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Tags : rental power


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Govt should renegotiate power deals early to save economy

THE capacity charge, which the government pays independent and rental power plants when they sit idle as a guarantee of returns on investment coupled with profits, is set to reach Tk 380 billion in the 2025 financial year.  This is a 46 per cent, or Tk 120 billion, increase on the capacity charge of Tk 260 billion that the government paid the power producers in the...

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Govt should mend loopholes in energy import for rental power

RENTAL power plants, set up as an emergency measure under an indemnity law to resolve power shortage soon after the Awami League had assumed office in 2009 that ended in a permanent arrangement to drain the state exchequer by channelling public money into private pockets through capacity charge payment, have not only been a great burden to the economy...

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Govt must do away with burden of power overcapacity

THE rental and quick rental power plants that have reared the ugly head since 2009 riding an indemnity law that the now deposed Awami League enacted to plunder the power and energy sector have now run to a constraining pass, warranting an immediate government action. While the law — the Quick Enhancement of Electricity and Energy Supply Act 2010...

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Call for scrapping rental power plants gets stronger

The immediate past Awami League government extended the lifetime of costly rental power plants three times their recommended efficient operational life, paying them around Tk 33,000 crore between 2009 and 2023...