As part of its ongoing efforts to increase power production, the government on Sunday signed a joint venture agreement with China for installing a 1,320 MW coal-fired power plant at Moheshkhali in Cox`s Bazar.
“Bangladesh Power Development Board (BPDB) and China Huadian Hongkong Company Ltd (CHDHK) signed the agreement to form a new joint venture company within 30 days,” State Minister for Power, Energy and Mineral Resources Nasrul Hamid said while witnessing the contract signing as the chief guest at a function at Mukti Hall of Bidyut Bhaban in Dhaka.
He said the new joint venture company would construct a 1,320 MW ultra super critical coal-fired power plant at Moheshkhali in Cox`s Bazar in 48 to 54 months.
Moheshkhali would be a power hub, as the government has been constructing Matarbari power plant along with other electricity establishments, Nasrul added.
He said the government is going for long-term projects for power sector. “We are going for big power plant projects, which would create huge employment facilities in the country,” he added.
“We need efficient personalities for operation and maintenance of the modern technology based machineries. For this, training programmes are needed for making our people skilled,” the state minister said.
Secretary of BPDB Mina Masud Uzzaman and vice president of CHDHK Wang Zhihao signed the agreement on behalf of their respective sides.
Among others, Power Division Secretary Dr Ahmed Kaikaus, BPDB Chairman Engineer Khaled Mahmood, Chinese Ambassador to Bangladesh Zhang Zuo, CHDHK President Fong Zheng spoke on the occasion.