Happy new year 2010 and the blue Moon

ONCE IN a blue moon there is a New Year’s Eve. The New Year 2010 will be treated to a so called blue moon celebration. According to popular definition, a blue moon is the second full moon in a month. New Year’s Eve is never dull. But nights like tonight happen just once in a blue moon.The name has nothing to do with the color of our closest celestial neighbor.

A full moon occurred on December. 2. It will appear again on Thursday in time for the New Year’s countdown.

This year, New Year eve parties could wind up earlier than usual as people may rush off to catch the twin lunar spectacle which will unfold the night of December 31 and remain visible till the early hours of January 1, 2010.

Why two full moons in a single month? It’s because the natural cycle of moon phases doesn’t perfectly match up with our human-made calendar.

“The lengths of the months in our calendar were set arbitrarily by Julius Caesar and Augustus Caesar 2,000 years ago,” said English astronomer David Harper, who is a fellow of the Royal Astronomical Society and author of the Once in a Blue Moon Web site.

Today people define a blue moon as the second full moon of the month, a definition inadvertently introduced by Sky and Telescope magazine in 1946 and subsequently popularized in the 1980s by a Trivial Pursuit board game question. But the saying “once in a blue moon”?meaning “not very often”?has been around for at least 150 years. And the phrase “blue moon” has been used for at least four centuries, according to Hiscock’s research, which he reported in the March 1999 issue of Sky and Telescope.

A full moon occurs every 29.5 days, and most years have 12. On average, an extra full moon in a month ? a blue moon ? occurs every 2.5 years. The last time there was a lunar double take was in May 2007. New Year’s Eve blue moons are rarer, occurring every 19 years. The last time was in 1990; the next one won’t come again until 2028.

After knowing the interesting facts about blue moon most of the people will be winding up the New Year party at 12 pm and rush to their homes to have a glimpse of the eclipse. Also excited are amateur astronomers and enthusiastic star gazers who are already polishing their telescopes for a better view of the event in the sky.

Arvind Paranjpye, scientific officer, Inter-University Centre for Astronomy and Astrophysics (IUCAA) says, ?It will be a visual treat if weather permits. The long duration of the eclipse will give people a better chance to witness it,? he says, adding that the best time to view it will be between 1 and 3 am on January 1.

Blue moons have no astronomical significance, said Greg Laughlin, an astronomer at the University of California, Santa Cruz.

But here our city astrologers are not looking forward to the event as much others. Noted astrologer Divagyna Somyaji says, ?Astrologically speaking, starting the calendar year with an eclipse could lead to problems, two eclipses within a fortnight, the lunar eclipse on December 31 and the solar eclipse on January 15 could increase the possibility of natural calamities. ?Political turmoil will continue and the double eclipses will have different impacts on different people,?

This year’s blue moon will look the same as any other full moon. And despite superstition and New Year celebration, rates of crime, rash driving, & drinking will be about the same as any other night of the year.

Let us not worry & think much. Let?s celebrate this New Year with sheer enthusiasm, spreading happiness all over the world.

Dear Friends Each moment in a day has its own value. Morning brings HOPE, Afternoon brings FAITH, Evening brings LOVE, Night brings REST, Hope you will all of them everyday.HAPPY NEW YEAR 2010.

Bangladesh economy shows its mettle in 2009 amid global recession

Bangladesh economy showed its mettle in 2009 when it passed one of the toughest tests triggered by the global financial meltdown, which significantly impacted performances in the major Asian nations and most of the developed countries, officials said Thursday.

They said almost all the major sectors including exports, imports, remittance and the stock market of the South Asian country have performed well in 2009 despite the shocks of global recession.

The country’s central bank Thursday said Bangladesh attained a 5.9 percent GDP (gross domestic product) growth in the first half of the current fiscal year 2009-10 (July 2009-June 2010), leaving six more months to achieve the 6 percent target.

“Our GDP target growth will be achieved by the end of the fiscal year as all the key indicators of the economy are showing positive trend,” Bangladesh Bank (BB) governor Atiur Rahman told reporters Thursday.

