Bangladesh-India Friendship Power Company (BIFPCL) has urgently sought Tk1,000 crore from the Bangladesh Power Development Board (BPDB) to maintain uninterrupted operations at the Maitree Super Thermal Power Plant , also known as the Rampal power plant, one of the country's largest power generation facilities.
In a letter sent to the BPDB chairman on 10 May, the company's Managing Director Ramanath Pujari said delays in fund release could cause the company to default on loan repayments.
He also warned of possible disruptions in coal imports and exposure to demurrage charges.
As banking operations will end on 24 May due to Eid-ul-Adha holidays, he requested that the funds be released by 20 May.
Attempts to contact the BPDB chairman and power secretary for comments on whether the requested funds would be released were unsuccessful.
The letter said the 1,320MW Rampal plant is currently supplying electricity to the national grid with a dependable capacity of 1,234MW.
