In a recent meeting, the Cabinet Committee on Government Purchase (CCGP) of Bangladesh greenlit a series of critical proposals, signaling key advancements in the nation’s food security and renewable energy sectors.

Wheat Import from Russia:

  1. The CCGP approved the import of 300,000 metric tons of wheat from the Russian Federation, amounting to Tk 1032.90 crore.
  2. The Food Ministry will execute this import under the Government-to-Government (G2G) method, ensuring transparency and efficient procurement.
  3. Each kilogram of wheat will be acquired at Tk 33.43.

Renewable Energy Ventures:

  1. Bangladesh is forging ahead with its commitment to renewable energy by approving two grid-tied solar power projects and one wind energy project.
  2. These ventures will be developed on a build-own-operate basis under the terms of “No electricity-No payment,” minimizing risks for the government.
  3. Consortiums will be responsible for setting up solar and wind power facilities in strategic locations:
    • Consortium of Green Progress Renewable B.V. and IRB Associates Ltd. will establish 100 MW (AC) solar power plants in Dinajpur and Thakurgaon districts.
    • Consortium of Ditrolic SA International Pte. and Powernetic Energy Ltd. will develop a 100 MW (AC) solar power plant in Cox’s Bazar district.
    • JT New Energy Company Ltd. will construct a 220 MW wind power plant in Chakoria, Cox’s Bazar district.
  4. The Bangladesh Power Development Board (BPDB) will purchase electricity from these projects over a span of 20 years, promoting renewable energy adoption.
  5. The total investment in these ventures will amount to Tk 19,475 crores, bolstering the nation’s energy diversity.

Infrastructure Development:

  1. In addition to these pivotal decisions, the government has also approved contracts for infrastructure projects. Notable among them is the upgradation of the Hatirjheel-Rampura Bridge-Bansree-Shekhar Jaiga-Amulia-Demra Highway to a four-lane road, contributing to enhanced connectivity and transportation efficiency.

These developments are poised to significantly impact Bangladesh’s economic landscape. The import of wheat will reinforce food security, the renewable energy projects will reduce reliance on fossil fuels, and infrastructure upgrades will bolster economic growth. As the nation continues to make strides in multiple sectors, it underscores Bangladesh’s commitment to progress and development.