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DPDC pre-paid consumers to get recharge from Grameen Phone
State-owned Dhaka Power Distribution Company Limited (DPDC) signed an agreement with mobile phone operator Grameen Phone (GP) for vending its pre-paid meter. Company Secretary of DPDC Jayanta Kumar Sikder and Head of Financial Services of GP Rasheda Sultana signed the agreement on behalf of their respective organisations at DPDC conference room in Bidyut Bhaban in Dhaka on December 31, 2017. DPDC consumers will be able to visit Grameen Phone authorised agent points with pre-paid meter smart card and recharge their smart card. Power Division Secretary Dr Ahmad Kaikaus, Managing Director of DPDC Engineer Bikash Dewan and Chief Corporate Affairs Officer of GP Mahmud Hossain were present at the signing ceremony. Power Division secretary Ahmad Kaikaus said that the power division planned to offer the technological advantages for recharging cards for ensuring hassle-free use of prepaid electricity meters across the country. DPDC Managing Director Bikash Dewan said that the service would offer more comfort to the prepaid electricity meter users as the GP service would run parallel to the DPDC’s current vending service. Initially, the vending service at retail shops will be available for the prepaid electricity consumers living in Lalbagh and Azimpur areas in Dhaka city while the service will be available in a month in the entire distribution area of the DPDC.
Move underway to create 9,000 MW power generation hub at Payra
December 25, 2017 Monday 1:49 PM By UNB
A move is underway to create a 9,000 MW power generation hub at Payra area of Patuakhali in the southwestern region of Bangladesh. Disclosing the plan, State Minister for Power and Energy Nasrul Hamid said Payra will be another power hub like the two others being created in Maheshkhali and Matarbari in Chittagong in the eastern region of Bangladesh. “We’ve drawn up the plan for Payra power hub considering the uplifting of the country’s southern region, which remained under-developed compared to other regions of the country,” he told reporters while visiting the construction site of a 1320 MW power plant, now being installed in the area. The state-owned North-West Power Generation Company Ltd (NWPGCL) is installing the 1320 MW coal-based power plant in joint venture with Chinese state owned company CMC (China National Machinery Import and Export Corporation). First unit of the plant, having two units of each 660 MW, is expected to come into commercial operation in April 2019 and second unit in October of the same year, said A M Khurshedul Alam, managing director of the NWPGCL. The state minister visited the plant site on Friday along with a group of journalists from Dhaka. NWPGCL and Forum for Energy Reporters Bangladesh (FERB) jointly organised the tour. NWPGCL officials informed that the construction works is now going on in full swing keeping in mind the timely completion of the project. Nasrul Hamid said about $160 billion is being spent for the project of which 80 percent is debt and 20 percent is equity investment by the Bangladesh side and Chinese side where each has 50% share. He said the proposed 9000 MW power hub will require about $12 billion investment where NWPGCL will implement some projects having total 6000 MW capacity. The remaining 3000 MW will come from investment by some other state-owned companies like RPCL and APSCL. The State Minister said the plant will use coal coming from Indonesia and Australia and the coal will be utilised in a process so that it would not create any pollution in the area. “This will be an absolutely cleanest power plant as coal will be stored in a covered area,” he said. The coal will be unloaded in the power plant’s own jetty and directly come to the plant through conveyer belt.  He also informed that the Payra will have not only coal-fired plants. Rather, it will have solar power and LNG-based power generation projects as well. Officials said NWPGCL will implement a 100 MW solar and 50 MW wind power project projects. The NWPGCL and CMC have formed a joint venture company— Bangladesh-China Power Company (Pvt) Limited (BCPCL) to implement the 1320 MW plant. It has already appointed a China-based consortium of NEPC and CECC as engineering, procurement and construction (EPC) contractor to install the project. An official of the Chinese consortium Zhu Yue Yong noted that about 6000 workers now remained engaged to set up the projects where 1500 are Chinese and 4500 are local Bangladeshis and so far 37 percent of the construction works were completed. He informed that they have completed the pilling works and now the boiler house is being built. Afterwards, the turbine and generator will be installed phase by phase.     
