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Tuesday, May 17, 2022
HomeBusiness27 firms get power generation licences in fiscal year 2020-21

27 firms get power generation licences in fiscal year 2020-21

As many as 27 companies had been awarded power generation licences having accumulative capacity of 1,591MW during the fiscal year 2020-21.

Official sources told APP on Saturday that four generation licences were granted to hydropower plants for accumulated capacity of around 294MW, 18 licences to solar power plants for 49MW, two licences to bagasse/biomass power plants for 47MW, one licence each to nuclear power plant with capacity of 1,145MW, 55MW coal-based power plant and 350kW hybrid (solar+biogas) power plant during the said period.

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They said the induction of new power plants through different technologies was a big challenge in consideration of energy security vis-à-vis cost effectiveness.

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