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RADP implementation

Energy Division achieves 103.04 pc progress


Published : 23 Jul 2023 10:46 PM | Updated : 24 Jul 2023 03:07 PM

The Energy and Mineral Resources Division has achieved 103.04 percent progress in implementation of its revised annual development programmes (RADP).

Such information on the RADP achievement was shared by the officials at a reviewed meeting of the division "on the progress of projects of the Energy and Mineral Resources Division from July, 22 to June, 23" on Sunday.

Appreciating the officials’ remarkable success, State Minister for Power, Energy and Mineral Resources Nasrul Hamid has said schemes should be taken up keeping in mind the future prosperous Bangladesh.

"It's necessary to strengthen team initiative and implement projects quickly. Nobody should suffer from indecisiveness,” he said.

He said the Energy and Mineral Resources Division has implemented 100 percent of ADP for the last two consecutive years and this should be continued.

He directed the distribution companies under Energy and Mineral Resources Division to take initiative to increase the planned communication activities to build up trust-based relationship with their customers.

It was informed in the meeting that that in the financial year 2022-2023, under the annual development program, a total of Tk 4053.20 crore was allocated against 44 projects, including 7 GOB and foreign aid projects, 25 own projects and 12 under the Gas Development Fund against which the expenditure was Tk 4176.55 crores. Financial progress rate is 103.04 percent while the progress in FY 2021-2022 was 103.52%.

Chairman of Bangladesh Petroleum Corporation (BPC) ABM Azad, Chairman of PetrobanglaJanendraNath Sarkar and officials of the other subordinate organizations were present in the meeting, presided over by Secretary of the Energy and Mineral Resources Division MdKhairuzzamanMajumdar.