The Cabinet approved the draft of the Speedy Supply of Power and Energy (Special Provision) (Amendment) Act 2010 in a meeting presided over by Prime Minister Sheikh Hasina on Monday. The extension will ensure power supply without disruptions as Bangladesh aims to become a higher-middle income country by 2030 and a developed nation by 2040, Cabinet Secretary Khandker Anwarul Islam said. The law, passed in 2010, was extended for the last time by three years to 2021. After the Awami League returned to power in 2009, the government began signing deals for renting power plants for up to 16 years. The power, energy and mineral resources ministry in a report to the parliamentary standing committee in March said the plants would be shut down by 2024.

Source: bd News24 September 06, 2021 13:52 UTC