Govt to spend Tk 13.52b in excess for two power plants
Wednesday, 21 April 2010
FE Report
The government has to spend Tk13.52 billion in excess for setting up 300-megawatt capacity two power plants due to delay in implementation of the project taken up nearly a decade ago, officials said Tuesday.
Planning commission said the government will entail an extra cost of Tk8.15billion Chandpur 150mw power plant and Tk 5.37 billion for Sylhet 150mw power plant.
The government's highest project approval body endorsed the Chandpur 150mw project at Tk 3.86 billion and the Sylhet 150mw project at Tk3.42 billion in 2001.
State-owned power development board (PDB) is the project implementing agency.
The government's highest development project approval body--executive committee of the national economic council (ECNEC) -- Tuesday approved the additional cost project for the power project.
A top official, who attended the ECNEC meeting, told the FE that Prime Minister Sheikh Hasina blamed the previous BNP-lead government for failing to start installation of the two power plants in time.
The power generations from the plants were to start within two years from the project approval date, but the then government failed to implement it in time because of corruption in the public sector development works, the prime minister said.
Emerging from the ECNEC meeting planning division secretary Habibullah Majumder blamed the previous government for the loss of the public funds.
The government has to spend Tk13.52 billion in excess for setting up 300-megawatt capacity two power plants due to delay in implementation of the project taken up nearly a decade ago, officials said Tuesday.
Planning commission said the government will entail an extra cost of Tk8.15billion Chandpur 150mw power plant and Tk 5.37 billion for Sylhet 150mw power plant.
The government's highest project approval body endorsed the Chandpur 150mw project at Tk 3.86 billion and the Sylhet 150mw project at Tk3.42 billion in 2001.
State-owned power development board (PDB) is the project implementing agency.
The government's highest development project approval body--executive committee of the national economic council (ECNEC) -- Tuesday approved the additional cost project for the power project.
A top official, who attended the ECNEC meeting, told the FE that Prime Minister Sheikh Hasina blamed the previous BNP-lead government for failing to start installation of the two power plants in time.
The power generations from the plants were to start within two years from the project approval date, but the then government failed to implement it in time because of corruption in the public sector development works, the prime minister said.
Emerging from the ECNEC meeting planning division secretary Habibullah Majumder blamed the previous government for the loss of the public funds.