2 Coal Power Plants
Maiden private venture gets nod
Each of the plants in Chittagong, Khulna to produce 300MW electricity
The cabinet committee on purchase yesterday approved setting up of two coal-fired power plants by the private sector for the first time.
Each of the plants will generate 300 megawatts of electricity. Bangladesh roughly has 1,000-1,500MW of production-demand deficit at the moment.
According to the proposal, the plants will supply electricity to the national grid in three years from the signing of the agreement.
The job of setting up the two plants has been awarded to Dhaka-based Longking-Orion JV Consortium. The plants will be operated on build-own-operate basis.
Orion Group sources said each of the two plants will be set up on 300 bighas of land owned by the group. They will import coal from Indonesia.
One of the plants will be set up at Mirerswarai in Chittagong and its tariff rate will be Tk 3.78 per kilowatt. Another plant will be installed at Mongla in Khulna and its tariff rate will be Tk 3.76.
Finance Minister AMA Muhith yesterday chaired the purchase committee meeting held at the cabinet division.
The committee also gave the nod to setting up of a quick rental power plant with 52MW generation capacity in Comilla. Sri Lanka-based Lakdhanavi Ltd bagged the job.
It also okayed import of 9.4 lakh tonnes of petroleum products at a cost of Tk 6,607 crore from three countries on state-to-state arrangement. One and a half lakh tonnes will be imported from the Philippines, 6.5 lakh tonnes from Malaysia and 1.4 lakh tonnes from Singapore.
-With The Daily Star input
