Quick energy supply: Cabinet approves 5-year extension of special provision
The Cabinet today cleared a proposal for the extension of the Quick Enhancement of Electricity and Energy Supply (Special Provision) Act 2010 for another five years till 2026.
The approval came from the virtual cabinet meeting held with Prime Minister Sheikh Hasina in the chair.
The PM joined the meeting from her official residence Gono Bhaban. Other cabinet members were connected from the Secretariat.
"Since the tenure of the existing law is going to expire in 2021, the proposed law was brought to extend it by another five years till 2026," said Cabinet Secretary Khandker Anwarul Islam while briefing reporters after the meeting.
He said the cabinet gave the final approval to the draft of Quick Enhancement of Electricity and Energy Supply (Special Provision) (Amendment) Bill, 2021 in order to ensure uninterrupted supply of electricity and energy for the sake of developing Bangladesh into a higher middle-income country by 2030 and a developed country by 2041.
The tenure of the special provision, enacted in 2010, was extended on several occasions in the past, he said.
"But no change other than time extension has been made to the proposed law," said the Cabinet Secretary.