Payra (NWPGCL-Siemens) LNG Power Plant

Basic Information 

  1. Name of the Power Plant: Payra 3600 MW LNG-to-Power Project  
  2. Location:  
  3. Geographic Position: 
  4. Capacity: 3600 Megawatt 
  5. Fuel: Liquefied Natural Gas (LNG), Imported 
  6. Technology: 
  7. PPA Lifetime: Undisclosed  
  8. Land Acquisition: Undisclosed 
  9. ESF Category: A (according to ADB and World Bank Safeguard Policies) 
  10. Industrial Category: Red (according to Bangladesh Environmental Protection Rule 1997) 

Executing Agencies 

  1. Implementer: North-West Power Generation Company Limited (NWPGCL) and Siemens AG (Germany)  
  2. Sponsor: Bangladesh Power Development Board (BPDB) 
  3. Ownership: NWPGCL (50%), Siemens (20%), BP Singapore (15%), CMC China (15%) 
  4. Power Purchaser: Bangladesh Power Development Board (BPDB) 
  5. Financier: Undisclosed 
  6. Technology Supplier: Siemens AG, Germany  
  7. LNG Supplier: British Petroleum (BP) Singapore Private Limited 
  8. Insurance Company: Undisclosed 
  9. EPC Contractor: Siemens AG, Germany 
  10. O&M Contractor: 
  11. ESIA Consultant: EQMS Consulting Ltd. Bangladesh (With ERM Germany and EQMS Consulting Canada) 
  12. LNG Supply Consultant: Worley Parsons Private Limited, Singapore 

Finance Information 

  1. Total Budget: USD 2.80 billion
  2. Loan: USD 2.40 billion
  3. NWPGCL: USD 200 million
  4. Siemens AG: USD 200 million 

Important Dates 

  1. 4 Nov 2017: MOU Signed between NWPGCL and Siemens AG 
  2. 08 Sep 2018: Joint Venture Agreement Signed 
  3. 15 Feb 2019: Agreement signed between NWPGCL and Siemens AG 

Media Clippings

  1. 13 May 2019: Govt bets big boosting power generation: Daily Industry 
  2. 17 Feb 2019: Deal signed with Siemens for 3,600MW power plant at Payra: Daily Observer 
  3. 16 Feb 2019: Deal with Siemens for 3,600MW power plant: Bdnews24.com 
  4. 16 Feb 2019: Document signed with Seimens to construct LNG power plant at Payra: Daily Independent 
  5. 16 Feb 2019: Deal signed for 3600 MW LNG power plant: Daily Prothom Alo 
  6. 20 Jan 2019: Govt to use alternative route to supply fuel to Payra plant: Daily Sun 
  7. 08 Sep 2018: Deal signed to build 3600 MW LNG based power plant: Energy Bangla
  8. 05 Nov 2017: MoU signed to build Bangladesh’s largest LNG-based power plant: Dhaka Tribune 
  9. 05 Nov 2017: MoU inked for 3600 MW Payra power plant by 2021: energynewsbd.com 
  10. 4 Nov 2017: Bangladesh to build 3600MW LNG-run power plant at Payra: bdnews24.com 
  11. 4 Nov 2017: 3,600-MW LNG based power plant to be built at Payra: Dhaka Tribune 
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