The cabinet committee on purchase on Wednesday extended the tenure for importing 250MW power from India by another six months.
The price of electricity during this extended tenure will be Tk 6.06 per kWh, down from the existing price of Tk 6.14. The existing 3 years deal will expire on July 31.
The extension of 250 MW power deal with India got approval of the Cabinet body at its meeting held with Finance Minister AMA Muhith in the chair.
The Power Division’s proposal to extend the existing deal for another six months to import 250 MW power from Indian open market through Power Trading Corporation (PTC) received the committee nod.
The Cabinet body approved some tender proposals of Rural Electrification Board (REB) for procuring transformers, electric poles, conductors and other equipment.
Of these, Toshiba Trading and Distribution Company, India won a contract to supply 26,000 distribution transformers at Tk 1.83 billion while four separate companies won the contracts under 5 lots to supply conductors and ACSR (Bare and Insulated) at Tk 3.46 billion.
Local company TS Trading won a contract to supply 23,210 distribution transformers at Tk 1.70 billion while other local companies Gemcon and Sheltech won the contract to supply 115,420 SPC poles at Tk 2.24 billion under separate lots.
Local company EnergyPac’s two tender proposals to supply and construct total six 33/11 kV substations at Tk 380.2 million received the Cabinet body’s nod.