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Bangladesh eyes to produce 16,086 MW more electricity by 2021

Xinhua, June 3, 2016 Adjust font size:

Bangladeshi Finance Minister AMA Muhith Thursday said his government has set a target of generating additional 16,086 megawatts(MW) of electricity by 2021.

"We have targeted to raise electricity generation by additional 16,086 MW by 2021," Muhith said in his budget speech on Thursday.

Muhith unveiled a record 3.41 trillion-taka (about 42.58 billion U.S. dollars) proposed national budget targeting an economic growth of 7.2 percent for the next 2016-17 fiscal year starting in July.

To achieve this target, the minister said installation of 29 power plants with a capacity of 7,296 MW capacity is in progress while tendering processes of 20 power plants with a capacity of 6,681 MW are underway.

Furthermore, he said there is a plan to construct 8 power plants with a capacity of 4,435 MW, and there is also a plan to install more power plants in Moheshkhali, an island located in the Bay of Bengal just off the Bangladeshi mainland, with private investment.

Bangladesh is now reportedly generating around 80,300 MW of power daily. Endit