Briefing journalists on the economy in the outgoing 2009 Thursday, he said this year began with fear of global recession shocks but the Bangladesh Awami League-led newly elected government after coming into power in January this year set right kind of directions to safeguard the country’s economy from the shocks of recession.

As a result of the time befitting measures, the governor said growth in the country’s two major sectors — export and agriculture– was satisfactory in the outgoing year 2009. Bangladesh’s export earning grew at a rate of 10 percent in 2009 and agriculture by 4.8 percent, he added.

The BB governor said imports including capital machinery are also on rise, indicating that the domestic business and investments are gaining momentum.

The central bank data showed Bangladedsh’s capital machinery import surged by 24 percent in July-November of this fiscal year while imports of consumer goods in the same period rose by 44 percent year on year.

Rate of inflation, a major concern of the country, was at 5.1 percent in October, the BB governor said and expressed the hope that it would not go beyond this fiscal year’s target of 6.5 percent.

An economist on condition of anonymity said political stability, which is very rare in the South Asian, also contributed to achieve steady economic growth in 2009.

Bangladesh maintained a steady growth in 2009 despite global financial turmoil but growing power and energy shortages and poor infrastructure remained as a major hurdle to the country’s industrial activities, Annisul Huq, President of Bangladesh’s apex trade body, was quoted as saying in a report of leading English newspaper The Financial Express Thursday

The BB governor, however, differed from the arguments that the inadequate energy supply would hinder the employment and eventually the poverty reduction initiatives.

Production of electricity in the public sector in Bangladesh in2009 stood reportedly at about 4,300 MW per day against the daily demand for about 7,000 MW.

The BB governor also referred to the highest ever foreign exchange reserves, remittances despite huge fall in overseas jobs, stable exchange rates, adequate liquidity in the banking sector and increasing revenue earnings.

Bangladesh’s foreign exchange reserves hit a record high of 10.36 billion U. S. dollars at the end of the last month from 9.54 billion U.S. dollars at the end of October.

The BB data showed in July-November, the first five months of Bangladesh’s financial year 2009-10 (from July 2009 to June 2010),remittances totaled 4.67 billion U.S. dollars, registering a 24.40percent growth over the corresponding period of the previous fiscal year.

It showed domestic investment increased by 15 percent during January-October this year despite the foreign direct investment registered fall to some extent.

Listing future challenges of the economy, Atiur said the impact of climate change would remain the main challenge to the development of the country as the number of man-made disasters are on rise in the recent years.

Bangladesh suffered a big blow due to cyclone Aila in May, 2009,which was the biggest natural calamity in the country after a powerful cyclone Sidr that battered its southwestern coastal belt on Nov. 15, 2007 and claimed lives of over 4,000 people.

source : http://news.xinhuanet.com/english/2009-12/31/content_12736663.htm

Bangladesh NGO head-Fazle Hasan Abed honored UK award .

The founder of one of the world’s largest non governmental organisations, the Bangladesh Rural Advancement Committee, has been honoured in the UK.

Fazle Hasan Abed – who holds dual British and Bangladesh citizenship – will be knighted by Queen Elizabeth in 2010 for services in tackling poverty.

He has also been awarded for empowering the poor in Bangladesh and globally.

Mr Abed’s name was included in the Queen’s New Year’s Honours List released on Thursday.

‘Multi-dimensional approach’

“I feel very humbled to receive this award,” he told the BBC from his office in Dhaka, “which I am delighted to accept on behalf of all Bangladesh Rural Advancement Committee (Brac) workers across the world.

“I now want to build on this success to continue Brac’s fight against poverty not only in Bangladesh but in eight other countries in the world where we are involved – Afghanistan, Uganda, Tanzania, Southern Sudan, Pakistan, Sierra Leone, Liberia, and Sri Lanka.”

Brac also has plans to expand into Haiti.

