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3 int'l cos invited to submit bids for Sirajganj IPP

M Azizur Rahman | Sunday, 13 July 2008


The Power Cell invites Sunday three international companies to submit bids for installation of Sirajganj 450 megawatt (MW) gas-fired independent power plant (IPP) by next three months.

"We will send invitations Sunday to three companies, which were earlier selected through pre-qualification process, for submission of bids by next three months for final selection," director general (DG) of the Power Cell Mohammad Abdul Jalil told the FE Saturday.

He said the companies will be given time until October 12 next for submission of their bids. One company will be awarded the project.

The companies are US- based AES Corporation, Malaysian Powertek and South Korean Kepco, the Power Cell DG said.

The top power cell official said all the three companies were also among the selected for final bidding for Bibiyana 450 MW power plant.

For the Bibiyana power plant four companies AES, Powertek, Kepco and US-based Chevron have been qualified for taking part in the final bidding.

Malaysian Powertek and South Korean Kepco were, however, merged after being qualified to participate in the final bidding, which actually leaves three in the race.

The closing date for Bibiyana bid submission is July 15 next.

Only local company Summit Industrial and Mercantile Corporation Ltd (SIMCL) has been declared non-qualified from both the two large power projects.

The SIMCL, however, repeatedly urged the power division to qualify it to compete in the final bidding round for Bibiyana 450 MW power plant.

"The SIMCL's request to qualify it for taking part in the bidding is still awaiting government decision," said the SIMCL acting chairman Latif Khan.

Power Cell DG Abdul Jalil, however, said SIMCL stands no chance to compete in the Bibiyana bidding.

The World Bank (WB) and Asian Development Bank (ADB) are likely to provide financial support to the power projects.

Estimated cost for installing each of the plants will be over $300 million. Each plant will consume around 80 million cubic feet per day (mmcfd) of gas to generate 450MW of electricity.

The government will provide necessary infrastructure like land and natural gas for the projects.