Bangladesh will set up seven rental power plants in 2009 with a total electricity generation capacity of 260 megawatts to mitigate the electricity crisis across the country.
The council committee on the government purchase Sunday approved the setting up of the seven rental power plants by private entrepreneurs, local newspaper The Financial Express reported Monday.
"These power plants must start producing electricity within 120 days of signing of the agreements," Finance and Planning Adviser AB Mirza Azizul Islam told reporters after the meeting.
The finance adviser, who chaired the meeting, hoped that electricity generation from these plants would be added to the national grid before the next summer.
"Power purchase agreements with the concerned entrepreneurs would be signed by Jan. 15 next," Power Division Secretary M Fouzul Kabir Khan said.
Of the seven rental power plants, five are gas fired and two are liquid fuel-based.
The five gas-fired power plants would generate a total of 200 MW of electricity, while the fuel oil run power plants would generate 60-MW electricity.
The state-owned Power Development Board (PDB) will purchase electricity from the plants at various rates for the national grid.
At present, only one-third of the households in Bangladesh have access to electricity and inadequate electricity supply has been a major constraint to Bangladesh's economic growth and poverty reduction, according to the Asian Development Bank.
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