Govt paid IPPs, rental plants Tk1.04 lakh cr in 14 yrs

Tue Sep 5, 2023 07:20 PM
Last update on: Tue Sep 5, 2023 07:24 PM
Nasrul Hamid

State Minister for Power, Energy and Mineral Resources Nasrul Hamid. Star file photo

The successive Awami League governments in their three terms have repaid a total Tk1.04 lakh crore to 82 independent power producers (IPPs) and 32 rental power plants as capacity charge and rental payment.

State Minister for Power, Energy and Mineral Resources Nasrul Hamid said this in parliament today while replying to a query from Gonoforum MP Mokabbir Khan.

The AL came to power in 2009 meaning that the money was paid in last 14 years.

In a scripted answer, the junior minister said among the 82 IPP power plants, Bangladesh-China Power Company Plant was paid the highest Tk7,455 crore. And among the 32 rental power plants, Aggreko International Projects was paid the highest Tk 2,341 crore.

The state minister placed a list of the names of 82 IPP power plants and 32 rental power plants and the amount of money paid to them.

Nasrul also mentioned the significant terms of the agreements executed with the power plants, against which the capacity charge has been paid. They are:

1. Annual availability should be 90 percent. Less than this is deducted from the capacity payment.

2. Dependable Capacity Test to be performed annually.

3. Operation security has to be provided while operating the power plant.

4. Insurance covering risks for operation of power plant should be confirmed.

5. Licence has to be renewed every year through Bangladesh Energy Regulatory Commission.

6. Environmental clearance should be obtained.

7. Electricity have to be supplied according to the demand of NLDC (National Load Dispatch Centre) of the Power Grid Company of Bangladesh.

8. Timely maintenance of power plants should be done.

9. The power plants should be operated according to Prudent Electrical Practice and Prudent Electric Utility Practice.