The Executive Committee of the National Economic Council (ECNEC) has approved a Taka 1,454.05 crore project to ensure standard and uninterrupted power supply for the clients of Dhaka Power Distribution Company Limited (DPDC) alongside creating infrastructures for giving additional 1.15 lakh power connections.
The approval came from a meeting of the ECNEC with its chairperson and Prime Minister Sheikh Hasina in the chair on Tuesday, reports BSS.
The premier chaired the meeting from her official Ganobhaban residence through video conferencing while the concerned ministers, state ministers and secretaries joined the meeting from the NEC Conference Room in the city’s Sher-e-Bangla Nagar area.
Briefing the reporters after the meeting, Planning Minister MA Mannan said that a total of five projects were approved today involving an overall estimated cost of Taka 2,570.15 crore. “Of the total project cost, Taka 1,485.13 crore will come from the government of Bangladesh, Taka 82.60 crore from the concerned organization’s own fund while the rest Taka 1,002.42 crore as project assistance and grant,” he added.
Of the approved five projects, three are new while two are revised projects.
The planning minister said DPDC under the Power Division will implement the project to establish substations and their rehabilitation, to install capacitor bank at power system and to introduce smart grid system under the DPDC areas by June 2023.
He said the government has almost ensured cent percent electricity in the country while target is there to ensure cent percent electricity by this year.
“Now our aim is to ensure improvement and strengthening of the power system. We want to provide uninterrupted power supply,” he said.
The planning minister said that the government is working hard to develop inclusive power system for all through enhancing capacity.
The main project operations include establishment of two new 132/33KV substations and four 33/11 KV substations, renovation and augmentation of three existing substations, replacing five 33 KV AIS substations with 33 KV GIS substations, introducing smart grid system on pilot basis at DPDC areas and construction of 15 substation buildings.
Planning Commission member Pradip Ranjan Chakrabarty said that the project also aims to create necessary infrastructures for providing electricity connections to some 1.15 lakh clients at the DPDC areas under Dhaka and Narayanganj side by side the existing power system would be upgraded.
He informed that capacitor bank will be installed for which the BPDB would not have to incur any loss. Besides, the power factor will be raised under the project.
Answering to a question on the project, Mannan said that the government would not spend any money illogically. “Rather we’ll spend more money logically, because if we reduce spending money, then the economy will collapse. But, we’ll have to ensure that the spending is utilized properly and there is no misuse,” he added.
He said the government has to ensure that the project implementation gets its desired pace side by side there is no misuse of fund.
The planning minister said consultancy services, vehicles, foreign trips and trainings are needed for project implementation as those could not be denied.
But, he said the executing agencies would have to ensure that the foreign trips and trainings do not become pleasure trips.
Mannan said giving approval to a project not means that it is like giving a blank cheque, rather the Planning Ministry always have constant communication with the executing agencies, ministries, line ministers and secretaries. “We won’t make interference, rather we’ll have constant communication with the concerned stakeholders (for swift project implementation).”