Category: Power
Summit Gazipur-II Power Ltd signs 300 MW project agreement with government
December 10, 2017 Sunday 11:01 PM By News Desk, energynewsbd.com
Summit Gazipur-II Power Ltd has signed a project agreement with Bangladesh government to supply 300 MW (net) of electricity for a period of 15 years at Bidyut Bhaban, Dhaka on Sunday. Under this agreement, Power Purchase Agreement (PPA) and Implementation Agreement (IA) were signed. The Power Purchase Agreement (PPA) was signed by Bangladesh Power Development Board (BPDB) Secretary Mina Masuduzzaman and Managing Director of Summit Gazipur-II Power Ltd Engr Md Mozammel Hossain. The Implementation Agreement (IA) was signed by Joint Secretary (Development) of Power Division Sheikh Foyzul Amin, Secretary of Power Grid Company of Bangladesh (PGCB) Md Ashraf Hossain and Managing Director of Summit Gazipur-II Power Ltd Engr Md Mozammel Hossain. State Minister for Power, Energy and Mineral Resources Nasrul Hamid was present as the chief guest while Secretary of Power Division Dr Ahmad Kaikaus was the special guest at the ceremony. Other senior officials such as Chairman of BPDB Engr Khaled Mahmood, Managing Director of PGCB Engr Masum Al-Beruni, Chairman of Summit Group Muhammed Aziz Khan, Vice-Chairman of Summit Group  Muhammad Latif Khan, Vice-Chairman of Summit Group Md Farid Khan, Additional Managing Director of Summit Corporation Faisal Khan,  Managing Director of Summit Power Limited  Lt General (Retd) Engr Abdul Wadud were also present. According to the agreement, by mid-2018, the Summit Gazipur-II Power Ltd will commence commercial operation. Earlier on August 10, 2017, the Summit Gazipur-II Power Ltd had received Letter of Intent (LOI) from the BPDB. Summit Gazipur-II Power Ltd is a joint venture project company of Summit Corporation Limited and Summit Power Limited (SPL), a publicly listed company in Bangladesh. Summit Gazipur-II Power plant is located in Kodda, Gazipur about 30 km away from Dhaka city. This will be a HFO fuel-based power plant that will run onefficient reciprocating engines from Wärtsilä, Finland. When it will be operational in mid-2018, it is expected to be the largest reciprocating engine run power plant in Bangladesh supplying 300 MW to the national power grid. At the same location, Summit is also constructing another power plant with 149 MW capacity.  
Category: Power
Higher power tariff from December
November 23, 2017 Thursday 10:51 PM By UNB
The Bangladesh Energy Regulatory Commission (BERC) on an average raised retail power tariff by 5.3 percent or Tk. 0.35 per unit. It, however, decided not to raise bulk tariff. At present, average per unit cost of electricity at the retail level is Tk 6.49. After the increase, it will go up to Tk 6.84 per unit.    BERC Chairman Monwar Islam announced the decision saying that the new tariff will come into effect from December. The regulatory body announced its decision at 3 pm on Thursday on power tariff hike proposals placed by different state-owned companies. BERC chairman also said that the minimum charge of the consumers was withdrawn for which monthly power bill will be reduced of about 3 million “lifeline consumers.” This class of consumers monthly consumes 0-50 units each. Moreover, he said, retail tariff rate of about 6 million consumers under the Rural Electrification Board (REB) will remain unchanged. As a result, in total, there will be no hike in power tariff of about 38 percent consumers, claimed the regulator boss. The BERC had last raised the gas and powers tariff in September 2015 by 2.93 percent and 26.29 percent respectively on average at the consumer level. Under the new tariff structure, the residential consumers of 0-50 units will pay Tk 3.50 per unit while consumers of upto 75 units will pay Tk 4 per unit, consumers of 76-200 units at Tk 5.45 per unit, 201-300 units users will pay Tk 5.70 per unit, 301-400 units users Tk 6.02 per unit, 401-600 unit users Tk 9.30 per unit, and users above 600 units will pay Tk 10.70 per unit from December 2017.   Explaining the reason for not raising the bulk tariff rate, member of the BERC Mizanur Rahman said a number of adjustments were made in the expense of bulk consumers, which are mainly the power distribution companies that cut their increased expense. Secondly, about Tk 3600 crore of the government grant or subsidy was expected in the calculation of the bulk consumers which offset their cost enhancement and it does not need to increase the bulk rate, he said.       The PDB’s per unit revenue requirement was Tk 5.44 against the existing average bulk tariff of Tk 4.84 per unit. Mizan also said the government does not need to increase power tariff even if the costly imported LNG was supplied to the power plants as at that situation some dual fuel plants will run on imported gas, not by liquid fuel. He also admitted that if the government reduces the liquid fuel price, than it will give a scope to reduce the electricity tariff. Earlier, the Commission held a series of public hearings on their proposals from September 25 to October 5. It also held a special public hearing on power tariff reduction proposal placed by the Consumers Association of Bangladesh (CAB) to reduce the bulk power tariff. CAB has proposed reducing the bulk tariff price by Tk 1.32 per unit taking different measures and implementing the previous BERC order to ensure the purchase of lowest-cost electricity by Bangladesh Power Development Board (PDB). Earlier, the PDB proposed raising the power tariff by 15 percent per unit at the bulk level.
