Dhaka, Feb. 5 -- State Minister for Power, Energy and Mineral Resources Nasrul Hamid has said that electricity from India Adani Group's Jharkhand power plant will be added to the national grid in March as per the agreement.
"There is no uncertainty over supply of electricity from Adani Power to the national grid," he told reporters at his office on Sunday.
The junior minister's remarks came against the backdrop of the UNB report that state-owned Bangladesh Power Development Board (BPDB) sought a revision into the power purchase agreement (PPA) signed with Adani Group.
As per the report, Adani Power recently sent a request for BPDB to issue the demand note, where the coal price is quoted at $400 per metric ton - far above what BPDB officials believe it should be given the present state of the international market.
Nasrul Hamid said the tariff of Adani's power will be competitive compared with other coal-fired plants like Payra power plant.
"The tariff of Adani power will not be more than the tariff of power from the Payra plant," he said.
He also said about 750 MW will be added to the national grid in March and another 750 MW from April this year.
Nasrul Hamid also dismissed any possibility of power shortage in the coming irrigation season that will start from February this year and continue until end of May.
He claimed that a number of power plants including Rampal and Barishal will come into operation before the irrigation season starts.
"We're trying to increase power generation through enhancing gas supply. Now gas price is relatively stable in the international market," he said, adding that gas supply will be further increased to the power plants so that power supply situation further improves in March.
He said the newly set up coal-fired power plants will be coming into operation one after another this year. Published by HT Digital Content Services with permission from United News of Bangladesh. For any query with respect to this article or any other content requirement, please contact Editor at contentservices@htlive.com
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