17th May 2020
EP Report

Power Division is facing a Tk 35,000 crore loss in generation, transmission and distribution sides caused by the coronavirus pandemic.

 

To offset the loss, Power Division plans to write a letter to the Prime Minister, the line Minister of the Power, Energy and Mineral Resources seeking directives and intervention to overcome the situation.

 

"We have prepared a draft report on probable huge financial losses here. We have estimated that these are coming from multiple directions including generation, transmission and distribution sector," said a senior official at the Power Cell.

 

Nasrul Hamid, State Minister for Power, Energy and Mineral Resources, asked the Power Cell to make an assessment of the corona effect on power sector recently.

 

According to the sources in Power Division, it would face a loss of Tk 5,598 crore in power generation side, Tk 17,666 crore in distribution and TK 3,322 crore in transmission side. At the same time, it would have to incur a TK 8,821 crore as tariff loss.


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