Category: Power
Deals signed to import 1600 MW power from Indian Adani Group
November 20, 2017 Monday 12:41 PM By News Desk, energynewsbd.com
The government recently signed two deals -- power purchase agreement (PPA) and Implementing Agreement (IA) -- with Indian giant power conglomerate Adani Power Ltd for importing 1600MW of electricity. Power Division Joint Secretary Faizul Amin, Bangladesh Power Development Board (BPDB) Secretary Mina Masud Uzzaman and Adani’s Business Development President Kandarp Patel signed the agreements at Bidyut Bhaban in Dhaka. The group’s wholly-owned subsidiary company Adani Power (Jharkhand) has signed a long-term power purchase agreement (PPA) for the net capacity of 1496 MW with Bangladesh Power Development board for 25 years, according to a company document submitted to Bombay Stock Exchange. The power supply under the PPA will be made from a new 1600 MW ultra-supercritical coal-based power plant to be set up by Adani Power (Jharkhand) at Godda, Jharkhand. Bangladesh will import the electricity from the Adani Power Limited-sponsored 1600MW plant at Jharkhand paying 8.612 US cents (Tk 6.890) per unit for a 25-year period, officials confirmed. Bangladesh is now importing 640MW of electricity from India at Tk 4.92 per unit on average. The government signed a Memorandum of Understanding (MoU) on August 11, 2015 with the Indian firm to import electricity.  The Indian company said it would invest $2.12 billion to set up the proposed power plant in Jharkhand with a view to exporting 1600MW of electricity to Bangladesh. The company is hopeful of installing the first unit of the plant within 44 months and the second unit within 50 months after signing a contract.
Category: Power
Summit Power International appoints three independent directors
November 20, 2017 Monday 12:18 PM By News Desk, energynewsbd.com
In line with plans to strengthen and expand its Board of Directors, Summit Power International (SPI) is pleased to announce the appointment of three new non-executive independent directors to strengthen the strategic leadership and corporate governance of SPI. The three independent directors joined Summit Power International (SPI) Board, a Singapore incorporated power producer,are Abdullah Tarmugi, Lim Hwee Hua, and Tang Kin Fei. With the addition of these new Directors, the Board of SPI has eight Directors, three of whom are independent, said a press release from Summit Group. Abdullah Tarmugi will chair the Nominating Committee and the Remuneration Committee. Lim Hwee Hua will chair the Audit Committee. Tang Kin Fei will chair the Strategy and Investment Committee. Abdullah Tarmugi is a member of the Presidential Council for Minority Rights, Previously, Abdullah was the Speaker of Parliament from various ministerial positions. Lim Hwee Hua is a Director of Tembusu Partners Pte. Ltd, Lim served as an elected Member of Parliament between 1996 and 2011. Tang Kin Fei is Director and Deputy Chairman of SIA Engineering Company. Previously, he was the Group President and Chief Executive Officer of Sembcorp Industries Ltd. Muhammed Aziz Khan, Founder Chairman of Summit Power International and Summit Group said: “On behalf of my fellow directors and management, I enthusiastically welcome Abdullah Tarmugi, Lim Hwee Hua, and Tang Kin Fei to the Board of Summit Power International. We are committed to maintaining high standards of corporate governance and believe that the appointment of these highly accomplished directors will bring great expertise and experience to the Board and its committees. We look forward to their strategic insights and intellectual guidance as we take Summit Power International to the next level of growth and aim to become the leading provider of energy solutions in emerging Asia.” Summit Power International is a member of the Summit Group, one of the largest infrastructure-focused conglomerates in Bangladesh, employing over 7,000 people across energy, ports, shipping, hospitality, and information technology.
