When one state-owned old power plant generates only 40MW electricity, much less to meet the demand for 150MW and a new project under government initiative fails to see the light yet, a Summit sponsored 119.5MW unit has brought the relief for the people of the Barisal region by commenting operation quite ahead of the scheduled deadline.
The lone government owned power plant can only produce 40MW of electricity at peak hours and it incurs too high a cost for per KW-H of electricity production.
Despite several attempts, the concerned authority failed to establish a new power plant for various reasons. For this, the desire for a modern, dependable and fuel-efficient power plant in the region was long overdue for the people of Barisal.
The 119.5MW Summit Barisal Power Limited (SBPL) IPP Power Plant fulfills that desire of the people by implementing the project in a record time as its construction began only a year ago.
The Commercial Operation Date (COD) of the plant commenced on April 5 last, two months ahead of the proposed schedule according to the contract signed between the Bangladesh Power Development Board (BPDB) and SBPL.
The plant is now providing 110MW of electricity to the national grid as per the contract and contributing substantially to meet the demand of electricity of the greater Barisal region.
The plant, situated on the northeastern bank of Kirtonkhola river in Barisal is equipped with seven latest and highly efficient Heavy Fuel Oil (HFO) Engines made by Wartsila Finland.
Summit Oil and Shipping Company Limited (SOSCL) will import and supply the HFO for the plant.
The fuel will be unloaded to the plant’s own jetty constructed by SOSCL adjacent to the plant.
The complete process of design and construction of the Tk 575 crore Summit Barisal Power Limited project has been implemented under the direct supervision of Wartsila Finland.
Some 70 percent of the project cost is financed by foreign loans. The emission level of the plant is restricted to a minimum with the approval of the Department of Environment.
The power production tariff of the plant is fixed at Tk 6.9940 per kilo watt hour (KW-H).