<div style="text-align: justify; "><span style="font-size: 1rem;">A radical change will take place in the power system of Dhaka city and its adjacent Narayanganj after the full implementation of the project titled "Expansion and Strengthening of Power System Network" which will be the main foundation of digital Dhaka city, says a senior Chinese official.</span><br></div><div style="text-align: justify;"><br></div><div style="text-align: justify;">"Over 70 percent work of the project has so far been completed," Director, International Market Management of TBEA's Ma told UNB.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">He said the whole project will be completed and delivered to Dhaka Power Distribution Company Limited (DPDC) by the end of 2024.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">Director Ma said TBEA is working under a US$1.65 billion project under which several subprojects are being implemented.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The project is the largest power cooperation project between the two governments of Bangladesh and China since the establishment of diplomatic ties between the two countries.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The implementation of the project will enable the power grid system to be of better quality and serve the government departments and people of Bangladesh, and better promote the social and economic development of Bangladesh, said the Chinese side.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">TBEA, an international service provider of system solutions for global energy industry, dedicated to green and low-carbon development, with more than 24,000 employees from 24 countries, sees this project under the "Belt and Road Initiative" cooperation and development between China and Bangladesh.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">Under the project, a total of 44 substations are being set up, Director Ma said.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">Overhead cables of Hatirjheel Lake and Dhanmondi residential area will be laid underground.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">Bangladesh termed the project as a historic one for Dhaka as funding for this project was signed during Prime Minister Sheikh Hasina’s visit to China which was witnessed by Chinese President Xi Jinping.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The government of Bangladesh thinks the project will play a vital role to modernise and digitise the power distribution network of Dhaka city as some substation will be constructed underground saving the land.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">While briefing a visiting Bangladesh media delegation at TBEA Co, Ltd, its Director Ma said in 2022 the company had assets worth 198 billion yan and made profits worth 28.6 billion yan which is 122 percent higher compared to previous year.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The media delegation members are Daily Jugantor Chief Reporter Masud Karim, The Business Standard Deputy Editor Titu Das Gupta, The Financial Express Special Correspondent Mir Mostafizur Rahaman, The Daily Star Diplomatic Correspondent Porimol Palma, UNB Special Correspondent AKM Moinuddin, Independent TV Special Correspondent Nafiza Dawla, ATN News Chief Reporter Ashiqur Rahman Apu, Daily Samokal Diplomatic Correspondent Tasnim Mohsin Mishu, Jamuna TV Senior Reporter Ahmed Reza and Somoy TV Diplomatic Correspondent Tajwar Mahmid. UNB</div><div style="text-align: justify;"><br></div><div style="text-align: justify; ">bnbd24/kh</div>