Govt in talks with power producers to cut capacity charges: Minister
Sangsad Bhababn, July 8 -- Power, Energy and Mineral Resources Minister Iqbal Hassan Mahmood on Wednesday said the government is negotiating with private power producers to reduce the financial burden of capacity charges and keep electricity prices affordable, though existing contracts backed by sovereign guarantees limit its room for manoeuvre.
Responding to a supplementary question from Bangladesh Jamaat-e-Islami MP for reserved women seat Mardia Mumtaz in Parliament, he said most of the costs associated with electricity subsidies stem from capacity charges and acknowledged concerns over their impact on power tariffs.
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