Deal signed to build 3600 MW LNG based power plant at Payra

08 September 2018 | Energybangla.com 
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North-West Power Generation Company Limited (NWPGCL) and German based Siemens AG today signed a joint development agreement (JDA) for building 3600 MW LNG-based power plant at Payra in Patuakhali district. 

Secretary of NWPGCL Dipak Kumar Dhali and President, Gas and Power, Siemens Richard Clayton Reising signed the agreement on behalf of the respective institutions at hotel Westin in the city. 

“The project will add 1200 megawatt electricity to the national grid by 2021 and rest of 2400 megawatt electricity will be added in the next year,” NWPGCL Chief Executive Officer AM Khurshedul Alam told the signing ceremony. 

Power Division Secretary Dr Ahmad Kaikaus, Bangladesh Power Development Board (BPDB) Chairman Engineer Khaled Mahmood and German Deputy Head of Mission Michael Schultheiss attended the function. 

The project is the largest in the country in terms of capacity and first ever LNG-To-Power Project in Bangladesh. 

Document signed with Seimens to construct LNG power plant at Payra



16 February 2019 | Daily Independent 
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The Power Division of Bangladesh and Seimens of Germany on Friday initialed a joint development agreement for the construction of a 3600MW LNG power plant at Payra in Bangladesh. 

The document was signed following a meeting of the Siemens CEO Joe Kaeser with Prime Minister Sheikh Hasina at Hotel Sheraton where Hasina is staying. 

CEO of North West Power Generation Company of Bangladesh Khorshed Alam and Chief Executive Officer and Global President of Siemens Joe Kaeser signed the document. 

Briefing reporters after the meeting, Foreign Sectary Md Shahidul Haque said the power plant is the initial part of the Seimens plan to come to Bangladesh in a big way to invest in health, education mobility and other sectors. 

Foreign Minister Dr AK Abdul Momen, Principal Secretary Md Nazibur Rahman, Foreign Secretary Md Shahidul Haque, PM's press secretary Ihsanul Karim, Power Division Secretary Dr Ahmad Kaikaus and Bangladesh Ambassador to Germany Imtiaz Ahmed were present. 

Veridos to hand over first batch of e-passport in June, its CEO tells PM 

Later, CEO of German company Veridos Hans Wolfgang Kunz met Prime Minister Sheikh Hasina at the hotel. 

Wolfgang informed the Prime Minister about the progress of manufacturing technologically-advanced e-passport for Bangladesh saying the company would be able to hand over the first batch of e-passport to Bangladesh authorities by June next. 

The Veridos CEO said such e-passport is very much advanced in technological point of view and will be used only in two countries of the world -- Germany and Bangladesh. The passport is almost impossible to be forged. 

Wolfgang Kunz expressed interest in data processing and other sectors, the Foreign Secretary said adding that the company has a plan to invest in a greater way in Bangladesh. 

The Prime Minister welcomed the Veridos decision to invest in Bangladesh and technology transfer for setting up of a plant for the production of e-passport in Bangladesh. 

She hoped that Bangladeshis will be able to operate the e-passport production plant by taking necessary training and produce e-passport for other countries. 

1,320 MW Bangladesh-China power plant on cards

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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3,600-MW LNG based power plant to be built at Payra

4 November 2017 | Daily Dhaka Tribune 
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The government has undertaken another milestone project to set up a 3,600 megawatt (MW) power plant based on Liquefied Natural Gas (LNG) at Payra in Patuakhali. 

North-West Power Generation Company Limited (NWPGCL) and Germany based Siemens AG are scheduled to sign a Memorandum of Understanding (MoU) on Sunday in Dhaka in this regard. 

Prime Minister's Energy Adviser Towfiq-E-Elahi Chowdhury, State Minister for Power, Energy and Mineral Resources Nasrul Hamid, Chief Coordinator (SDG) of the Prime Minister's Office Md Abul Kalam Azad and Ambassador of the Federal Republic of Germany Thomas Prinz will attend the MoU signing ceremony at Bidyut Bhaban in the capital. 

"The NWPGCL and the Siemens AG will jointly finance the project," Director for Public Relation Department of Bangladesh Power Development Board (BPDB) Chowdhury Saiful Hasan told BSS. 

According to the project details, the two companies will build the 3,600-MW power plant having three units with electricity generation capacity of 1,200-MW each. 

The companies will also construct the LNG terminal there for ensuring availability of necessary natural gas to generate electricity. 

Bangladesh to build 3600MW LNG-run power plant at Payra

4 November 2017 | Rashedul Hasan | bdnews24.com 
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Bangladesh is going to build a 3,600-megawatt power plant at Payra in Patuakhali, the largest in the country and first to be run by imported liquefied natural gas or LNG. 

Sate-owned North-West Power Generation Company Limited and Germany-based Siemens will sign a deal to set up the plant on Sunday, State Minister for Power, Energy and Mineral Resources Nasrul Hamid told bdnews24.com on Saturday. 

"We hope the project will be implemented very fast," he said and added the work was expected to start by June 2018. 

The estimated cost of the project is $2.5 billion, 80 percent of which is expected to come as the loan, he also said. 

He said Siemens would also construct another 3500MW power plant at Maheshkhali in Cox's Bazar. 

The Power Development Board or PDB would sign a memorandum of understanding (MoU) with the firm for the Maheshkhali plant soon, he said. 

At Payra, North-West Power Generation is already constructing a 1320MW coal-fired power plant with China's help, and 26 percent work of the project is complete. 

