Dhaka, March 27 -- fired power plants, each having 10 MW capacity, of Summit Group received the nod of the Cabinet Committee on Government Purchase (CCGP) for further extension of existing agreements for next 5 years.

Finance Minister Abul Hassan Mahmood Ali presided over the CCGP meeting.

Power Division moved the proposal to the CCGP meeting.

NGOs demand allocation of funds for renewables instead of LNG power plants, terminals

The power plants, located in Ashulia, Madhabdi and Candina, were set up as independent power plants (IPP) in 2003 under 15 years power purchase agreements (PPAs) with Dhaka Palli Biduyt Samity -1, Narshingdi Palli Biduyt Samity -1 and Cumilla Palli Biduyt Samity -1 of the Bangladesh Rural Electrification Board ...