Patuakhali power station (BCPCL)

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{{#badges:CoalSwarm|Template:Navbar-BangladeshCoal}}Patuakhali power station is a proposed 1,320-megawatt (MW) coal-fired power plants in Barisal division, Bangladesh. The project is part of the Kalapara power station (Phase I is referred to as the Payra power station).

There are three different proposals for 1320-MW coal-fired power stations in Patuakhali, by three sets of sponsors, all joint ventures between Bangladeshi and Chinese firms:

Location

The map below shows the location of the project's site, in Kalapara upazali, Patuakhali district, Barisal division.

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Background

In March 2014 the state-owned North-West Power Generation Company (a subsidiary of Bangladesh Power Development Board) and CMC -- China National Machinery Import & Export (Group) Corporation -- signed a Memorandum of Understanding to build a 1320 MW coal plant in Kalapara upazila of Patuakhali. The project will be located on the Rabnabad river bank near Paira Bandar. The estimated cost is $2 billion.[1] Unit 1 was planned to come online in April 2019, and unit 2 in October 2019.[2][3]

In August 2016 the Bangladesh-China Power Company Limited (BCPCL), a 50:50 JV between North-West Power Generation and China National Machinery Import and Export Corp, said a deal had been signed with an EPC [engineering, procurement, and construction] contractor for the 1,320 MW Patuakhali coal plant, to be built near Payra.[4] North-West Power Generation is held by the Bangladesh Power Development Board.[5]

As of December 2017 the Payra power station is under construction and Northwest reported the co-feasibility study for Patuakhali is underway and land acquisition complete. It is being funded by the China Exim Bank.[6]

The draft EIA was submitted in January 2019.[7]

Financing

In June 2014 it was reported that Bangladesh's largest bilateral donor, Japan International Cooperation Agency (JICA), would bankroll the plant by partially providing nearly US$3.7 billion worth of loans in some few tranches. However, in October 2014 it was reported that BCPCL will provide 30% of the funds for the project, and mobilize the other 70% from international sources. The project has an estimated cost of US$2 billion.[8]

In April 2016 BCPCL said it will invest $1.56 billion into the plant. It will fund 80 percent of the investment by a loan from Chinese banks.[2]

In October 2016 the government approved a US$1.9 billion from the China Exim Bank for the project.[9]

Project Details

  • Sponsor: Bangladesh-China Power Company Limited (BCPCL)
  • Parent company: China National Machinery Import and Export Corp and North-West Power Generation Co (owned by Bangladesh Power Development Board)
  • Location: Rabnabad river bank near Paira Bandar, Kalapara upazila (subdistrict), Dhankhali, Patuakhali district
  • Coordinates: 22.008939, 90.296069 (exact)
  • Status: Pre-permit development
  • Gross Capacity: 1320 MW (2 x 660 MW)
  • Type: Ultra-supercritical
  • Projected in service: 2023[10]
  • Coal Type:
  • Coal Source: Imported
  • Source of financing: BCPCL, through a loan from China Exim Bank (US$1.9 billion)
  • Permits and applications: EIA for 1320 MW Payra coal plant, Bangladesh-China Power Company Limited, Sep 2015

Contact details

Website: http://www.bpdb.gov.bd/

Articles and resources

References

  1. "1,320MW coal-based power plant to be set up in Patuakhali," DhakaTribune, 20 March 2014
  2. 2.0 2.1 "Bangladesh-China JV to construct $1.56 bln power plant in southern Bangladesh," reuters, Mar 30, 2016
  3. Aminur Rahman Rasel, "Payra coal power plant to be commissioned in 2019," Dhaka Tribune, Oct 12, 2015
  4. Aminur Rahman Rasel, "BCPCL plans another 1,320MW plant," Dhaka Tribune, Aug 18, 2016
  5. "PDB to become holding company, employees against the move", dhakatribune.com, Dhaka Tribune. Retrieved on 1 January 2018. 
  6. "Future Projects," North-West Power Generation Company Limited, accessed December 2017
  7. "Ongoing Projects," North-West Power Generation Company Limited, accessed June 2019
  8. "Joint venture to start working for 1,320MW plant ," DhakaTribune, Oct 13, 2014
  9. "Govt approves $3.5 billion loan for Rampal, Payra power plants," Reporters bd, October 4, 2016
  10. 2016 Master Plan "Revisited", Bangladesh Power Division, Nov 2018

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