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Highlights:
- Every month, BPDB purchases electrical energy price Tk3,500 crore
- BPDB is meant to pay the invoice inside 30 days of invoice submission
- Personal producers are but to obtain December’s invoice
- BPDB faces fee backlog as energy era value elevated following oil-based manufacturing because of gasoline scarcity
- It needs electrical energy worth hike or budgetary assist to beat fund disaster
Risky gas costs have began to hit Bangladesh’s energy era sector because the Bangladesh Energy Growth Board (BPDB) is going through fund crunch in paying electrical energy payments to non-public producers.
Sitting over a fee backlog of 4 months following a rise within the buy value from oil-based non-public energy vegetation, the state-owned single purchaser of electrical energy now needs both one other hike in bulk electrical energy tariff or common budgetary assist to smoothen the facility buy and provide course of.
Talking concerning the fund crunch, SK Aktar Hossain, member (finance) on the BPDB, stated the facility buy value from petroleum-based vegetation has elevated following the current hikes in costs of gas oil. Apart from, the finances assist from the Finance Division additionally bought delayed, he added.
“Nonetheless, we now have began to clear the dues,” he stated.
Typically, 22.52% of the nation’s complete electrical energy consumption comes from furnace oil and diesel-based vegetation, and greater than 60% comes from gas-based vegetation.
For buying electrical energy from non-public producers, the BPDB spends round Tk3,500 crore each month.
However, the share of the oil-based electrical energy has elevated to satisfy the rising energy demand attributable to hotter climate.
Reliance on oil-based electrical energy additionally has elevated within the wake of gasoline provide scarcity within the pipeline, and oil-based era all the time impacts the facility buy value.
There are 53 non-public energy producers within the nation that offer nearly 50% of every day demand together with imported electrical energy from India. Summit Group, United Group, Orion Group and Confidence are among the many prime non-public producers.
BPDB’s knowledge present that the era value of 1 unit of gas-based electrical energy ranges between Tk1.20 and Tk3.50, the price of producing one unit of furnace and diesel oil-based energy is between Tk12 to Tk16.
In the meantime, a hike in diesel worth in November final – from Tk65 to Tk80 per litre, additional elevated the price of oil-based energy era.
As per the facility buy settlement, the BPDB is meant to pay electrical energy payments to the non-public energy station house owners inside 30 days of the invoice issuing date.
Resulting from 4 months’ fee dues, the facility producers are also going through troubles in bearing the operational prices and repaying financial institution loans taken towards the facility vegetation, stated some energy plant house owners, urging the BPDB to clear the dues instantly.
Imran Karim, president of Bangladesh Unbiased Energy Producers’ Affiliation (BIPPA), stated usually, the BPDB makes the fee inside a most of 45 days following the invoice issuing date.
“This time, it’s a bit delayed. Nonetheless, the BPDB is disbursing the fee progressively. Now we’re receiving the December invoice,” he stated.
Presently, the nation is consuming round 14,716 megawatts of electrical energy towards a capability to supply 22,348 megawatts.
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