logo

Tender for three more power plants invited

Sunday, 25 April 2010


M Azizur Rahman
The government has invited bids for setting up three more power plants on build, own and operate (BOO) basis to generate upto 550 megawatts (mw) of electricity, energy officials said Saturday.
"All the three plants will be run by either furnace oil or natural gas," chairman of Power Development Board (PDB) ASM Alamgir Kabir told the FE.
Two of them, to be built at Keraniganj and Madanganj, will have 150 mw to 225 mw capacity each and generate electricity for 22 years and the remaining one at Jamalpur with 100 mw will generate power for 15 years.
State-owned PDB earlier invited pre-qualification (PQ) bids for the three plants and set June 6 next as the last date for submission of documents.
With these three, 11 fossil fuel run power plant projects are now put on offer for the private bidders from home and abroad to generate a total of 2,120 mw electricity.
The BPDB will provide land for the power plants and purchase electricity from the operators at their offered rates.
The state-owned Bangladesh Petroleum Corporation (BPC) will provide fuel for the furnace oil-run IPP power plants.
Contract signing with the bid winners for all the power plant projects is expected to take place in January 2011.
The power ministry will appoint an evaluation committee for each of the projects to scrutinise the applications.
The aspiring sponsors may apply either individually or as a consortium for the power plant projects, but they must have previous international experience in this field.
In case of consortium, the lead member and the operating members must have required equity participation and experience and must meet financial and technical criteria as stated in the bid documents.
The government is putting electricity generation high on agenda as it has pledged to increase the country's overall electricity generation to 5000 mw by 2011 and to 7000 mw by 2013.
Bangladesh's electricity generation is now hovering around 4000 mw against the demand for over 5500 mw during peak hours.
The power ministry recently presented a number of power plant projects, including those already offered, before the investors during three overseas road-shows in London, New York and Singapore.