2 July 2017 | Daily Newage
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As part of government’s plan to bring all people under electricity network, Bangladesh and China would install a 1,320 MW coal fired power plant in joint venture at Payra.
‘The government is very much optimistic to bring the entire country under cent per cent power coverage by 2021 and we have undertaken various projects to ensure energy security in the country,’ state minister for power, energy and mineral resources Nasrul Hamid said here on Saturday.
He said the state-owned Rural Power Company Limited and Chinese state-owned Norinco International Ltd would install the power plant in the vicinity of Payra Seaport.
According to the project profile, this would be a two-unit ultra super critical cola fired power plant costing $ 2 billion with 50:50 share equity.
The first unit having generation capacity of 660 MW would come into operation in 2022, while the second unit would go for generation in 2023, the project details said.
Talking to the news agency, managing director of RPCL Md Abdus Sabur said the authorities concerned have already received vetting and clearance for finalising the joint venture company.
‘We expect that the joint venture company would be registered by September this year after getting approval of the cabinet,’ he said.
Abdus Sabur said the RPCL has sent the proposal to the power ministry for approval of the cabinet. The state minister said the government has undertaken various multipurpose projects for generating electricity to bring all citizens under power coverage by 2021 through coordinated programmes in the power and energy sector.
‘The present government is pledged-bound to supply electricity uninterrupted to all citizens within 2021 by way of materialising the Vision-2021 with over 80 per cent people already enjoying power facility now,’ he said.
Nasrul said the government has a target to achieve 24,000 MW electricity generation capacity by 2021 aimed at improving living and livelihood condition of the poor and other vulnerable communities.
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