NEPC, a giant power engineering company of China, has set up its office in Dhaka with a long term plan to penetrate Bangladesh market through setting up more power stations as well as importing power generation machineries and equipment.
The NEPC (Northeast No. 1 Electric Power Construction Co Ltd) is the first Chinese power plant construction company to set up its own full-fledged office in Dhaka, reports BSS.
"We are giving most priority to the Bangladesh projects as NEPC plants will be responsible for generating around one fourth of the total power generation of this country soon," Executive Managing Director of Bangladesh Branch of NEPC Roy Luo Changqing said while inaugurating the office in Gulshan on Sunday.
Currently, NEPC is building the 1320 MW coal-fired thermal power plant with eco-friendly clean coal technology, for the first time in Bangladesh, near Payra port in Patuakhali, one of the landmark power generation projects of the present government.
Luo said NEPC undertook a plan to expand its operation in Bangladesh to help meet the huge demand for power in the spirit of long-lasting friendly ties between the two countries.
"We will continue our efforts to bring in top Chinese power generation technology and top equipment to benefit Bangladesh people and its economy," he said, adding that more Chinese companies are showing interest in operating in Bangladesh because of the government's FDI (Foreign Direct Investment)-friendly policy.
Besides the Payra mega project, NEPC is also constructing four more power plants-two in Sirajganj, Unit 2 (225 MW) and Unit 3 (225 MW), and two in Ghorasal, Unit 7 (300/450 MW) and Unit 3 (416 MW).
NEPC has already set up three power plants in Bibiyana II (345 MW), Meghnaghat (337 MW) and Sirajganj unit 1 (225 MW).
NEPC, established in 1951, is also working in different countries, including Pakistan, Mongolia Indonesia, Vietnam, Laos, Philippines, Iraq, Turkey and some African nations.
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