Category: Power
Joint venture to produce 600MW of power in Matarbari
November 12, 2017 Sunday 12:41 PM By News Desk, energynewsbd.com
A joint venture between Japan`s Mitsui and Co and a state-run Bangladeshi company is going to set up a liquefied natural gas-based power plant at Matarbari in Maheshkhali upazila to produce 500-600 megawatt of power. Coal Power Generation Company Bangladesh Ltd signed a memorandum of understating with Mitsui and Co to this effect in Dhaka on November 8, 2017 according to a press release of the power, energy and mineral resources ministry. The companies will have 50-50 ownership in the joint venture that will complete the project by 2021. The government has taken initiatives to import a huge amount of LNG from next year. Both land-based and floating LNG terminals will be set up. The government has approved two floating LNG terminals, each of which will supply 500 million cubic feet of gas per day. In July, state-run Petrobangla and US-based Excelerate Energy signed the final deals to set up Bangladesh`s first LNG terminal in Maheshkhali, which will supply gas to the national grid from early 2018.
Category: Power
MoU inked for 3600 MW Payra power plant by 2021
November 5, 2017 Sunday 10:09 PM By Staff Correspondent, energynewsbd.com
Germany based Siemens AG on Sunday signed a Memorandum of Understanding (MoU) for setting up a 3600 megawatt (MW) combined cycle power plant based on Liquefied Natural Gas (LNG) by 2021 at Payra in Patuakhali district. The state-run North-West Power Generation Company Limited (NWPGCL) and Germany based Siemens AG signed the MoU to build the 3600-MW power plant having three units, each having electricity generation capacity of 1,200 MW, by December 2021. Managing Director of NWPGCL Engineer AM Khurshedul Alam and Chief Executive Officer of Siemens South Asia Sunil Mathur signed the MoU on behalf of their respective sides at Bidyut Bhaban in Dhaka. Prime Minister`s Energy Advisor Dr Towfiq-E-Elahi Chowdhury witnessed the signing ceremony as the chief guest, while State Minister for Power, Energy and Mineral Resources Nasrul Hamid and Ambassador of the Federal Republic of Germany Dr Thomas Prinz were present as the special guests. Dr Towfiq-E-Elahi Chowdhury said workshops and training programmes would help engineers to make them skilled for operating modern equipment in the power sector. He urged authorities concerned for arranging workshops and training programmes in future. Nasrul Hamid said this is the single largest investment from Germany, adding, "The estimated cost is $ 2.8 billion including debt of $ 2.4 billion and equity $ 400 million." He said the German government came forward with the largest investment showing their trust in Prime Minister Sheikh Hasina`s government. Ambassador of the Federal Republic of Germany to Bangladesh Dr Thomas Prinz said the German government stood beside Bangladesh on the Rohingya crisis, adding, "We are keen to be a reliable development partner of Bangladesh and Germany is the single largest buyer of RMG (readymade garment)." According to the project details, it will be implemented in three phases on 100 acres of land adjacent to Payra 1320-MW Thermal Power Plant site by establishing a joint venture company (JVC) as a project company. It is expected that the first unit of the plant with 1200-MW generation capacity will go into operation in June 2020, while the second with the same generation capacity in December 2020 and the third in December 2021. The project also stipulates that the efficiency of the machine will be more than 60 percent and the plant will be operated by imported LNG, while the power will be transmitted through 400 kV transmission line (Under Construction) from Payra Power Plant to Dhaka via Gopalganj. The companies will also construct the LNG terminal there for ensuring availability of necessary natural gas to generate electricity.