Mr Abed says that Brac’s success was because of a “multi-dimensional approach” to fighting poverty such as improving education, healthcare and financial services.

He Abed is to be made a Knight Commander of the Most Distinguished Order of St Michael and St George (KCMG) and is the first person of Bangladeshi origin to be honoured with a knighthood by the British Crown since 1947.

Mr Abed is the second person in his family to be honoured with a knighthood. His grand uncle, Justice Nawab Sir Syed Shamsul Huda, was knighted by the British Crown in 1913
source : BBC

Bangladesh’s capital market sees 2009 as year of landmark achievements

Strong inflow of liquidity and influx of fresh investors have driven Bangladesh’s capital market to its historic height in the outgoing year 2009, officials and market analysts said Thursday.

They said both institutional and individual investors in 2009 injected huge funds into the South Asian country’s capital as a long-lasting bullish trend lured them, which virtually contributed to surpass all previous records in market indicators.

Chief of the South Asian country’s capital market regulatory body — Securities and Exchange Commission (SEC), M Ziaul Haque Khondaker told Xinhua Thursday, “Bangladesh’s capital market not only successfully rides out the global recession but also marked some remarkable achievements in 2009.”

“We’ve taken all required precautionary measures to safeguard the interests of the investors in context of the global recession,” the SEC chairman Khandaker said.

Capital market analyst Salahuddin Ahmed Khan said, “2009 was really a good year for Bangladesh’s capital market. This year will be a milestone in the history of Bangladesh’s capital market.”

Khan, also a former Chief Executive Officer of Bangladesh’s main bourse Dhaka Stock Exchange (DSE), said the number of investors in 2009 increased by 500,000 and stood at nearly 2 million while the number of branches of broker houses throughout the country has reached 387 in the outgoing year from 272 in 2008.

Official statistics of the DSE showed the DSE general index (DGEN) reached its all-time high at 4,535.53 points Wednesday, the last trading day of the year. The bourse, key index gained 1,740.19 points, or 62.25 percent, in the outgoing year.

It said the DSE market capitalization surged to 27.54 billion U.S. dollars on Dec. 30, rising 82.34 percent in the year. The market capitalization increased to 30.95 percent of GDP in 2009 from 19.26 percent in 2008.

“We saw the Bangladesh’s top mobile company Grameen phone listing, highest single-day turnover, record levels of market capitalization and key indices, introduction of book building method and many more,” Rakibur Rahman, president of DSE, was quoted as saying in a report of leading English newspaper New Age Thursday.

These successes have added to the investors confidence, he said, adding if the trend continues next year and new companies list on two bourses including Dhaka and Chittagong, daily turnover may reach 30 billion taka level by December 2010.

Turnover on DSE in October this year hit an all-time high after topping 12.45 billion taka while the total amount of turnover in 2009 stood at over 1,475 billion taka with 120 percent rise from that in 2008.

However, the officials and analysts said Bangladesh’s capital mark where there is a still dearth of quality shares has often gone wrong with unusual share price inflations as more funds rushed for a few stocks, prompting interventions of the country’s stock market regulator.

In some cases, they said the SEC interventions resulted in a slowdown of the market, sparking off angry demonstrations of investors against the regulator’s role.

The investors even sometimes took to the streets seeking the regulator’s actions to contain the stock price erosion.

“We’ve introduced some new systems to further restore confidence of investors,” the SEC chairman said, adding they are taking more measures to boost supply side with some quality shares from both public and private companies.

According to official statistics, a total of 18 companies raised 8,971 million taka, floating initial public offerings in 2009 which pulled up the number of listed companies to 236 in 2009from 276 in 2008.

Bangladeshi to lead UN peacekeepers in Ivory Coast

The United Nations is going to appoint a major general from Bangladesh Army as the commander of its peacekeeping mission in Ivory Coast.

Chairman of parliamentary standing committee on defence ministry M Idris Ali said this to reporters at the Zia International Airport on his arrival after a 14-day official visit to the peacekeeping missions in the African states of Ivory Coast and Congo.

