Paramount to build 200MW plant

Paramount BTrac Energy Consortium is going to set up a 200-megawatt power plant in Sirajganj.

The cabinet committee on purchase approved the associated Power Division proposal yesterday. The proposal says the government would purchase electricity at Tk 19.96 per kW/h from the diesel-based power plant.

The tenure of the plant will be five years. The sponsor company will purchase the land and construct the transmission line and sub-station at its own cost. If the power plant is built on Power Development Board’s (PDB) land, the company has to pay PDB Tk 1.92 lakh for every acre per year.
If industrial operations do no longer begin via the schedule, it would grant compensation at $200 per megawatt for every day.

In every other development, the tenure of a 34.5MW condo power plant in Bhola set up with the aid of Venture Energy Resource Ltd has been extended through three greater years. The cupboard committee has accepted the extension of the tenure and new tariff. An agreement used to be signed with the agency in 2008. Its tenure has been extended a number of times.

During the amended tenure, the PDB will buy electrical energy at Tk 3.21 per kW/h. The charge was once the identical earlier.

Another cabinet committee on financial affairs has authorized a idea for opening Tangail Cotton Mills of Bangladesh Textile Mills Corporation beneath a public-private partnership initiative.
If industrial operations do no longer begin via the schedule, it would grant compensation at $200 per megawatt for every day.

In every other development, the tenure of a 34.5MW condo power plant in Bhola set up with the aid of Venture Energy Resource Ltd has been extended through three greater years. The cupboard committee has accepted the extension of the tenure and new tariff. An agreement used to be signed with the agency in 2008. Its tenure has been extended a number of times.

During the amended tenure, the PDB will buy electrical energy at Tk 3.21 per kW/h. The charge was once the identical earlier.

Another cabinet committee on financial affairs has authorized a idea for opening Tangail Cotton Mills of Bangladesh Textile Mills Corporation beneath a public-private partnership initiative.