The cost of will increase by Tk 537 crore for 'Construction of New 132/33 KV and 33/11 KV Substations project' of Dhaka Power Distribution Company (DPDC) mainly due to its slow implementation to cause both cost and time over-run.
According to project document, the original cost of the project was Tk 1,850.06 crore. Through the first revision of the project, the cost increased to Tk 2,387.06 crore.
Now, through the second revision, proposal has been made to increase the project cost to Tk 2,479.93 crore. Besides, its scheduled implementation date from July 2013 to June 2018 will be extended now July 2021.
The revised cost proposal has been sent to the Planning Commission. In the meantime, preparations have been finalized to present it at the next meeting of the Executive Committee of the National Economic Council (ECNEC).
Once the project is implemented, the growing power demand of DPDC area, especially Dhaka Metropolitan City will be met through construction of transmission and sub-transmission lines by connecting various substations. The system capacity is expected to be increase.
