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PDB to be incorporated

  • Published at 08:04 pm September 3rd, 2016
PDB to be incorporated
A month long protest by PDB staff has been postponed after this decision and they will join their work from today. PDB employees stopped their protest programmes on September 1 after they signed an agreement with State Minister for Power Nasrul Hamid. After becoming a corporation, all companies in power sector including the newly formed North West Zone Power Distribution Company Limited, Dhaka Electric Supply Company Limited, Dhaka Power Distribution Company Limited and West Zone Power Distribution Company Limited will be brought under PDB control. More than a decade after North West Zone Power Distribution Company Limited (NWZPDCL) was formed with some of PDB’s distribution zones in the north, the PDB signed an MoU and a power purchase and sales agreement with the NWZPDCL on August 1 to start its operations. But the PDB Sramik-Karmachari Oikya Parishad protested the decision and started agitation programme on August 2, putting the company’s operational debut on hold. As per the deal, NWZPDCL, which is yet to take over the ownership of the assets, will run as a separate company and a PDB subsidiary. “We hope that officials of power division and PDB to help make it functional as soon as,” Md Zakiul Islam, managing director of NWZPDCL told the Dhaka Tribune yesterday. The protesting PDB staff held several programmes and strikes over the month of August. For the incorporation process, the PDB recently advertised for Expressions of Interest (EoI) from consultancy firms; five have submitted EoIs so far. Requests for Proposal (RFP) will now be sent to these firms and one will be selected to chalk out a plan. Zahirul Islam Chowdhury, president of Bidyut Sramik League and also a leader of Sramik-Karmachari Oikya Parishad, said that the state minister had assured them that all companies in the power sector would be brought under PDB, similar to how Petrobangla controls all state oil companies. He said that workers were against the formation of a new company. “We have stopped our protest as the government has promised us that it will bring all the companies under PDB,” he said. In February 2014, Prime Minister Sheikh Hasina asked to break up PDB and make it a corporation like Petrobangla to facilitate electricity distribution and to make the board a profitable entity.
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