Uninterrupted power supply? Not now!

SANGSAD BHABAN : Uninterrupted electricity supply is unlikely right now, State Minister for Power, Energy and Mineral Resources Nasrul Hamid told Parliament on Monday, reports UNB.
“I’m telling the MPs you won’t get uninterrupted power supply right now. Still, we’ve to go far to ensure uninterrupted power supply,” he said participa-ting in the general discussion on the proposed national budget for 2017-18 fiscal year. He, however, said the existing power crisis in the country will go by March 2018. Nasrul said the government has a target of generating some 24,000 megawatt power by 2024 and has already reached the production capacity of 15,000 megawatt.
“Now we can provide 10,000 megawatt of power to the national grid. But, there’s still a deficit for which we see electricity crisis in many areas. We’ll overcome the crisis by March 2018,” he told the House. Noting that there is a need for huge investment to improve the power transmission line, Nasrul said the government has set a target to invest some US$ 10 billion on transmission line development. About the proposed 15 percent VAT on electricity bill, the junior minister said the bill will go up by 7 percent due to the VAT imposition. He urged the Finance Minister to withdraw the VAT from the electricity bill this time. Nasrul also called on the Finance Minister to withdraw both VAT and supplementary duty from Liquefied natural gas (LNG) completely, while VAT from Liquefied petroleum gas (LPG).


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