Dhaka, May 3 -- Substantial taka depreciation having eaten into their allocated funds in a couple of years, state-owned enterprises continue feeling the pinch and keep seeking recompense against cost overruns of projects.

Dhaka Water Supply and Sewerage Authority (DWASA) and Payra Port Authority are among the SoEs having appealed for bail-in to get rid of the financial losses stemming from devaluation of the local currency against the US dollar, finance officials have said.

The Local Government Division in a recent letter to the Finance Division advocated that the DWASA could be given waiver from Tk 16.65-billion losses incurred during the last two fiscal years from currency devaluation.

On its part, DWASA took foreign-currency loans w...