Radical Change in Power System Network in Dhaka: Chinese Official

A top Chinese official claims that after the "Expansion and Strengthening of Power System Network" project, which will serve as the primary cornerstone of the digital Dhaka city, is fully implemented, the power system of Dhaka city and its neighbor Narayanganj would undergo a significant transformation.

"Over 70 percent work of the project has so far been completed," Director, International Market Management of TBEA's Ma told.

By the end of 2024, he claimed, the entire project will be finished and handed over to the Dhaka Power Distribution Company Limited (DPDC).

Director Ma stated that TBEA is carrying out a number of subprojects as part of a US$1.65 billion initiative.

Since the two governments of Bangladesh and China established diplomatic ties, the project is the greatest power cooperation initiative between the two governments.

According to the Chinese side, after the project is completed, the power grid system will be able to better serve Bangladeshi citizens and government agencies while also advancing the country's social and economic growth.

TBEA, an international service provider of system solutions for global energy industry, dedicated to green and low-carbon development, with more than 24,000 employees from 24 countries, sees this project under the "Belt and Road Initiative" cooperation and development between China and Bangladesh.

Under the project, a total of 44 substations are being set up, Director Ma said.

Overhead cables of Hatirjheel Lake and Dhanmondi residential area will be laid underground.

Bangladesh termed the project as a historic one for Dhaka as funding for this project was signed during Prime Minister Sheikh Hasina’s visit to China which was witnessed by Chinese President Xi Jinping.

The government of Bangladesh thinks the project will play a vital role to modernise and digitise the power distribution network of Dhaka city as some substation will be constructed underground saving the land.

While briefing a visiting Bangladesh media delegation at TBEA Co, Ltd, its Director Ma said in 2022 the company had assets worth 198 billion yan and made profits worth 28.6 billion yan which is 122 percent higher compared to previous year.

The media delegation members are Daily Jugantor Chief Reporter Masud Karim, The Business Standard Deputy Editor Titu Das Gupta, The Financial Express Special Correspondent Mir Mostafizur Rahaman, The Daily Star Diplomatic Correspondent Porimol Palma, UNB Special Correspondent AKM Moinuddin, Independent TV Special Correspondent Nafiza Dawla, ATN News Chief Reporter Ashiqur Rahman Apu, Daily Samokal Diplomatic Correspondent Tasnim Mohsin Mishu, Jamuna TV Senior Reporter Ahmed Reza and Somoy TV Diplomatic Correspondent Tajwar Mahmid.

Source: UNB