July 4, 2020 Read More →

Bangladesh government refusing to shut down rental power plants

New Age Bangladesh:

The government has remained indifferent to the call for immediately shutting down the rental power plants to lessen the expenditure from growing capacity charges, which was Tk 90 billion in 2019.

The call only grew stronger lately because of the economic fallouts due to the COVID-19 outbreak with experts and international think tanks predicting a fall in the existing power demand.

In May, the US-based Institute for Energy Economics and Financial Analysis reported that Bangladesh could use only 43 per cent of its power capacity, which was 19,630 MW in 2019.

On June 24, Centre for Policy Dialogue urged the government to have a plan to gradually phase out rental power plants which could instantly reduce the power overcapacity by 1,958 MW.

‘We do not have any plans of retiring rental power plants before their contract expire,’ Nasrul Hamid, the state minister of power, energy and mineral resources, told New Age.

[Emran Hossain]

More: Govt unmoved by call for retiring rental power plants

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