Confidence Power Bogra starts operation
FE Report | Tuesday, 26 November 2019
Confidence Power Bogra Ltd, a 99 per cent subsidiary of Confidence Power Holdings Ltd, has started commercial operation upon successful testing and commissioning.
The Confidence Power Holdings is an associate company of Confidence Cement Ltd.
The Confidence Cement, a listed company, has 41 per cent stake in Confidence Power Holdings, said an official disclosure on Monday.
According to the disclosure, the Confidence Power Bogra has begun commercial operation of its heavy fuel oil (HFO)-based, net 113 MW power plant situated at Natore-Bogura Highway at Birgram, Bogura, consisting of Unit of MAN Diesel & Turbo SE (Engine) supplied by Germany, XD (Sub-station) by China, MAN (Turbine) and ME ( Boiler) by India.
The whole production of electricity will be sold to the Bangladesh Power Development Board (BPDB), said the disclosure.
In January 2018, the board of directors of the Confidence Cement agreed to invest in the new power plant projects located at Bogra, Rangpur and Chittagong under Confidence Power Holdings.
The Confidence Power Bogra Unit-2, a 99 per cent subsidiary of Confidence Power Holdings, also started commercial operation on March 30, this year. Confidence Power Rangpur also started commercial operation on August 2 of this year.
babulfexpress@gmail.com