450-MW Ashuganj Power Plant gets ECNEC nod

http://www.bssnews.net/newsDetails.php?cat=0&id=209660&date=2011-11-01

450-MW Ashuganj Power Plant gets ECNEC nod

DHAKA, Nov 1 (BSS) – The Executive Committee of the National Economic Council (ECNEC) today approved six development projects worth Taka 3,907 crore including the 450 megawatts (MW) Ashuganj Power Plant project.

The approval was given at a meeting at the NEC conference room in city’s Sher-e-Bangla Nagar with Prime Minister Sheikh Hasina in the chair.

Among the six projects, the Ashuganj 450-MW combined cycle power plant involving Taka 3,400 crore will meet the growing power demand in the northeast region of the country.

“Out of the total project cost of Taka 3,907 crore, the government will provide Taka 907 crore while Taka 3,000 crore will come from project assistance,” said Planning Division Secretary Bhuiyan Shafiqul Islam.

For the power plant project, he said, Taka 3,000 crore will come from project assistance when the government will provide the rest Taka 400 crore.

Of the project assistance for the power plant, the Asian Development Bank (ADB) will provide US$ 228 million and Islamic Development Bank (IDB) US$ 200 million, the secretary said.

ECNEC approved another major project of Taka 163 crore for duck rearing.

Under the project, regional duck reproductive farms and hatcheries will be constructed in 13 districts to produce over 31 lakh ducklings every year.

Official of the planning commission said that the project, to be implemented by the Livestock Department, would create more jobs in the rural areas.

The other projects approved in the meeting are: Integrated Development of Fisheries and Livestock in flood control, irrigated area and in other wetlands project- 4th phase (Taka 115 crore), institutional development and strengthening of Bangladesh Marine Fisheries Academy project (Taka 40 crore), construction of Khulna district jail (Taka 144 crore) and construction of BGB’s 85 BOPs (border outposts) in the bordering area (Taka 45 crore).

ECNEC members including Finance Minister AMA Muhith, Planning Minister AK Khandker, Agriculture Minister Matia Chowdhury, Water Resources Minister Ramesh Chandra Sen, Advisers to the Prime Minister, Members of the Planning Commission, Secretaries and officials concerned were present in the meeting.

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