A number of members of Bangladesh armed forces and police are engaged in the UN missions there.

Talking to the press, Idris Ali also pointed out that there are some problems Bangladeshi peacekeepers are facing abroad.

The standing committee will submit recommendations to the government in this regard like taking initiatives to provide Bangladeshi soldiers with cheap phone call rates for talking to their relatives back in the country and chartering aircraft to fly them home on annual holidays, he said.

The Awami League lawmaker led a six-member delegation to Ivory Coast and Congo to witness the operational and administrative duties of Bangladesh contingent deployed there.

The team also visited various military installations and called on high officials of the UN peacekeeping operations.

Many think that such visits to UN peace mission areas will enhance the morale of Bangladeshi troops and help make them more dutiful.

Idris Ali told reporters that the UN would increase participation of Bangladeshi soldiers in its peacekeeping missions in the two countries.

Bangladesh is the second highest contributor to UN’s peacekeeping missions in terms of number of peacekeepers. The United States secured the number one position in terms of financial contributions.

Earlier, US President Barack Obama invited Prime Minister Sheikh Hasina along with heads of 10 other countries contributing peacekeepers to the missions to a meeting in New York on September 23 where they exchanged views and experiences on UN peacekeeping operations across the world.

source :http://www.bdmilitary.com/

Bangladesh attempts to save the world?s best coral island ?Saint Martin?

About Saint Martin?s Island :

  • Saint martin’s island is situated in the southeast of Bangladesh on The Bay of Bengal.
  • From the main land it is 9-10 km far. It is almost 7 km long including “Chera Dweep”.
  • Chera Dweep is another attraction of this island. This a torn part of this island but exclusively beautiful.
  • “Chera” means Torn and “Dweep” means Island. The under water colorful fishes and live corals entertain the tourist in Chera Dweep.
  • Local name of this island is “Narikel Gingira” means Coconut Island. The total island is surrounded by thousands of coconut trees.
  • The northern part of the island is the mostly populated area and all the hotels, motels and restaurants are there in the northern part.
  • On the other hand southern of the island is almost blank.It has become one of the most popular tourist places in Bangladesh. October to March is considered as tourists season. Tourists are being attracted for its natural beauty.

Bangladesh has ordered a building congeal on its lone coral island in a bid to save its wildlife and natural beauty from a boom in construction fuelled by tourism, its environment minister said Tuesday.

Hasan Mahmud told AFP his government had declared the eight square kilometre (three square mile) St Martin’s Island an ecologically critical area and had banned new buildings there.

“We have also ordered an inventory of the existing infrastructure that threatens the island’s ecology,” he said, adding that any buildings that harm the environment would be demolished.

St Martin’s Island, situated 400 kilometres (250 miles) south of the capital Dhaka, is Bangladesh’s lone coral island and attracts tens of thousands of tourists during holiday periods.

The island is habitat to some rare flora and fauna, including 182 wildlife species. In recent years, the island has witnessed a building boom due to a huge rush of tourists.

So, we should come forward to save the world best coral island ? Saint Martin.

Chittagong will reshaped as real commercial capital by 2013, says minister

Development of Chittagong: Problems and Prospects?. State Minister for Law, Justice and Parliamentary Affairs Quamrul Islam said economically potential port city to be elevated into real commercial capital within the tenure of present government.

Private sectors should put in much effort side by side with the government to this end, he added.

“The city can be turned into a desired tourist destination through implementing coordinated development plans with the involvement of both public and private sectors,” the state minister said while speaking as the chief guest at a seminar Saturday night at the historic Muktijudder Bijoy Mela being held at MA Aziz Stadium.

The title of the maiden day seminar part of the five-day seminar series was ” Development of Chittagong: Problems and Prospects”.

Vice Chancellor of Dhaka University AAMS Arefin Siddique presided over the function. Former chief engineer of Chittagong Port Authority (CPA) Sultan Mahmud and former chairman of IEB, Chittagong centre Ali Ashraf presented two separate keynote papers.

