Patuakhali power station (RPCL/NORINCO)

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The Patuakhali power station (RPCL/NORINCO) is a proposal for a 1,320-megawatt (MW) coal-fired power plant in Patuakhali district, Bangladesh.

A 1320MW coal-fired power station in Patuakhali has been proposed by three sets of sponsors, all JVs between Bangladeshi and Chinese firms:

Location

The map below shows the location of Patuakhali district, but not the exact location of the proposed power station.

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Background

In May 2016, Rural Power Company Limited (RPCL) and NORINCO International Cooperation Ltd., a publicly listed subsidiary of China North Industries Corporation (NORINCO), signed a Memo of Understanding for a 1320 MW coal-fired power plant in Patuakhali district. The project would be located at Londa village, where 918 acres of land has been identified. Land acquisition is in progress. The project is targeted for 2022.[1][2]

In September 2016, the project was reported to be moving forward, with approval from the Power Division. It was described as ultra-supercritical. The project will use 915 acres at Kalapara upazila of Patuakhali. The company has sent a land development proposal to the Planning Commission for approval.[3]

In November 2017 it was reported that a joint venture agreement between Bangladesh's Rural Power Company Limited (RPCL) and Chinese state-owned Norinco International Ltd for construction of a 1320 MW coal plant in Patuakhali had been cleared. The power station is planned for 2022-2023.[4][5]

In April 2018 a Chinese firm was awarded the EPC contract for the plant.[6] In October 2018 it was reported that land acquisition was underway.[7]

Financing

The project cost has been estimated at US$2 billion. Of the total investment, the ratio of equity investment will be 30 percent while the remaining 70 percent would come as loans from the Chinese Ex-Im Bank.[8]

Project Details

  • Sponsor: Bangladesh Rural Power-Norinco International Power
  • Parent company: Rural Power Company Limited (RPCL, 50%) and NORINCO International Cooperation Ltd., a publicly listed subsidiary of China North Industries Corporation (NORINCO, 50%)
  • Location: Londa village, Patuakhali district, Barisal Division
  • Coordinates: 22.3542, 90.3181 (approximate)
  • Status: Pre-permit development
  • Gross Capacity: 2 x 660 MW
  • Type: Ultra-supercritical
  • Projected in service: 2022-2023
  • Coal Type:
  • Coal Source:
  • Source of financing: Chinese Ex-Im Bank

Articles and resources

References

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