Current Status: Shelved
The Banshkhali Coal Power Plant was proposed by Beximco Power Company Limited (BPCL) in March 2012 for generating 1320 MW electricity. Later the plan had been changed to establish a 600 MW power plant with a derated capacity of 540 MW. The power plant seems to be Shelved as it is not mentioned in the Revisiting Power Sector Master Plan (PSMP 2018) [1]. It is likely to be cancelled now as the State Minister for the Ministry of Power, Energy and Mineral Resources (MOEFCC) sated that ministry had finalized an energy plan that cancelled all coal plants except five which are under construction or in operation now [2].
Basic Information
- Name of the Power Plant: Banshkhali Coal-fired Power Station (Beximco)
- Alternative Names: Chittagong (Beximco) Coal Power Plant, Beximco Banshkhali Coal Power Plant, Banshkhali Beximco Coal Power Station
- Current Status: Shelved
- Type of Entity: IPP (Independent Power Producer)
- Ownership: Private
- Basis of Ownership: BOO (Build, Own and Operate)
- ESS Category: A
- ECR Category: Red
- Number of Units: 1
- Installed Capacity: 600 MW
- Derated Capacity: 540 MW [3]
- Current Capacity: Not Applicable
- Base Tariff (BDT/kWh): Undisclosed
- Base Tariff (USD/kWh): Undisclosed
Location
- Address: Village: Saral, Sub-district: Banshkhali, District: Chittagong, Division: Chittagong
- Geographic Position: On the bank of Sandwip Channel of the Bay of Bengal, 11.5 km (9.6 km areal) west from Banskhali Eco Park, 57 km (34.6 km areal) south from Chittagong Seaport, 95 km (65 km areal) north from Cox’s Bazar, 430 km southeast from Dhaka city.
- Coordinates: 22.0061, 91.8809
Land & Communities
- Land Size: Undisclosed
- Land Owner: Undisclosed
- Affected Communities: Undisclosed
- Directly Affected: Undisclosed
- Indirectly Affected: Undisclosed
Fuel & Technology
- Primary Fuel: Coal
- Support Fuel: Heavy Fuel Oil (HFO)
- Fuel Source-1: Indonesia [4]
- Fuel Source-2: South Africa [4]
- Fuel Source-3: Mozambique [4]
- Fuel Requirement (Annual): Undisclosed
- Fuel Requirement (Lifetime): Undisclosed
- Technology: Supercritical (SC)
Projected Emission
- Carbon (C, Annual): Undisclosed
- Carbon (C, Lifetime): Undisclosed
- Mercury (Hg, Annual): Undisclosed
- Mercury (Hg, Lifetime): Undisclosed
- Sulphur (NOx, Annual): Undisclosed
- Sulphur (NOx, Lifetime): Undisclosed
- Solid Particles (PM 2.5, Annual): Undisclosed
- Solid Particles (PM 2.5, Lifetime): Undisclosed
Executing Agencies
- Operator: Undisclosed
- Sponsor: BPCL (Beximco Power Company Limited): 25% [3]
- Parent: Beximco (Beximco Group)
- Sponsor: PowerChina (Power Construction Corporation of China): 50% [5]
- Sponsor: PCR (Power China Resources): 25% [4]
- Parent: PowerChina (Power Construction Corporation of China)
- Energy Buyer: BPDB (Bangladesh Power Development Board)
Financing
- Total Budget: USD 1437.65 Million [4]
- Sponsors' Investment: USD 432.65 Million (30.09%)
- Beximco Power Company Limited (BPCL): USD 108.16 Million
- PowerChina (Power Construction Corporation of China): USD 216.33 Million
- PCR (Power China Resources): USD 108.16 Million
- Domestic Loan: Undisclosed
- Overseas Loan:
- ICBC (Industrial and Commercial Bank of China): Undisclosed [4]
- BOC (Bank of China): Undisclosed [4]
- GOB Investment: Undisclosed
Contractors
- EPC Contractor: Undisclosed
- Building Construction: Undisclosed
- Civil Engineering: Undisclosed
- Conveyor Belt: Undisclosed
- Evacuation/Transmission: Undisclosed
- Fuel Transport: Undisclosed
- Jetty Construction: Undisclosed
- River Dredging: Undisclosed
- O&M Contractor: Undisclosed
Suppliers
- Alternator Supplier: Undisclosed
- Boiler Supplier: Undisclosed
- Engine Supplier: Undisclosed
- Equipment Supplier: Undisclosed
- Fuel Supplier: Undisclosed
- Gas Turbine Supplier: Undisclosed
- Generator Suppler: Undisclosed
- Hydro Turbine Supplier: Not Applicable
- Labour Supplier: Undisclosed
- Module Supplier: Not Applicable
- Steam Turbine Supplier: Not Applicable
Consultants
- EIA Consultant: Undisclosed
- EIA Subcontractor: Undisclosed
- Engineering Consultant: Undisclosed
- Feasibility Study: Undisclosed
- Financial Advisor: Undisclosed
- Insurer: Undisclosed
- Owner's Engineer: Undisclosed
- Resettlement Consultant: Undisclosed
Timeline
- Announcement: March 2012
- MOU Signed with BPDB: Undisclosed
- MOU Signed with Sponsors: 1 June 2016 [6]
- Letter of Intent (LOI): Undisclosed
- Agreement with Sponsors: 14 October 2016 [4]
- Land Lease/Acquisition: Undisclosed
- PPA Signed: Not Applicable
- COD (Expected): December 2018
- COD (Actual): Not Applicable
- Lifetime: 25 Years
- Phase Out: Not Applicable
References
- MOPEMR (2018). Revisiting PSMP 2016. Ministry of Power, Energy and Mineral Resources (MOPEMR), Dhaka: November 2018. Retrieved from https://powerdivision.portal.gov.bd/sites/default/files/files/powerdivision.portal.gov.bd/page/4f81bf4d_1180_4c53_b27c_8fa0eb11e2c1/Revisiting%20PSMP2016%20%28full%20report%29_signed.pdf accessed on 13 August 2019
- Roy, Pinaki (2020). "Future not coal power". The Daily Star, Dhaka: Retrieved from https://www.thedailystar.net/frontpage/news/future-not-coal-power-1997305 accessed on 20 November 2020
- BEXIMCO (2020). "Beximco Power Company Limited". BEXIMCO Power, Dhaka: Undated. Retrieved from http://www.beximcopower.com/ accessed on 11 November 2020
- Mirdha, Refayet Ullah (2016). "Beximco, Meghna tie up with Chinese investors for power". The Daily Star, Dhaka: 18 October 2016. Retrieved from https://www.thedailystar.net/business/beximco-meghna-tie-chinese-investors-power-1300171 accessed on 3 January 2017
- Market Research (2017). "Beximco/CEPCG – Banshkhali Coal-Fired Power Plant 660 MW – Bangladesh Project Profile". Marketresearch.com, Rockville: June 2017. Retrieved from https://www.marketresearch.com/Timetric-v3917/Beximco-CEPCG-Banshkhali-Coal-Fired-11030433/ accessed on 11 September 2017
- Daily Independent (2016). "Beximco starts an energy venture". The Daily Independent, Dhaka: 2 June 2016. Retrieved from http://m.theindependentbd.com/printversion/details/45899 accessed on 3 January 2017