The Bangladesh has plans to set up four solar power plants to generate 420 megawatts (MW) of electricity for 20 years. As per reports, the cabinet committee on public purchase has approved proposals of Bangladesh Power Development Board in this regard.
The official note said that as per the proposals, a 240 MW plant will be set up in Trishal of Mymensingh through a joint venture of Energon Renewables (BD) Ltd, one of Orion Group’s concerns, and PWR Energy Trading LLC. The estimated cost of the plant is ~ Tk 8,553.60 crore while the unit price will be Tk 10.995 per kilowatt hour (kWh). “Another 30 MW solar power plant will be established in Chakaria of Cox’s Bazar by a consortium of DH Euro Hitech Co. Ltd of South Korea and NewTech Solar Energy BD Ltd of Bangladesh at an estimated Tk 1,072.80 crore. Its unit price will be Tk 11.03 per kWh,” said the note.
In addition, a 50 MW solar power plant will be set up in Cox’s Bazar sadar upazila by Joules Power Ltd at an approximate cost of Tk 1,771.20 crore and unit price of Tk 10.94 per kWh, said the statement.
Apart from that, the consortium of Asian Entech Power Corporation Ltd and Axia Power Holdings B.V. Company will set up a 100 MW solar power plant in Mongla of Bagerhat. The investment will cost approximately Tk 3,564 crore and the unit price will be Tk 10.99 per kWh.
