Aiming to ensure efficient use of electricity, state-owned Eastern Tubes Limited (ETL) is going to produce energy-efficient LED light in the country, reports BSS.
To this end, the ETL would install LED Light (CKD) Assembling Plant at its Tejgaon plant in the capital involving Tk 33.52 crore.
“We will produce energy efficient LED light instead of fluorescent bulbs to meet the domestic demand,” said Planning Minister A H M Mustafa Kamal.
He noted that “the move taken by ETL would bring healthy competition in local market as well as encourage other companies to produce quality LED lights.”
The Executive Committee of the National Economic Council (ECNEC) has cleared the project that will be implemented by June, 2018 with the government financing.
During the approval of the project, the Prime Minister gave a directive not to establish any industrial unit in Tejgaon as the government has already declared it as a “commercial area”.
The government has allowed the ETL to go ahead as it will install the LED assembling plant replacing old machines at the existing factory, he added.
“No government or private organisations would get permission for setting up factory unit in Tejgaon areas in future as per the directives of prime minister,” said Mustafa Kamal.
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Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.
Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.