55MW wind power project at Mongla approved by cabinet – National – observerbd.com

Published : Wednesday, 9 December, 2020 at 9:43 PM
 Count : 61





55MW wind power project at Mongla approved by cabinet



The Cabinet Committee on Public Purchase on Wednesday approved the proposal of a Chinese-Bangladeshi consortium to set up a 55 MW wind power plant on build-own-operate basis at Mongla in Bagerhat.

Law Minister Anisul Haque presided over the meeting in the absence of Finance Minister AHM Mustafa Kamal.

As per the proposal, the Consortium of Envision Energy, (Jiangsu) Co. Ltd., China, SQ Trading and Engineering, Bangladesh and Envision Renewable Energy Limited, Hong Kong will set up the plant under a 20-year contract with Bangladesh Power Development Board (BPDB).

 

State-owned BPDB will purchase the electricity from the plant at a levelised tariff of US$ 13.20 Cents, equivalent to Tk 10.56 per kilowatt hour (each unit) over the period of 20 years.

The government will pay a total of Tk 2035.12 crore for the entire contract period against its purchase of electricity  from the maiden private wind power project, said Saleh Ahmed, additional secretary of the Cabinet Division, while briefing reporters on the cabinet body meeting.    

Mongla 55 MW wind power project is one of the three similar projects undertaken by the BPDB  in recent years. The other two project were planned for Chandpur and Inani beach in Cox’s Bazar.

SZA

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