Contracts signed for 2 more rental plants
The government yesterday initialled two more rental power contracts with two local companies for generation of around 130 megawatts of electricity.
Cambridge Power would install a barge-mounted plant with the capacity to produce 90-megawatt electricity in Barisal or Chandpur. And EQ Partners, another barge-mounted gas-run plant in Ashuganj, will generate 48 MW.
Both the deals have been forged through unsolicited negotiations. The Awami League government has signed contracts for rental power of more than 1,500 MW since it came to power.
Rental power plants get three to five years contract as opposed to 22-year contract for conventional power plants.
Rental plants are considered temporary means for addressing power crisis with its faster installation and higher costs.
For all latest news, follow The Daily Star's Google News channel. 
Related News
Boy found dead in Ctg monastery
5 July 2022, 18:00 PM
Crime & Justice
Eid joy marred by tragedy
5 July 2022, 18:00 PM
Bangladesh
Sitakunda Blast: Who started the fire?
5 July 2022, 18:00 PM
Accidents & Fires
Railway’s east zone reels from manpower crisis
5 July 2022, 18:00 PM
Transport
Barred from rally at Suhrawardy, BNP to hold protest across country tomorrow
13 November 2016, 07:30 AM
Politics
Comments