Bangladesh on Wednesday signed a Memorandum of Understanding (MoU) with China to set up a 1320 MW coal-based power plant in Patuakhali, a location also close to the Sundarbans.
According to Chinese Ambassador Li Jun in Dhaka, who was present at the deal signing ceremony, the project will involve a cost of about $2 billion.
This will be the second such project after the 1320MW Rampal power project in Bagerhat for which Bangladesh signed a contract with neighbouring India.
Bangladeshi state-owned North West Power Generation Company Limited (NWPGCL) and Chinese state-owned China National Machinery Import Export Corporation (CMC) will build the power plant under a joint venture.
Speaking on the occasion, Agriculture Minister Begum Matia Chowdhury said this is the part of the government’s plan to boost electricity generation by setting up coal-fired power plants.
She said the government has outlined its vision to generate 24,000 MW power by 2021 and 40,000 MW by 2041.
The function was attended, among others, by Prime Minister’s Energy Advisor Dr. Tawfiq-e-Elahi Chowdhury, State Minister for Power and Energy Nasrul Hamid and Power Secretary Monwar Islam.
Source: UNBConnect
