The committee, with Finance Minister AMA Muhith in the Chair, also approved some other proposals including cancellation of appointment of Canadian firm Visual Defence Incorporation (VDI) for security-charge of Shah Jalal International Airport on allegation of forgery, de-liquidation of five jute mills and appointment of consultant for feasibility study to set up a third sea port at southern region of the country under public private partnership (PPP).
In the fuel import proposal, the Power Division mentioned that the private power plant operators should be allowed to import fuel because of the inability of the Bangladesh Petroleum Corporation (BPC) to supply required petroleum fuel for them.
At present, BPC is the only eligible authority to import and supply petroleum fuel across the country.
The Power Division said about 500 tonnes of furnace oil is required in 24 hours for generating 100 MW electricity in rental power plants. But it's not possible for BPC to supply such huge quantity of fuel.
The proposal outlined 9.0 per cent service charge to be paid to the private power companies for their import of petroleum oils under their own arrangement. This charge will be reviewed after one year.
Under the existing contract, the government is responsible for supply of fuel to the private power plants.
Experts in business circle, however, believe this new arrangement may create scope for brisk business for some power plant companies.
Source: thefinancialexpress-bd.com
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