Subsidy to be provided for another 5-7 years in power sector: Nasrul

The present government will give appropriation in the power division for another five to seven years to empower the help clients to have the capacity to pay the settled power bills amid this period. 

State Minister for Power and Mineral Resources Nasrul Hamid unveiled yesterday while tending to as the central visitor a capacity on "Bangladesh Power Conclave 2018" at a neighborhood inn. 

PwC, Bangladesh sorted out the capacity denoting the "Arrival of Thought Leadership Paper-Transforming the Bangladesh Power Sector" in relationship with Bangladesh Independent Power Producer Association (BIPPA). 

Nasrul Hamid said power is being given to the help clients at a negligible cost, including, "It is important to deliver control at a financially savvy cost went for turning out from the appropriation. "For this we are going into utilizing of coal, atomic and LNG for power," he said. 

"On the off chance that power age costs go down, at that point we will turn out from the appropriation. We are presently concentrating on appropriation line as 20 percent power request is expanding in the city, while contrast amongst town and town are decreasing," he included. 

The state serve said the transmission and dispersion frameworks are turning into a major test alongside control age, including, "Cost of land is high, even required land isn't accessible for the sub-station." 

He said an expansive number of privately owned businesses have been working in the power division and they are producing power. "The legislature is thinking to set up a rule for private transmission framework to introduce private transmission line on test premise, Nasrul said. 

With respect to appropriation framework, he included that the Palli Bidyut Samity of BREB (Bangladesh Rural Electrification Board) is giving force association like privately owned businesses. 

The members examined different difficulties of assessment strategy, venture, essential vitality and other important issues including control, financing and innovation of the power part. 

Among others, Power Division Secretary Dr Ahmed Kaykaus, Chairman of BPDB Khaled Mahmood, BIPPA President Latif Khan, Sabbir Ahmed of National Board of Revenue, IFC Senior Economist Mashroor Riaz, PwC Managing Partner Mamun ur Rashid, Standard Chartered Bank Chief Executive Officer (CEO) Nasser Ejaz, Director General of Power Cell Engineer Mohammad Hossain and Energy Expert M Tamim talked in the board discourse.