6th August 2022
EP Report

Despite an improvement in payment the government still owes $1.5 billion to the private power plant operators for purchase of electricity, according to official sources. 

 

The sources confirmed this week that the state-owned Bangladesh Power Development Board (BPDB), the single buyer on behalf of the government, partially cleared the payment until February last.

 

“We have not received any payment against the electricity purchase bills of March till the current month”, said Imran Karim, president of the Bangladesh Independent Power Producers Association (Bippa).

 

Normally, the BPDB purchases electricity worth Tk 4,000 crore per month.

 

Now, the payments against the bills of four months— March, April, May and June— are pending to be cleared. In addition, some partial bills of February have also not been cleared.

 

By this calculation, the total amount of the pending bills will be over $1.5 billion, said Imran, also the director of the Confidence Group, which owns a number of private plants.


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