Tk 5.68bn deal signed for power plant at Syedpur | 2019-01-23

Tk 5.68bn deal signed for power plant at Syedpur

Special Correspondent

22nd January, 2019 10:30:41 printer

Tk 5.68bn deal signed for power plant at Syedpur

Bangladesh Power Development Board (BPDB) Secretary Mina Masud Uzzaman and Dongsang Electric International Corporation Deputy Manager Ayezhing sign a contract for setting up a power plant at Biddyut Bhaban in the capital on Tuesday. Prime Minister’s Energy Affairs Advisor Dr Towfiq-e-Elahi Chowdhury, Power Secretary Dr Ahmad Kaikaus and State Minister for Power, Energy and Mineral Resources Nasrul Hamid were also present on the occasion.

The government on Tuesday signed an Engineering, Procurement and Construction (EPC) contract with Chinese firm  Dongsang Electric International Corporation (DEC) for setting up a 150MW diesel-fired power plant at Syedpur. 

Under the deal, the Chine corporation DEC will construct the power plant within 18 months at a cost of Tk 5.68 billion (568.29 crore) under a Chinese credit, said officials in the ministry. 

The plant will be set up at the gateway of Indo-Bangla fuel pipeline project so that it can be run by imported fuel from India. India will supply about 2.5 lakh tonnes of diesel in the first three years. Prime Minister’s Energy Adviser Dr Tawfiq-e-Elahi Chowdhury, State Minister for Power and Energy Nasrul Hamid, Power Secretary Dr Ahmad Kaikaus and BPDB Chairman Engineer Khaled Mahmood attended at the signing ceremony.

According to Dr. Tawfiq-e-Elahi Chowdhury, the power plant will contribute a lot to ensure sustainable power supply at the country’s northern part.  

State Minister for Power and Energy Nasrul Hamid, at the singing function, said that the government is now implementing power plants considering regional balance in power supply.  He said that the government is now working to ensure affordable and uninterrupted electricity in the ncountry.

 Later, BPDB secretary Mina Masuduzzaman and DEC President Luo Zhigang signed the deal on behalf of their organizations at Biddyut Bhaban in the capital.

At present, the country’s total installed generation capacity is about 20775 MW including 1160 MW import from India and 2800 MW captive power generation. Access to electricity across the country is about 92 per cent. Government set a target to provide electricity to all across the country by 2021.

According to PSMP 2016, electricity demand of the country will be 14460 MW, 27393 MW and 50979 MW by 2021, 2030 and 2041 respectively.

In order to meet the increasing demand of electricity as well as to balance the regional power generation in the northern region, BPDB has formed a feasibility study committee with its experienced engineers to install a combined cycle power plant in the vacant land of Syedpur 20 MW Gas Turbine Power Station complex and they submitted the study report on July, 2016.


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