BPPL continues power generation

CHITTAGONG, Nov 30: Power generation continues uninterrupted in 50 MW Baraka Patenga Power Ltd (BPPL) after the plant started commercial production in the port-city in this May.
The furnace oil-based plant has been set up with modern machinery from Roles Royce. Its total power production capacity is 55.872 MW with eight generators of 6.984 MW each.
BPPL director M K Shafi Chowdhury Aleem told the FE that the company will be listed with the capital market next year, the process of which is on.
Company insiders said BPPL is incorporating co-generation facility in the plant with technical assistance from abroad. The facility will be launched soon, which will generate additional 3.30 MW of electricity, resulting enhanced profit also. They have also set up de-sulpherization unit, the first of its kind in the country, to make the plant environment-friendly.
BPPL is currently selling electricity to the government at the rate of Tk 15 per kilowatt, as its furnace oil cost from the government stands at around Tk 13. It has been allotted 34,000 tonnes of furnace oil in the current fiscal year, 2014-15, for its plant by the Ministry of Power, Energy and Mineral Resources.
BPPL is a project of Barakatullah Electro Dynamics Ltd (BEDL), and the lone power generation plant, owned by the non-resident Bangladeshi (NRB) investors.
BEDL's 51 MW capacity power plant, set up in Sylhet in 2009, continues to add electricity to the national grid since then. The company was listed in the capital market in 2010.