Govt to build 590MW plant in Anwara
A consortium of Bangladesh and Japan is going to set up a 590-megawatt gas-based power plant at Anwara in Chattogram.
The cabinet committee on purchase approved a Power Division's proposal for the plant at a meeting at the secretariat yesterday, with Finance Minister AHM Mustafa Kamal in the chair.
The government will purchase power at Tk 2 to Tk 5.50 a kilowatt-hour unit for 22 years depending on the type of gas used in production.
The flow of foreign direct investment to the country would increase with the participation of the Japanese company in the project, Kamal told reporters after the meeting.
Dhaka-based industrial group United Enterprises & Co Ltd and Japanese companies Kyushu Electric Power Co Inc and Sojitz Corporation will operate the plant on a build-own-operate basis.
According to the proposal, if power is produced using local gas, the government will buy electricity from the consortium at $0.0368 (Tk 2.9493) per unit. The tariff will be $0.0680 (Tk 5.4435) if re-gasified liquefied natural gas (RLNG) is used.
If the plant uses gas, the government will pay about Tk 28,371 crore for 22 years and Tk 52,362 crore for the same period in case of RLNG usage.
The committee also gave its consent to another proposal to import 14.20 lakh tonnes of petroleum products from January to June this year at an estimated cost of Tk 6,772 crore.
Some 11.90 lakh tonnes of diesel will be imported with per barrel premium of $2.95. One lakh tonnes of jet fuel with a premium of $3.95 per barrel would be brought in.
For imports of 30,000 tonnes of octane, the premium will be $5.50 a barrel. It would be $29.75 per tonne for 1 lakh tonnes of furnace oil.
The petroleum products will be imported from Indonesia, Malaysia, Singapore, China, Kuwait and the Philippines under state-to-state arrangements, Nasima Begum, additional secretary of the cabinet division, told reporters.
The committee gave a nod to another proposal of the Power Division to buy 150,575 prepaid metres and related equipment for Cumilla and Mymensingh zone at Tk 137.75 crore. China-based company Shenziang Star Instrument Ltd got the job.
It also approved a proposal to award a Tk 101.98 crore component of the Elenga-Jamalpur national highway widening project to Wahid Construction Ltd.