The Executive Committee of the National Economic Council (Ecnec) on Tuesday approved two projects for extending the power distribution network to ensure cent percent rural electrification in eight divisions with an overall estimated cost of Tk 13,909.21 crore.
The approval came at the last Ecnec meeting of the outgoing fiscal year held at the NEC Conference Room in the city with Ecnec Chairperson and Prime Minister Sheikh Hasina in the chair.
Briefing reporters after the meeting, Planning Minister AHM Mustafa Kamal said a total of 12 projects were approved at the meeting involving an estimated cost of Tk 30,343.22 crore. “Of the total project cost, Tk 25,904.43 crore will come from the state exchequer while Tk 33.80 crore from respective organisations’ own funds while rest Tk 4,404.99 crore as project assistance,” he added.
Of the approved 12 projects, eight are new while four are revised ones.
The Planning Minister said the extension of distribution network project for ensuring cent percent rural electrification at Dhaka, Mymensingh, Chittagong and Sylhet divisions will be implemented at a cost of Tk 7,132.31 crore of which Tk 7,115.40 crore will come from the state exchequer while the rest of Tk 16.90 crore from the respective organisation’s own fund.