The government has recently approved a proposal for setting up a 200MW fuel-based power plant at Gazaria in Munshiganj. Per unit power from the project will be around 10.50 US cents.
Palestine state-owned power Generation Company will implement the power project jointly with a local company Intraco CNG under build-own-operation basis for 15-years period.
The Embassy of Philistine moved the proposal to set up the power plant in March last year, said officials concern. It will be one of the low cost HFO-fired power plants so far allowed by the government.
Power Division sources said Bangladesh’s electricity demand is growing at a rate of 10-14 per cent annually. In 2009, the average power demand was about 6,000 MW while the installed power capacity of the country was less than 5000MW. Now the installed capacity has increased to at 20,133MW (with captive power).
The access to electricity was 47 percent and now it is 90 percent. The number of electricity users was 1 crore 8 lakh, and now stands at 3 crore 3 lakh. The transmission and distribution system losses have been significantly reduced to 11.87 percent during the incumbent government’s tenure, from 16.85 percent.
The government allowed a series of oil-based power plants considering the deal of long term coal-fired base load power plants, official said.
The government has so far allowed nine HFO based power plants at Khulna, Gazipur, Chandpur, Bogura, Ashuganj, Julda, Jamalpur, Manikganj and Patuakhali.
Of the plants, Munshiganj power plant is one of the low cost one after 100MW Julda Power Plant and 150MW Ashuganj power plant. The Julda power plant and Ashuganj power plant are allowed for per unit tariff at 10.50 cents. The other power plants received tariff between 10.5999 and 10.70 US cents.
Government has taken a massive capacity expansion plan with the aim to provide quality and reliable electricity to all Bangladeshi people by 2021.
Currently, the government is working on three major power generation hubs at Paira in Patuakhali, Moheshkhali and Matarbari in Cox’s Bazar.
It is expected that the first mega project at Paira in Patuakhali of 1300 MW will come into operation next year. About 50 percent work on the power has been done.
The construction of 1,200MW coal-fired power plant at Matarbari is expected to go into operation by 2023. On the other hand, work is going on to set up a 1320 MW power plant at Rampal in Bagerhat.
Besides Rooppur Nuclear Power plant with two units, with the total capacity of 2,400 MW is under construction at the Rooppur of Pabna. The construction work is going fast. It would be produced and added to the national grid from the 2 units by 2023-2024.
The government had taken up a plan to import 9000 MW of electricity by 2041 from cross-border and regional power trade. Most of the electricity will come from India-said official sources.