Power Grid Company of Bangladesh (PGCB) was created under the restructuring process of Power Sector in Bangladesh with the objective of bringing about commercial environment including increase in efficiency, establishment of accountability and dynamism in accomplishing its functions. PGCB was incorporated in November 1996 with an authorized capital of Tk.10 billion. It was entrusted with the responsibility to own the national power grid and to operate and expand the same with efficiency. Pursuant to Government decision to transfer of transmission assets to PGCB from Bangladesh Power Development Board (BPDB) and Dhaka Power Distribution Company (DPDC), former DESA, PGCB has completed taking over of all the transmission assets on 30.12.2002 and operating them.
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