Category: Power
NESCO proposes 15.30% retail power price hike
October 4, 2017 Wednesday 9:16 PM By Staff Correspondent, energynewsbd.com
State-owned Northern Electricity Supply Company Ltd (NESCO) on Wednesday proposed hiking its electricity tariff by 15.30 percent considering the proposed increase in bulk tariff.   NESCO presented the proposal at the public hearing organised by Bangladeshi Energy Regulatory Commission or BERC at the TCB Auditorium in Dhaka. According to the company`s proposal, the existing average retail tariff is Tk 6.73 per unit while it wants it to be raised to Tk 7.76 per unit.  NESCO is a new state-owned company which was established in October last year in the districts under Rajshahi and Rangpur divisions taking over the power distribution activities from the Power Development Board. Placing the proposal at the public hearing arranged by the BERC, Md Zakiul Islam, Managing Director of the NESCO, said they need to raise the tariff to cover its loss because of enhanced staff salary and some development works. The BERC technical committee, which evaluated the tariff hike proposal, said the company may raise its tariff maximum by Tk 0.89 per unit.
Category: Power
Public hearing on bulk power tariff reduction Thursday
October 4, 2017 Wednesday 9:04 PM By News Desk, energynewsbd.com
Bangladesh Energy Regulatory Commission (BERC) will hold a public hearing on Thursday on a proposal placed by the Consumers Association of Bangladesh (CAB) to reduce the bulk power tariff. This is for the first time that the energy watchdog is entertaining such a proposal from the consumer rights group for public hearing. CAB has proposed reducing the bulk tariff price by Tk 1.32 per unit taking different measures and implementing the previous BERC order to ensure the purchase of least cost electricity by Bangladesh Power Development Board (BPDB). Earlier, the BERC started public hearings on September 25 by entertaining a proposal of state-owned PDB to raise the power tariff by 22.24 percent or Tk 1.09 per unit at the bulk level. Currently, the bulk tariff of per unit electricity is Tk 4.90. The PDB wants it to be refixed at Tk 5.99. A technical evaluation committee of the regulator, which thoroughly examined the BPDB proposal, found gross inconsistency in the BPDB`s accounting statements and recommended a rise by only 11.78 percent to Tk 5.41 per unit. The CAB and other consumers groups strongly opposed the PDB’s proposal and placed their counter proposal to reduce the tariff by Tk 1.32 per unit. Against this backdrop, BERC Chairman Monowar Islam accepted the proposal and issued an order to hold a public hearing on it. However, the energy regulator, headed by its chairman, will take the final decision on the tariff hike proposal within 90 days on conclusion of the current series of hearings. In the CAB proposal, submitted by its advisor Prof M Shamsul Alam, it was shown that the PDB could easily save about Tk 6661 crore by taking some measures.   
Category: Power
BPDB seeks 14.74% hike; regulator’s technical body recommends 11.78%
September 25, 2017 Monday 11:13 PM By Staff Correspondent, energynewsbd.com
The technical evaluation committee of the Bangladesh Energy Regulatory Commission (BERC) has recommended hiking of the bulk electricity price by Tk 0.54 (11.78 per cent) per unit instead of Tk 0.87 (14.78 per cent) proposed by the state-run Bangladesh Power Development Board (PDB). The committee made the recommendation after holding a discussion and hearing on the PDB proposal at BERC office in Dhaka on Monday. BPDB submitted the price hike proposal to BERC earlier on February 20. On the other hand, Consumer rights groups, business bodies and left leaning political parties strongly opposed the government entity’s power tariff hike proposal at the public hearing that began at the TCB Auditorium.  The technical evaluation committee of the regulator, which thoroughly examined the BPDB proposal, found gross inconsistency in the BPDB’s accounting statements and recommended a rise by only 11.78 percent to Tk 5.41per unit. However, the BERC, headed by its chairman, will take the final decision on the tariff hike proposal on conclusion of the current series of hearings. BERC chairman Monwar Islam presided over the public hearing session while other members of the regulatory body -- Rahman Murshed, Abdul Aziz Khan, Mizanur Rahman, and Masudul Haque Bhuiyan -- were present on the occasion. The BPDB urged the regulator to raise the power tariff both at the bulk and retail levels while the distribution companies called for enhancing tariff at the retail level only.  Opposing the BPDB’s proposal, CAB adviser Prof Shamsul Alam raised a volley of questions about the justification of the proposal saying it is mysterious that why BPDB does not supply gas to generate power at low cost. But that gas is diverted to private power plants and BPDB is forced to buy power at much higher rates. He said liquid fuel is supplied to BPDB at much higher rates which the private plants are getting at much lower rates. Shamsul Alam said if such discriminations, distortions and irregularities are removed, the BPDB will not need to raise power tariff at the bulk level. “If the bulk level price is up, the retail level will go up.” The BERC will hold a public hearing on retail tariff proposal of BPDB on Tuesday.
