ECO 203
Rampal Electricity Plant
Introduction
There is a rising energy demand in Bangladesh in proportion with the growth of its population. Given the near exponential growth of demand due to other factors like industrialization, we are now forced to explore non-government sources of energy from being reliant on government run power stations only. The proposed Rampal Coal-based Power Station is an example of the latter.
Rampal Power Station came in the paper for the first time when Bangladesh Prime Minister Sheikh Hasina visited India in 2010. A memorandum jointly signed by the two Prime Ministers contained proposal of power generation plant near the Sunderbans in Rampal, in light of which India’s National Thermal Power Corporation (NTPC) and Bangladesh’s Power Development Board (PDB) signed a treaty in 2012. The treaty proposes to establish two 660 megawatt unit power plants in Rampal to produce 1,320 megawatt power. In the background, the land in Rampal was allocated on 27 December, 2010 without assessing any environmental aspects and threats. Finally based on this undue proceeding, the two governments of Bangladesh and India on 20 April, 2013 signed the treaty to build the Rampal power plant.
i) BENEFITS-
A) Measurable (Market Benefits)-
1) Increase production of electricity
Rampal power plant is a coal base electricity project. So eventually they will add electricity to our national power grid. Thus our country will be able to produce large amount of electricity for our domestic sectors as well as industrial sectors.
2) Industrialization
As the main objective of Rampal power plant is to produce electricity, it will be a huge opportunity for our industrial sectors. A number of industries will grow up based on that power plant.
3) Job and employment
Bangladesh consists of a he amount of labor. That’s why there are a good number of unemployed labors in our country. So that project will certainly help to solve that problem.
B) Non-measurable
Introduction
There is a rising energy demand in Bangladesh in proportion with the growth of its population. Given the near exponential growth of demand due to other factors like industrialization, we are now forced to explore non-government sources of energy from being reliant on government run power stations only. The proposed Rampal Coal-based Power Station is an example of the latter.
Rampal Power Station came in the paper for the first time when Bangladesh Prime Minister Sheikh Hasina visited India in 2010. A memorandum jointly signed by the two Prime Ministers contained proposal of power generation plant near the Sunderbans in Rampal, in light of which India’s National Thermal Power Corporation (NTPC) and Bangladesh’s Power Development Board (PDB) signed a treaty in 2012. The treaty proposes to establish two 660 megawatt unit power plants in Rampal to produce 1,320 megawatt power. In the background, the land in Rampal was allocated on 27 December, 2010 without assessing any environmental aspects and threats. Finally based on this undue proceeding, the two governments of Bangladesh and India on 20 April, 2013 signed the treaty to build the Rampal power plant.
i) BENEFITS-
A) Measurable (Market Benefits)-
1) Increase production of electricity
Rampal power plant is a coal base electricity project. So eventually they will add electricity to our national power grid. Thus our country will be able to produce large amount of electricity for our domestic sectors as well as industrial sectors.
2) Industrialization
As the main objective of Rampal power plant is to produce electricity, it will be a huge opportunity for our industrial sectors. A number of industries will grow up based on that power plant.
3) Job and employment
Bangladesh consists of a he amount of labor. That’s why there are a good number of unemployed labors in our country. So that project will certainly help to solve that problem.
B) Non-measurable