9/18/2022
RawNews1st – Big demonstration in Dhaka in Bangladesh. Protests against rising prices and power cuts have been taking place for several weeks across the country.
The Prime Ministers of India and Bangladesh will shortly inaugurate the Rampal coal-fired power plant in the midst of ongoing power cuts in the latter nation.
However, the new plant – a joint venture between state-owned companies NTPC of India and the Bangladesh Power Development Board (BPDB) – will not be a viable solution to Bangladesh’s power predicament.
Note: BPDB’s IPP costs rose 58% in FY2020-21. For the first time, the cost of power purchases from IPPs represented more than 50% of the BPDB’s total operating expenses.
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