Reliance Meghnaghat Power Plant

Basic Information 

1. Name of the Power Plant: Reliance Meghnaghat Combined Cycle Power Plant 
2. Location: Meghnaghat, Narayanganj
3. Capacity: 718-750 MW
4. Category: Combined Cycle Power Plant (CCPP) 
5. Fuel: Natural Gas and Re-gasified Liquid Natural Gas (RLNG)  
6. Land Acquisition: 36.5 Acres (35 Acres for Power Plant and 1.5 Acres Jetty) 
7. PPA Period: 22 Years
8. ES Risk Category: A (ADB Safeguard Policy Statement (SPS)
9. Industrial Category: Red (according to the Environmental Protection Act of Bangladesh)

Executing Agencies 

1. Executing Company(s): Reliance Bangladesh LNG & Power Limited (RBLP, a subsidiary of Reliance Power Limited)
2. Sponsor Company(s): Reliance Power (a subsidiary of Reliance Group) and JERA (50-50 joint venture between Tokyo Electric Power Company and Chubu Electric Power)
   
3. Guarantor: Power Division, Ministry of Power, Energy and Mineral Resources (MOPEMR), Bangladesh
   
4. Fuel Supplier: Gas Transmission Company Limited (GTCL), a subsidariy of Petrobangla (Bangladesh Petroleum Corporation)
5. Financing Company(s): Asian Development Bank (ADB), Industrial Development Bank (IDB), Japan Bank for International Cooperation (JBIC) 
6. EPC Contractor(s): Samsung C&T Corporation, South Korea
7. Technology Supplier: General Electric, USA
   
8. Insurance Company(s): 
9. ESIA Consultant(s): Voyants Solutions Private Limited, Gurgaon, India (on behalf of Adroit Environnent Consultants Ltd.)

Financial Information 

1. Total Budget: USD 1,265 Million
2. ADB Investment: USD 330.00 Million 
3. JBIC Investment: $270.00 Million 
4. JERA Investment: $ 645.00 Million 
5. IDB Investment: Undisclosed

Important Dates

1. Establishment of RBLP:
2. MOU Signed with BPDB: 8 June 2015
3. Letter of Intent from BPDB: 
4. IEE Report Submitted to DOE: 
5. ESIA Report Approved by DOE: 
6. ESIA Final Report Released: 
7. Land Acquisition (1st Phase): 
8. ADB Board Approval: 
9. ADB Loan Agreement: 
10. Gas Supply Agreement (GSA): 1 September 2019
11. Land Leasing Agreement (LLA): 1 September 2019
12. Power Purchasing Agreement (PPA): 1 September 2019
13. EPC Agreement (Samsung E&T): 2 October 2019

Project Related Documents

1. Project Summary Information (ADB)
2. Initial Poverty and Social Assessment (IPSA) Report
3. Report and Recommendation of the President (RRP)
4. ESIA Report (Draft) Part-1
5. ESIA Report (Draft) Part-2
6. ESIA Report (Final) Part-1
7. ESIA Report (Final) Part-2
8. ESIA Report (Final) Part-3
9. Reliance Power: Meghnaghat Power Plant
10. Project Information on NS Energy (undated)
    

Monitoring Reports

1. 
   

Media Clippings

1. 15 Jul 2020: Bangladesh LNG power plant backed by $645m in Japanese lending: Public and private financing to support project part-owned by JERA: Nikkei Asian Review
   
2. 02 Oct 2019: Reliance Awards Samsung C&T Bangladesh’s Meghnaghat Power Plant Project: bdnews24.com
3. 03 Sep 2019: Reliance Power inks pact with Japan's JERA to set up 750 MW power project in Bangladesh: Economic Times, India
   
4. 01 Sep 2019: Reliance signs Deals to Set Up 718 MW Power Plant: Energy Bangla