Category: Power
Public hearing on power price change starts Sept 25
September 24, 2017 Sunday 11:20 AM By News Desk, energynewsbd.com
Bangladesh Energy Regulatory Commission (BERC) will hold public hearings for seven days in two phases from September 25 on price change for bulk and retail electricity. The public hearings would be held from September 25 to 28 and from October 2 to 4, on proposals submitted by six state-owned electricity production and distribution companies, to fix new bulk and retail power tariffs, said BERC Secretary Md Mahbubur Rahman. All companies and agencies from the power sector have already submitted their proposals to BERC on electricity price change at the retail level and the BERC has formally accepted the proposals. The hearing on bulk power tariff proposals of the Power Development Board (PDB) will be held on September 25, retail proposals of the PDB on September 26, Rural Electrification Board (REB) on September 27, Dhaka Power Distribution Company (DPDC) on September 28, Dhaka Electric Supply Company (Desco) on October 2, West Zone Power Company on October 3 and North-West Zone Power Distribution Company on October 4. On February 20, the state-owned PDB sent a proposal to BERC to increase the power tariff at bulk level by Tk0.72 per unit.
Category: Power
Wärtsilä to supply 220 MW power plant to Bangladesh`s Orion Group
September 21, 2017 Thursday 10:57 AM By News Desk, energynewsbd.com
The technology group Wärtsilä has been contracted to supply two more power plants to Bangladesh. Orion Group, one of the country’s leading industrial conglomerates, is developing two 110 MW power plants, each of which will operate on six Wärtsilä 50 engines running on heavy fuel oil (HFO). The Wärtsilä order was booked in July, 2017, said a press release from Wärtsilä. The contract for these base load plants follows a string of power plant orders that Wärtsilä has received from Bangladeshi companies. The country continues to invest in developing its energy infrastructure in order to meet the electric needs for industrial developments, and to overcome a general power shortage. The two equipment supply contracts are for the Orion Power Rupsha and the Orion Power Sonargaon projects. The Rupsha plant, located in Lodonchora, is being developed on a fast-track schedule and is due to become fully operational in May 2018. The six Wärtsilä 50 engines will be delivered in December of this year. The Sonargaon plant is scheduled to be in operation by August, 2018 with the Wärtsilä delivery scheduled for January of that year. The electricity generated by these plants will be fed to the national grid. “We have previously installed Wärtsilä engines in three other power plant projects and we have had very good experience with them. Both the equipment and the support we receive from the company are reliable and efficient, and we are very pleased to have them as a partner in these two important projects,” commented Salman Karim, Managing Director of Orion Power. Wärtsilä’s ability to deliver in accordance with the tight scheduling needs of these contracts was cited as being an important factor in the award of these contracts. Furthermore, the low heat rate of the Wärtsilä 50 engine fulfills the customer’s expectations. These latest deliveries will bring Wärtsilä’s total installed base in Bangladesh to more than 3700 MW.
