Siddhirganj power project approved
Wednesday, 9 September 2009
FE Report
The Executive Committee of National Economic Council (ECNEC) approved Tuesday a power generation project involving Tk 20.77 billion (2,077 crore) to be implemented at Siddhirganj in a bid to add 300 megawatt (mw) electricity to the national grid from early 2012.
Emerging from the meeting, Planning Minister AK Khandaker told journalists that the ECNEC approved the gas turbine peaking power plant project to be implemented at Siddhirganj.
The state-owned Electricity Generation Company of Bangladesh (EGCB) will start construction of the plant early next year, Power Division officials said.
World Bank will lend Tk 15.02 billion for setting up of the plant having two gas-fired units with 150 mw capacity each. The rest of the project cost will be borne by the government.
Last year the Washington-based lending agency confirmed a loan worth $350 million for an integrated energy development scheme, under which the Siddhirganj peaking power plant, a gas pipeline and a power transmission line will be installed.
The ECNEC meeting, presided over Prime Minister Sheikh Hasina, also approved some seven other projects.
The projects are: Construction of small rural culverts and bridges at a cost of Tk 2.90 billion, development of district public libraries at Tk 1.23 billion, Chittagong Central Jail development at Tk 600 million, rehabilitation of Madhumati River in Gopalganj at Tk 550 million, Mokamtala highway development at Tk 390 million, construction of 30 border outposts and 24km road at Tk 300 million and development of Gouranadi-Agailjhara-Gopalganj road at Tk 1.64 billion.
The Executive Committee of National Economic Council (ECNEC) approved Tuesday a power generation project involving Tk 20.77 billion (2,077 crore) to be implemented at Siddhirganj in a bid to add 300 megawatt (mw) electricity to the national grid from early 2012.
Emerging from the meeting, Planning Minister AK Khandaker told journalists that the ECNEC approved the gas turbine peaking power plant project to be implemented at Siddhirganj.
The state-owned Electricity Generation Company of Bangladesh (EGCB) will start construction of the plant early next year, Power Division officials said.
World Bank will lend Tk 15.02 billion for setting up of the plant having two gas-fired units with 150 mw capacity each. The rest of the project cost will be borne by the government.
Last year the Washington-based lending agency confirmed a loan worth $350 million for an integrated energy development scheme, under which the Siddhirganj peaking power plant, a gas pipeline and a power transmission line will be installed.
The ECNEC meeting, presided over Prime Minister Sheikh Hasina, also approved some seven other projects.
The projects are: Construction of small rural culverts and bridges at a cost of Tk 2.90 billion, development of district public libraries at Tk 1.23 billion, Chittagong Central Jail development at Tk 600 million, rehabilitation of Madhumati River in Gopalganj at Tk 550 million, Mokamtala highway development at Tk 390 million, construction of 30 border outposts and 24km road at Tk 300 million and development of Gouranadi-Agailjhara-Gopalganj road at Tk 1.64 billion.