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Deal with Japan Co for 360 MW Plant PDF Print E-mail
Thursday, 10 February 2011

The government has signed an agreement with a Japanese company for setting up a 360 MW power plant and two electric substations.

The agreement was signed with Marubeni Corporation at Bidyut Bhaban in the city on Wednesday.

Secretary of state-run Electricity Generation Company of Bangladesh (EGCB) Ltd Kazi Nazrul Islam signed the agreement on behalf of the government and Marubeni Corporation general manager Hidekatsu Mizushima on his company's behalf.

EGCB chairman M A Muttalib told the agreement signing ceremony that the gas-based combined-cycle power plant and substations would be set up at Haripur in Sylhet at a cost of US$ 376 million, funded by Japan International Cooperation Agency (JICA).

The construction work of the power plant will start in one month and it is expected to end by August 2013, he said.

Replying to a query after the agreement signing, Taufiq-e-Elahi Chowdhury, energy adviser to the prime minister, said country's electricity crisis will be mostly solved if few power plants of this kind can be set up.

He said the government is planning to set up a large power plant to increase generation.

State minister for power Mohammad Enamul Haque, power secretary Mohammad Abul Kalam Azad, Power Development Board (PDB) chairman A S M Alamgir Kabir and EGCB acting managing director Kanti Ram Roy, among others, also spoke at the signing ceremony.

The daily average power generation of the country is about 4000 MW against a demand for 5500 MW. The highest production on Wednesday was 3883 MW.


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