The Bangladesh Government has announced that three coal-fired power plants will be constructed in the country by Chinese companies. The three plants will have a combined capacity of 3960 MW. Two of the plants will be set up by Bangladesh-China joint venture companies, while the third will be set up by a consortium of China and Hong Kong-based firms.
The power plants will be built in Maheshkhali of Cox’s Bazar, Kalapara in Patuakhali, and Mirsarai in Chittagong. Each plant will have a capacity of 1320 MW.
The Bangladesh Government has approved the draft of a joint venture agreement between Bangladesh Power Development Board (BPDB) and China Huadian Hong Kong Co Ltd to form a 50/50 joint venture company for the Maheshkhali plant. It also gave approval to the related Memorandum of Association and Article of Association of the joint venture company.
Nasrul Hamid, State Minister for Power, Energy, and Mineral Resources said: “All the projects are at a preliminary stage. Some procedures have to be completed before construction work starts.”