The government yesterday signed agreements with a Bangladesh subsidiary of India’s Reliance Group to set up a 718-megawatt gas-fired power plant in Narayanganj.
The project will begin production in 36 months and price of each kilowatt-hour unit of electricity will be 7.3123 cents.
Imported re-gasified liquefied natural gas (LNG) will be used in the project, the power ministry said in a statement.
Reliance Bangladesh LNG and Power, a subsidiary of Reliance Power, inked the implementation deal with Power Division and the power purchase agreement with Bangladesh Power Development Board (BPDB).
It also signed gas supply agreement with Petrobangla and transmission agreement with Power Grid Company of Bangladesh (PGCB).
Power Division Joint Secretary Sheikh Faezul Amin, BPDB Secretary Saiful Islam Azad, PGCB Secretary Mohammad Jahangir Azad, Titas Gas Secretary Mahmudur Rab and Reliance Bangladesh LNG and Power Director Sameer Kumar Gupta signed the deals on behalf of their respective sides.
At the event at Bidyut Bhaban in Dhaka, Prime Minister’s Energy Adviser Tawfiq-e-Elahi Chowdhury said large power projects are being set up to ensure that every citizen gets uninterrupted electricity in due time, according to news agency BSS.
Khaled Mahmood, chairman of BPDB; Riva Ganguly Das, Indian high commissioner to Bangladesh; M Abul Kalam Azad, principal coordinator for SDG affairs at the Prime Minister’s Office; Ahmed Kaikaus, power secretary, and Abu Hena M Rahmatul Munim, energy secretary, also spoke.