The government is likely to allow a joint venture 50MW solar-based power plant at Barayerhat in Chattogram under a 20-year contract.
The Consortium of IB GmbH Vogat of Germany and AG Agro Industries Ltd will supply the electricity at Tk 8.75 per kilowatt hour ($0.1094).
The government has invited tender to implement the power plant near 132/33 kilowatt voltage sub-station at Barayerhat on August, 2018. The GmbH Consortium of IB Vogat and the AG Agro Industries Ltd submitted the bid document to implement the power plant.
The Consortium of IB GmbH Vogat has been elected as the only responsive bidder to implement the plant under build, own and operate (BOO) basis.
According to the official sources, the Consortium of IB GmbH Vogat has already awarded to implement another solar based power plant at Dhamrai in Dhaka last month.
The tariff of the Dhemrai power plant was at Tk 8.60 per kilowatt whereas the newly proposed power plant tariff is Tk 8.75 in Chattogram.
The power division has already allowed eight solar-based power plants having a capacity to generate 268.77MW of electricity since 2016 at a tariff between Tk 12.80 and Tk 8.80 per kilowatt hour.
But, most of the power plant failed to generate electricity timely, sources said. The proposed power plant will supply the electricity under ‘no electricity no payment’ basis. According to the power division, the government has a plan to generate 24000MW of electricity by 2021. Of the electricity, at least 2000MW of electricity will come by 2020 from renewable energy.