Thursday 22 November 2018 ,
Thursday 22 November 2018 ,
Latest News
  • 4 ‘drug peddlers’ killed in separate ‘gunfights’
  • RAB conducts drive at Jehnaidah ‘militant den’; Youth held
  • Don’t talk to media on voting day
  • 50 killed by suicide bomber in Afghan capital
  • Tarique joins interview board through video conference
31 July, 2018 11:40:21 AM
Print

ADB approves $357m to develop power transmission lines

Independent Online Desk
ADB approves $357m to develop power transmission lines

The Asian Development Bank’s (ADB) Board of Directors has approved an assistance package totaling more than $357 million for a project to develop two power lines in support of Bangladesh’s national

target of electricity for all by 2021.

The investments comprise a $350 million ADB loan, a $7 million grant from the Japan Fund for the Joint Crediting Mechanism (JFJCM) to partially finance new high-technology energy efficient conductors, and a $500,000 grant from
the Republic of Korea e-Asia and Knowledge Partnership Fund (EAKPF) to promote socially inclusive growth with gender equality, said an ADB press release today.

“Bangladesh has been experiencing impressive economic growth over the last decade, but to maintain and even accelerate this, more investments are needed for the power transmission network to meet growing electricity demand,” said ADB Senior Energy Specialist Aiming Zhou.

“In support of this, the ADB project will make the power transmission system more efficient, reliable, and environmentally friendly.” added the ADB specialist.

The release said a top priority of the government is to address infrastructure deficiencies, including modern and affordable energy services, which face recurring shortages and ever-rising demand.

About 35 million people in the country are without access to electricity. Inadequate transmission lines and substation transformer capacities in the southern and western regions are the main contributors to transmission
bottlenecks.

At the same time, construction of new transmission lines has become more challenging because of the high population density and limited rights-of-way.

The Southwest Transmission Grid Expansion Project builds on ADB’s previous work in the Bangladesh power sector, including the recently approved Rupsha 800 megawatt Combines Cycle Power Plant in the southwest region, to address
continuing deficiencies in the transmission system through providing more efficient power transfer to the load centers of the southern and western zones.

The project will develop a 126- kilometer (km) 230 kilovolt (kV) transmission line from Barisal to Faridpur; and a 104 -km 400 kV transmission line from Bogra to Rohanpur, along with substations, transformers, and
associated extensions and connections.

The new transmission lines will introduce to Bangladesh a new type of high temperature conductor to allow more power transfer at lower energy losses.

These have less resistance to power flow, higher power transferring capacity, and operate more reliably in tropical weather. In addition, the use of these conductors also helps to minimize right-of-way requirements.

The project is also contributing to climate change mitigation, since the new conductors reduce carbon dioxide emissions compared to conventional transmission conductors that are used in Bangladesh.

This climate change mitigation accounts for $93 million of the investment, comprising $86 million from the ADB loan and $7 million from the JFJCM grant.

Under the EAKPF grant, the project will fund a scholarship program that will support women’s access to higher education and boost their job opportunities in the electricity industry.

The government will contribute $174.5 million toward the $532 million total cost of the project, which is due for completion at the end of June 2023.

HM

Comments

Poll
Today's Question »
Do you support the BNP demand for action against EC secy, DMP chief and two other govt officials over the recent Nayapaltan clash between BNP men and cops?
 Yes
 No
 No Comment
Yes 89.9%
No 5.9%
No Comment 4.3%
Video
More Business Stories
SMP guideline finalised The Bangladesh Telecommunication Regulatory Commission (BTRC) has finalised a policy guideline for telecom operators to create a level playing field and promote competition in telecommunications indutry. Last Wednesday, the BTRC issued…

Copyright © All right reserved.

Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Disclaimer & Privacy Policy
....................................................
About Us
....................................................
Contact Us
....................................................
Advertisement
....................................................
Subscription

Powered by : Frog Hosting