Rural Power Company Limited

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Rural Power Company Limited
Formation31 December 1994
HeadquartersDhaka, Bangladesh
Region served
Bangladesh
Official language
Bengali
WebsiteRural Power Company Limited

Rural Power Company Limited is an autonomous government company responsible for rural electrification and power in Bangladesh and is located in Dhaka, Bangladesh.[1][2]

History[edit]

Rural Power Company Limited was established on 31 December 1994. It was the first independent power producer in Bangladesh not under the Bangladesh Power Development Board. The decision to form it was made by Executive Committee of the National Economic Council (ECNEC) on 23 November 1994.[3] It was formed by the Rural Electrification Board and is managed by a board of directors.[4] On 23 December 2004 it started work on a power plant in Savar in partnership with Dhaka North Power Project and Swiss company Alsthom despite specific instructions and opinions from the Power Cell, Power Development Board and the Prime Minister's Office. Sigma Huda was its legal advisor.[5] Lahmeyer International Palli Power Services Limited sued the company in October 2005 in an arbitration court in Singapore over the cancellation of the Mymensingh 140-megawatt power plant.[6] Both companies had rivalries over the management of the power plant.[7] The government of Bangladesh filed a case against the LIPPS chief AZ Rezaul Haq for attempting to sabotage the power plan and attempted to arrest him.[8]

References[edit]

  1. ^ "Govt to offload shares in 9 firms next year". The Daily Star. 1 December 2007. Retrieved 29 December 2017.
  2. ^ "Smart power generation to ensure fuel efficiency". The Daily Star. 21 December 2017. Retrieved 29 December 2017.
  3. ^ "Rural Power Company Limited (RPCL)". mpemr.gov.bd. Retrieved 28 December 2017.
  4. ^ Khan, Sharier. "Honesty = Success, Dishonesty = Failure An overview of power sector unbundling in Bangladesh (1996-2006)". archive.thedailystar.net. Forum. Retrieved 28 December 2017.
  5. ^ Khan, Sharier. "RPCL's high-cost project to overcharge consumers". archive.thedailystar.net. The Daily Star. Retrieved 29 December 2017.
  6. ^ "Lahmeyer sues RPCL for compensation". archive.thedailystar.net. The Daily Star. Retrieved 29 December 2017.
  7. ^ "140 MW Mymensing power plant shut down". bdnews24.com. Retrieved 29 December 2017.
  8. ^ Khan, Sharier. "Power Plant Sabotage Cops raid office to nab Lahmeyer chief". archive.thedailystar.net. The Daily Star. Retrieved 29 December 2017.