Category: Power
EPC deal signed to build 150 MW power plant in Ashuganj
September 21, 2017 Thursday 10:32 AM By UNB
Midland East Power Ltd, a local private company, on September 17 signed an EPC (engineering, procurement construction) contract with a Chinese-Bangladeshi consortium for construction of a 150 MW furnace oil-based power plant in Ashuganj in the country. The consortium of CRRC Siynang Co,. Ltd of China and local Green Power Ltd undertook the job to work as EPC contractor. The Midland won the project from the government on unsolicited basis to set up the power plant and sale electricity as independent power producer (IPP). State Minister for Foreign Affairs Shariar Alam, who was present at the signing ceremony at a local hotel, welcomed the deal and called both the sponsor and EPC contractor to make efforts for timely the implementation of the project so that the government can take power as per its schedule. As per schedule, the sponsor will have to set up the project within 9 months from the date of contract to be signed with government. The State Minister urged to remain cautious about the condition of the project to avert punishment saying that if the sponsor fails to implement the project as per schedule, it will have to face penalty. Managing director of Midland Power Rezaul Hayat, Green Power managing director Sheikh Ehsanul Habib and officials of the CRRC also spoke on the occasion. Officials said Eastern Bank and IDCOL have been financing the project.
Category: Power
United Group wins 200 MW power plant in Mymensingh
September 21, 2017 Thursday 10:27 AM By UNB
Local conglomerate United Group have won the contract to build another 200MW furnace oil-fired power plant in Mymensingh. United were awarded a BOO, or build-operate-own contract for the project, which means after a specified period during which United will first set it up, as well as manage production of the electricity at the plant, all of which would be sold to the government. Cabinet purchase committee on Wednesday approved a proposal of the Power Development Board (PDB) to purchase electricity from independent power producer (IPP) project at a tariff of 10.7 cents per kilowatt hour (Tk 8.5 per unit) for next 15 years. The plant will run at 80 percent plant factor with 12 percent discount factor. To purchase all the electricity produced at the plant over the next 15 years, the government will pay Tk 17,640 crore. However, in a condition attached to the contract, United will have to set up the plant within 9 months of signing of the contract – that is expected to take place in the near future. Earlier, United Group won and implemented a number of IPP projects. The cabinet body, with AMA Muhith in the chair, also approved another proposal of Power Ministry to award a contract to supply 23,211 distribution transformers. Local firm Confidence Electric Ltd won the contract at a cost of Tk 170 crore.
Category: Power
Mostafa Kamal made new advisor of Summit Power Limited
September 16, 2017 Saturday 12:33 PM By News Desk, energynewsbd.com
Summit Power Limited, the largest independent power producer in Bangladesh, has recently appointed Md. Mostafa Kamal as its new advisor. On his appointment he said, “I am pleased to be a part of Summit Power that employs numerous Bangladeshi engineers by creating high skilled jobs and has great track record in technology transfer.” Prior to joining Summit, he held important positions such as Managing Director of Electricity Generation Company of Bangladesh (EGCBL), Director IPP Cell, Chief Engineer (Generation), Member (Distribution and Generation) in Bangladesh Power Development Board (BPDB) and also Director General, Power Cell under Power Division, Ministry of Power, Energy and Mineral Resources. He is a B.Sc. Engineer (Mechanical) from BUET.    
Category: Power
Bhola power plant to use GE technical support
September 16, 2017 Saturday 12:14 PM By News Desk, energynewsbd.com
General Electric (GE) has recently announced that it has been selected by the Shapoorji Pallonji Group (SP Group) to supply the power generation equipment for the upcoming 220-megawatt (MW) combined cycle power plant in the Bhola district of Bangladesh, the company said in a press statement. This will be GE’s second power plant in Bhola of the same capacity with the first being commissioned in 2015. The announcement continues GE’s regional leadership in delivering innovative technologies and state-of-the-art equipment to its power generation customers in South Asia, strengthening GE’s installed base in India, Bangladesh and Sri Lanka. “The Bhola power project will be an important milestone for the Shapoorji Pallonji Group in Bangladesh, contributing towards increasing the country’s power generation capacity. GE’s technological prowess and on-the-ground local market expertise proved to be a huge advantage for our teams right through the process of configuration selection, to submission of cutting edge performance parameters and detailed proposal to the Bangladesh Power Development Board (BPDB).
Category: Power
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