Engineer Mahmud Islam and Chairman of Chittagong WASA AKM Fazlullah took part in the discussion.

State Minister for Law Quamrul Islam said Chittagong had occupy important place in the country in terms of historical and heritage points of view.

He said the city carried immense importance for its huge economic prospects and vast natural resources. “Considering all this aspects, the Prime Minister Sheikh Hasina has attached utmost importance for the development of this region and herself taken responsibility on her shoulder to accelerate the uplift of the area” the state minister pointed out.

He said the primary work for the development of Chittagong in line with the government’s prior commitment had already been started. He expressed the hope that the port city would elevate into a real commercial capital of the country within the tenure of the government.

In this context, he urged the private entrepreneurs to put in their maximum efforts to supplements the government plan, as only government could not alone materialise the giant scheme.

Speaking at the seminar, Prof Arefin Siddque said honest and educated leadership was a must for planned and sustainable development of the country as such leadership could only ensure good governance.

Terming the Father of the Nation Bangabandhu Sheikh Mujibur Rahman “source of power” of the Bengali nation, he said Bangabandhu gifted Independence to the nation through his consistent and sagacious leadership.

He asked the new generation to obtain lesson from the colourful and struggling life of Bangabandhu and utilise it for nation building activities

Daylight saving time : Clock to be moved back by an hour on Dec 31 in Bangladesh

The Bangladesh government Sunday said the clock would be moved back by one hour at 11:59pm, not exactly at midnight on December 31, dispelling confusion over turning clocks back from the Daylight Saving Time (DST).?

In an attempt ?to dismiss widespread confusion over the introduction of Daylight Saving Time (DST), the government yesterday clarified that clocks should be adjusted back one hour from 11:59pm to 10.59pm on December 31.

The clock will be set back by an hour to the original position on December 31 as the government decided to introduce variable timings for the summer and the rest of the year from 2010.

Introducing DST adds more sunlight to winter afternoons while the mornings have less which is believed to reduce energy consumption.

The cabinet approved the decision to implement DST on June 2 and it first came into effect on June 19, when the clocks went forward one hour.

On December 24 the cabinet with Prime Minister Sheikh Hasina as chair decided that the clocks would go back by one hour on December 31.

Power Secretary Mohammad Abul Kalam Azad has confirmed that the clocks will again change at 11:59pm on 31 October 2010 when the time will become 10:59pm.

This period of DST will continue until March 31, 2011.

Under the new timings, the clock will again be advanced by an hour from March 31 for the hot days till October 31 “every year as a measure to save electricity”, PM’s Press Secretary Abul Kalam Azad told reporters after the meeting.

The high-power-consuming summertime over, the clock will again tick back an hour to the original Greenwich Mean Time (GMT) on October 31 midnight.

Earlier, the government pushed forward the clock an hour on June 19 to better utilise daylight and save electricity following a decision of the cabinet meeting on June 1.

The power-saving measure was taken in the wake of nagging power crisis in the country.

Happy Christmas- Christ in you-Christmas worldwide


Christ in you

“In a thousand different ways, people join together every year to celebrate Christmas with their own unique customs and traditions.?people ?recreated them with his own unique style. Each melody contains history and meaning that has endured for centuries.”

the mystery that has been kept hidden for ages and generations, but is now disclosed to the saints. 27 To them God has chosen to make known among the Gentiles the glorious riches of this mystery, which is Christ in you, the hope of glory. 28 We proclaim him, admonishing and teaching everyone with all wisdom, so that we may present everyone perfect in Christ.?

The truth of the Bible is clear: Beyond forgiveness lies the upward call of God, that Christ will be formed in you and life through you, that you can be renewed, holy & perfect.

