Monday, April 26, 2010

Deals for 5 new power plants signed




The government has signed deals for the construction of five new power plants capable of producing a total of 420 megawatts of power from August of next year.

The agreements for the 'peaking' power plants were signed on Monday between the Bangladesh Power Development Board and the contract winning companies' representatives.

The total cost of the power plants is Tk 3439 crore.

A 'peaking' power plant, also known as peaker plants, are power plants that generally run only when there is a high demand for electricity.

South Korean entity, Hyundai won the contract to build a power plant at Bera in Pabna district. The 70 megawatt furnace-fuel fired plant costs Tk 484 crore.

Contracts for two 100 megawatt power plants in Chittagong were awarded to Chinese company, Guangdong Power Engineering Corporation.

The dual fuel (furnace oil and gas) power plants in Hathazari and Dohazari will cost Tk 908 crore and Tk 971 crore respectively.

Meanwhile, the consortium of Energypac Engineering Ltd, Bangladesh and Energypac Power generation Ltd won contracts to set up two furnace fuel- fired plants - a 100 megawatt in Gopalganj costing Tk 693 crore and 50 megawatt in Faridpur costing Tk 383 crore.

All of the power plants are expected to be commissioned in August, 2011, according to the Bangladesh Power Development Board.

The tender for the plants were originally published in September last year.

The signing ceremony held at the at the Dhaka Power Distribution Company premises was attended by prime minister's energy adviser Towfik-e-Elahi Chowdhury, state minister for power Enamul Haque, state minister for home affairs Shamsul Haque Tuku among others.

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