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Bangladeshi, Chinese companies team up to build 162-megawatt power plant

March 16, 2018


Abstract : A consortium of Chinese and Bangladeshi companies will build a 162-megawatt furnace oil-based power plant in Bangladesh.

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DHAKA, Mar. 16 (Xinhua) -- A consortium of Chinese and Bangladeshi companies will build a 162-megawatt furnace oil-based power plant in Bangladesh.

Bangladesh's cabinet committee on purchase on Wednesday reportedly approved the plant which will be run under the build-own-operate basis for 15 years.

The consortium, comprising a Chinese coal power company, Bangladeshi Icon Enterprise Ltd. and Chase Power Ltd., will set up the plant in the country's Manikganj district, some 63 km northwest of capital Dhaka.   

In line with a proposal paper, the Bangladeshi government will buy electricity from the plant at 10.5350 dollar cents per kilowatt hour.  

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Keyword: China power Bangladesh electricity

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