The public purchase committee yesterday extended the tenures of two more rental power projects having a capacity of 128.5MW for five years each.
The projects are 50MW DAP and 78.5MW Max Power.
In its previous tenure, the Awami League-led government extended the tenures of seven rental power projects.
Power Division officials said the army-run 50MW DAP power project would be extended after fixing its power tariff to Tk19.99 per unit from Tk20.40 and through the extension the government would save Tk72 crore.
The tariff for the 78.5MW Max Power project is expected to be set at Tk3.29 per unit from Tk5.41, which the Power Division expects will save Tk583 crore during the extended period of five years.
The division claims that it could save Tk2,635.28 crore by extending the tenures of nine rental and quick rental power projects for five years as the purchase rates were adjusted downward from the producers.
The projects are: 100MW Desh Energy owned by former FBCCI president Annisul Huq, 50MW RZ Power of Rahimafrooz, UK-based 55MW Aggreko Power, 55MW Energies Power of Water Resources Minister Anisul Islam Mahmud, 110MW Quantum of Otobi, 110MW Khulna Power of the United Group, 78.5MW Max Power, 50MW DPA of Bangladesh Army, and 55MW Precession Energy.
The Power Division favoured the costly rental and quick rental power projects, considering the delay of based load power projects, an official said.
The country’s electricity production capacity had increased to 10,341MW and it would increase to 11,000MW next month, he added.
The government targets to increase power generation capacity by 16,000MW in 2016 and 24,000MW in 2021.
