Move underway to create 9,000 MW power generation hub at Payra

A move is underway to create a 9,000 MW power generation hub at Payra area of Patuakhali in the southwestern region of Bangladesh, reports UNB.

Disclosing the plan, State Minister for Power and Energy Nasrul Hamid said Payra will be another power hub like the two others being created in Maheshkhali and Matarbari in Chittagong in the eastern region of Bangladesh.

"We've drawn up the plan for Payra power hub considering the uplifting of the country's southern region, which remained under-developed compared to other regions of the country," he told reporters while visiting the construction site of a 1320 MW power plant, now being installed in the area.

The state-owned North-West Power Generation Company Ltd (NWPGCL) is installing the 1320 MW coal-based power plant in joint venture with Chinese state owned company CMC (China National Machinery Import and Export Corporation).

First unit of the plant, having two units of each 660 MW, is expected to come into commercial operation in April 2019 and second unit in October of the same year, said AM Khurshedul Alam, managing director of the NWPGCL.

The state minister visited the plant site on Friday along with a group of journalists from Dhaka. NWPGCL and Forum for Energy Reporters Bangladesh (FERB) jointly organised the tour.

NWPGCL officials informed that the construction works is now going on in full swing keeping in mind the timely completion of the project.

Nasrul Hamid said about $160 billion is being spent for the project of which 80 per cent is debt and 20 per cent is equity investment by the Bangladesh side and Chinese side where each has 50 per cent share.

He said the proposed 9000 MW power hub will require about $12 billion investment where NWPGCL will implement some projects having total 6000 MW capacity. The remaining 3000 MW will come from investment by some other state-owned companies like RPCL and APSCL.

 

Move underway to create 9,000 MW power generation hub at Payra

A move is underway to create a 9,000 MW power generation hub at Payra area of Patuakhali in the southwestern region of Bangladesh, reports UNB. Disclosing the plan, State Minister for Power and Energy Nasrul Hamid said Payra will be another power hub like the two others being created in Maheshkhali and Matarbari in Chittagong in the eastern region of Bangladesh. Weve drawn up the plan for Payra power hub considering the uplifting of the countrys southern region, which remained under-developed compared to other regions of the country, he told reporters while visiting the construction site of a 1320 MW power plant, now being installed in the area. The state-owned North-West Power Generation Company Ltd (NWPGCL) is installing the 1320 MW coal-based power plant in joint venture with Chinese state owned company CMC (China National Machinery Import and Export Corporation). First unit of the plant, having two units of each 660 MW, is expected to come into commercial operation in April 2019 and second unit in October of the same year, said AM Khurshedul Alam, managing director of the NWPGCL. The state minister visited the plant site on Friday along with a group of journalists from Dhaka. NWPGCL and Forum for Energy Reporters Bangladesh (FERB) jointly organised the tour. NWPGCL officials informed that the construction works is now going on in full swing keeping in mind the timely completion of the project. Nasrul Hamid said about $160 billion is being spent for the project of which 80 per cent is debt and 20 per cent is equity investment by the Bangladesh side and Chinese side where each has 50 per cent share. He said the proposed 9000 MW power hub will require about $12 billion investment where NWPGCL will implement some projects having total 6000 MW capacity. The remaining 3000 MW will come from investment by some other state-owned companies like RPCL and APSCL.