ADB provides $500 million for Bangladesh power plant

• 6 years ago (2018-08-03)
• David Flin

Asia 892 Gas 393

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The Asian Development Bank (ADB) and Bangladesh have signed agreements for $500 million in loans to develop an 800 MW natural gas-fired power plant in the country’s Khulna region, along with associated connections to natural gas and power transmission facilities. The project will include 12 km of gas distribution pipelines, a 230 kV switchyard, and 29 km of high-capacity transmission lines.

Manmohan Parkash, ADB Country Director for Bangladesh, said: “This mega project builds on ADB’s strong and sustained presence in the power sector of Bangladesh, and it will use the latest proven combined cycle technology, which offers the highest efficiency to convert gas to electricity. ADB places high importance on introducing new and high-impact technologies to benefit member countries. This will be a state-of-the-art power plant using the latest zero-liquid discharge technology, making it the first of its kind in Bangladesh.”