Never does the Bible permit us simply to sit Christ on a throne to watch & worship. His life must become our life. Through baptism we are to be united with Him (Romans 6 & 7); We must carry our crosses so that our ego can be slain with Him. Then we will be empowered to be raised with Him to the new life in the Spirit. Eventually, we can say with Paul (a one-time murderer), “It is no longer I who live, but Christ Who lives in me”(!) (Galatians 2:20)

A Values Based Christmas.
The momentum towards the Christmas holiday season has picked up. Whether or not you celebrate in a traditional way, it?s hard to avoid the external stimulation that is designed to influence your experience of Christmas.

When children are very young we have an incredible opportunity to teach them values that they can live by for the rest of their lives. Values are the underlying codes we set our life compass by, the beliefs that we hold to be true and right. We might have a value of being generous, compassionate and responsible. Or maybe a value of honesty, service, peace or even environmental or social sensitivity. Whatever our values and despite what we might hear in the media, holidays such as Christmas are not an excuse to abandon what we strongly believe in.

As a parent, we are always teaching our children. They watch what we do, hear what we say and feel what we are feeling. This time of year is no different and yet it can be the time when we teach our children that compromising our values is okay. For example, if we have a personal commitment to eating healthy it might seem strange to a child to see us overindulging with ?bad? foods. Likewise, if we stick to a budget all year long and then go into debt for Christmas our kids may wonder why the rules have changed.

From both of these examples a child might surmise that special occasions are a good reason to overeat or overspend. Maybe that?s what you learned, have always done and just assumed was ?normal?. There is a pervasive belief that we are denying ourselves and our children pleasure if we don?t follow the crowd, do what ?everybody else is doing?, give them what they want or what we never had, buy the most popular toys or behave in ways that are only associated with excess. What we don?t realize is that every time we choose something that is in conflict with our values we question our own integrity and chip away at our self-esteem. And ? as parents, we model self-destructive behaviours and attitudes for our children.

The balancing act for parents is knowing when we bump up against our own internal limits. When you get the feeling you are going overboard, you probably are. When you buy something you don?t really want your child to have but are afraid to displease them, you deny your internal guidance. When you act irresponsibly under the influence of alcohol you condone behaviour that you might otherwise deem inappropriate.

As the holidays approach, this is the time to ask yourself if you are doing what feels right or what you feel you ?should? do. Are you giving in to the pull of advertising, family and friends and even the unrelenting demands of your children? What core values do you fiercely protect that you might find yourself tampering with during the holidays?

It all comes down to choices. Sometimes a little flexibility is in order. Other times it?s our way of excusing our lack of commitment to the things that are really important to us. How you honour your values under the weight of holidays is a powerful way to model integrity for your children. If you are not sure what values you?ll be teaching your children this Christmas, call Daryl for a complimentary coaching session. You might be starting a new tradition that you and your children will appreciate in years to come.

Bangladesh Bank has doubled the export development fund (EDF) to $300 million (Tk 30 crore)

The export sector within Bangladesh has grown to become an increasingly significant component of national trade, and has involved significant private sector investment over the last decade. The connection of production networks commonly involving small-scale producers, and traditional market and distribution systems, to supply raw materials for products meeting international standards, offers particular management and logistic challenges.To emphasis export Bangladesh Bank has doubled the export development fund (EDF) to $300 million (Tk 30 crore) on Tuesday to offset export losses from global recession. which was previously $150 Million.

We’ve relaxed the rules and regulations relating to EDF loans to add an impetus to the country’s export performances,” a senior official of the Bangladesh Bank (BB)

“The EDF has been doubled to cover the losses of the exporters due to global recession,” governor Atiur Rahman told .

Exporters will benefit from the fund, he said.

The central bank, which manages the EDF, provides loans from the fund to exporters in foreign currencies. The EDF size was $ 150 million or Tk 15 crore before.

The textile owners under the BTMA, who did not get any loan from the fund, will
now get loans to import yarn on condition that clothes made from it must have to be exported, said Rahman.

A circular, issued on Tuesday, was sent to the chief executives of all banks.

From Jan 1 next year, the banks will take loan from EDF at London Interbank Offered Rate (LIBOR) plus 1 percent interest and will extend credit to the exporters at LIBOR rate plus 2.50 percent interest.

