The government has decided to extend the tenure of the power import deal (250MW) with PTC India Ltd for another three months.
Power import from the Indian company continued without any official extension of the deal that expired in July this year. Both India and Bangladesh recently agreed to officially extend the tenure of the deal for another three months to allow the finalization of a long-term power import deal with the Indian company.
A 14-member high powered committee will sit on next Tuesday in this regard.
“We are expecting to import electricity at a tariff of Tk 4.69 per unit under the short-term deal. But the tariff would be Tk 6.17 per unit under a long-term deal with the Indian firm,” an official concerned said.
The government is planning to import 500MW of electricity from India under short and long-term deals at a cost of Tk 41,579 crore from June 1, 2018 to May 31, 2033.