For the new LNG-run plant, the government has allotted a 100-acre piece of land next to the coal-based plant, according to the company's Managing Director AM Khorshedul Alam. 

He said the new plant would comprise six units with 600MW capacity each. 

The North-West managing director said two units would become operational by June 2020, two more in December the same year and the remaining two in the following year. 

Khorshedul said an LNG terminal would also be set up at Payra to supply the imported gas to the plant. 

The Awami League-led coalition government has initiated large infrastructure projects at Payra, including a port and economic zone for the development of the country's southern districts, with an aim to make Bangladesh a middle-income country by 2021 and developed one by 2041. 

The country's capacity to generate electricity is 15,821MW in total. The government has targeted to raise the amount to 24,000MW by 2021 and 40,000MW by 2030. 

Since 2009, a total of 87 power plants with a combined capacity to generate 9,254MW have been set up. 

Now the government is eyeing larger power plants. The work to build a nuclear power plant at Rooppur in Pabna is under way. 

Besides this, some more coal-run power plants at Maheshkhali, in Bagerhat and some other gas-run power plants are being set up. 

Summit makes winning offer for Meghnaghat-II

3 November 2010 | The Daily Star 
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Local leading power company Summit along with its American partner General Electric yesterday gave a winning power tariff offer for the Meghnaghat phase two 450 megawatt dual fuel combined cycle power project. 
At the same time, Malaysian-Bangladeshi joint venture Ranhil-STS gave a winning offer for the Bhola 225 MW gas-fired combined cycle power plant. 
Combined cycle plants use heat generated by simple cycle gas or oil generator unit to produce extra power and ensure less fuel consumption and lower cost for power generation. 
Summit-GE had earlier won the first phase Bibiyana 450 MW gas-fired power project by offering US 3.32 cents per kilowatt-hour over a period of 22 years. 
This is the first time a local power company has been awarded with two such major power projects that might need around $650 million investment. 
But the Meghnaghat phase two project is a dual fuel-fired project and the bidders were asked to offer both gas-based and furnace oil-based tariff. Summit offered US 3.98 cents or Tk 2.76 per kilowatt-hour for gas-based power generation and 9.11 cents or Tk 6.73 per unit for furnace oil-based power. Its average tariff stood at 6.86 cents or Tk 4.74 per unit. 
Its lone competitor Malaysian Powertek offered 4.6 cents for gas and 11.31 cents for oil-based per kilowatt power generation. Powertek's average offer stands at 7.97 cents. 
In the Bhola project, Ranhil offered 3.43 cents or Tk 2.38 per kilowatt-hour, while its lone competitor Summit offered around 4 cents. 
A top official of Power Development Board says the price offers in both these bids will now be evaluated to see if there was any mistake in the calculation. "Our target is to forward within this week to the power ministry our recommendation to award the bids to the lowest bidder," the official adds. 
If the ministry approves the recommendation, these would be forwarded to the cabinet's purchase committee for approval, preferably before the Eid vacation. The PDB wants to conclude signing of the agreements by December so that these power plants could come into operation in 2013. 
Whether Summit-GE could actually handle two such major investments had been one question raised by industry insiders. 
Chief of Summit group Muhammad Aziz Khan notes, "The Bangladesh Bank as well as international multilateral agencies such as IFC, ADB, IDB, all have provided us with letter of support to debt-finance these projects. The capital market in Bangladesh has full confidence in the Summit Group and will be supportive to raise part of the equity. 
"Summit itself is sitting on substantial cash reserves to invest in these projects," he adds. 
"Summit is privileged and excited to be a part of solving the power crisis existing in Bangladesh. We believe the much needed electricity can be provided at low cost in an environmental friendly way by utilising the combined cycle technology," he said. 
The PDB floated the tender for these two projects in May and initially drew interest of two dozen bidders.

Link: Summit makes winning offer for Meghnaghat-II

Meghnaghat starts injecting 273 MW electricity to grid

15 April 2015 | Energy Bangla 
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Meghnaghat Power Station has started injecting over 273 megawatt (MW) electricity to the national grid, which is expected to help the authorities to keep the power supply stable largely at a time when the demand is shooting up with the rise in mercury. 
 
“Meghnaghat Power Limited has officially resumed commercial operation of its Meghnaghat Power Station, initially on a simple cycle mode, with a generating capacity of 273.6 MW,” said Pendeiver Energy (L) Ltd., a subsidiary of Malaysia-Saudi based Powertek Energy, in a statement today. 
 
The power station had been out of operation over a year as a fire burnt down a 150 MW steam turbine of Meghnaghat 450 MW combined cycle plant in April, 2014. 
 
While inaugurating the resumption of power production of the plant, energy adviser to the Prime Minister Dr Tawfiq Elahi Chowdhury said there is nothing to be concerned about load-shedding during this summer because it will be possible to generate electricity ranging from 8,500 MW to 9,000 MW. 
 
He said the power production has increased to a large extent over the last few years because the government has taken all-out measures to boost electricity generation to meet the increasing demand. 
 
Chowdhury said the government has no plan to increase power tariff right now. “Power tariff is likely to be increased slightly in the upcoming budget for fiscal year 2015-16,” he added. 
 
Principal Secretary to the Prime Minister Md. Abul Kalam Azad, Chairman of Power Development Board (PDB) Md. Shahinul Islam Khan and Director of Meghnaghat Power Limited Dato’ Mohd Nazri bin Shahruddin, among other, spoke on the occasion. 

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