A consortium of Chinese companies will begin to build a clean coal power plant in Bangladesh, which will include two supercritical units.
The plant will be located at Payra in Patuakhali district – 204km south of the capital, Dhaka.
In March 2016, an engineering, procurement and construction (EPC) contract was signed between Bangladesh and two Chinese firms, China Energy Engineering Group Northeast No. 1 Electric Power Construction Co., Ltd. (NPEC), for the clean coal plant that will cost $1.56 billion.
Bangladeshi State Minister for Power, Energy and Mineral Resources Nasrul Hamid visited the construction site towards the end of 2017 where he expressed his satisfaction of the project.
He said: “We’re building this power plant with Prime Minister Sheikh Hasina government’s own finance, Chinese government’s finance and Chinese Exim Bank financing. We are satisfied with the progress of the project so far achieved.”
The plant is part of the Prime Minister Sheikh Hasina government’s plan to build a series of coal power projects that will generate 40,000 megawatts of electricity by 2030.