Until now, they used to borrow from EDF at the LIBOR rate and gave loan at LIBOR rate plus 2.50 percent interest to the exporters.

The previous process will become void on December 31 of the current year, said the circular.

330 MW power contract approved by govt for private bids

(Dhaka-Secretariat )From meeting of govt purchase comitee ?Bangladesh on wednesday chaired by finance minister?Abdul Mal Muhit has accepted and permitted for 5 power plant to develop 330MW power?through ?the private bidder.
Through this permission the added power plant will be?as follows :
Barisal – 50 MW,
Veramara- 100MW
Jamalpur- 30 MW
Thakurgaon 50 MW
All power will be added to the National grid.
@Furneshed oil based 50 MW power plant bid for Barishal won Coastal saba power ltd.for this plant the price of per unit has fixed 7.14tk.
@Diesel based 100 MW power plant bid for Veramara won jointly JBB OTOBI and some other company.for this plant the price of per unit has fixed 12.58tk.
@Furneshed oil based 30 MW power plant bid for?Jamalpur won Rahim Afroz for this plant the price of per unit has fixed 7.49tk
@.Diesel based 100 MW power plant bid for?Nowapara won? OTOBI ltd and some other company.for this plant the price of per unit has fixed 7.29tk.
@Diesel based 50 MW power plant bid for?Thakurgaon won?? Rahim Afroz.for this plant the price of per unit has fixed 13.74tk.

More Power news

Bibiyana power plant WB conditionalities may delay bidder selection
World Bank (WB) wants further evaluation through its own mechanism to select a qualified bidder for the installation of 330MW–450MW Bibiyana Power Plant in Habiganj.

A delegation of WB has conveyed this during a meeting with power division secretary Abul Kalam Azad yesterday.

The Power Cell, a relevant organisation of power division is the only authority to select lowest bidder through tender process, sources said. The Power Cell has already selected four power producing companies for installation of 330MW – 450MW Power Plant at Bibiyana in Habiganj.

The Power Cell sent four short-listed names of companies to the Ministry of Power and Energy in September last.

The four power producing companies are: The companies which submitted the pre qualification statements are YTL Power International Berhad of Malaysia, Summit Industrial and Mercantile Corporation (Ptv) Limited and GE Energy LLC, Bangladesh, Joint venture of China National Machinery and Equipment Import and Export Corporation (CMEC), Shenwan Power Gas Turbine Engineering Technique Com. Ltd (NSRD) and Asian Entech Power Corporation Ltd (AEPC) and OTOBI Ltd (OTOBI), and MPC Consortium of Meiya Power Company (Hong Kong) and Shasha Denis Ltd of Bangladesh.

The Power Cell has asked the four elected companies to submit their proper documents to install the power plants. The companies have already submitted the documents.

“Selection process might be delayed again following the World Bank’s new proposal regarding the installation of Bibyana power plant,” a senior official of the ministry said.

The selection process has already delayed already eight months due to intervention of the World Bank for installation of the power plant.

Power Division Secretary Abul Kalam Azad told The New Nation that the World Bank delegation discussed about the power plant.

Earlier, World Bank said that it would provide soft loan to install the power plant if the Power Division appoints a World Bank consultant for the project to avoid any dispute over the evaluation. During the period, the Power Cell has completed the pre-qualification of the plant without World Bank following the directive of Prime Minister Sheikh Hasina, it may be recalled.

Seven power producing companies have submitted pre -qualification statements in April 23 to get the work permit to install the power plant.

Earlier, the IFC has worked as consultant to the Power Cell for the previously invited tender for the same power plant. But that tender was finally cancelled by the immediate-past caretaker government on the plea of receiving a single bid. Malaysia’s Powertek Consortium was the only bidder for the Plant.

Powertek quoted 4.399 cents per kilowatt-hour of sales against its previous offer of 4.53 cents, sources said.

A total of Tk 2,700 crore is needed to install the power plant, according to sources