which might reach 3,400 MW at night, a senior Power Division official said.
He said the cyclone-hit southern region is still without electricity.
The electricity distribution network in the affected southern region has been badly damaged.
A number of power plants, including Ashuganj 150MW power plant, Haripur 360MW power plant and Meghnaghhat 450MW Power Plant resumed production and started supplying electricity to the national grid Sunday, a senior official of the Power Grid Company of Bangladesh (PGCB) told the FE.
Frequent power disruptions coupled with low voltage is now taking toll on the businesses as the normal operations of the commercial banks, stock markets and trading houses have been affected.
The city dwellers have also been feeling the pinch of load shedding since Thursday when powerful cyclone struck the country's coastal districts and battered power supply lines.
On Sunday, the businesses witnessed frequent power outages affecting their business activities badly.
Activities in the country's central bank and commercial banks were hampered significantly Sunday due to the power disruptions as they do not have adequate back-up support to tackle the situation.
Share transactions in a number of brokerage houses of the Dhaka Stock Exchange (DSE) were also disrupted several times during Sunday's trading hours due to electricity failures.
Electrical appliances in many business establishments and residences are reported to have been damaged due to the frequent electricity outages.
The government, however, claimed Sunday that the power supply situation improved significantly Sunday.
Electricity generation across the country reached 2400 megawatts (MW) on Sunday evening, which might reach 3,400 MW at night, a senior Power Division official said.
He said the cyclone-hit southern region is still without electricity.
The electricity distribution network in the affected southern region has been badly damaged.
A number of power plants, including Ashuganj 150MW power plant, Haripur 360MW power plant and Meghnaghhat 450MW Power Plant resumed production and started supplying electricity to the national grid Sunday, a senior official of the Power Grid Company of Bangladesh (PGCB) told the FE.