Monday 22 January 2018 ,
Monday 22 January 2018 ,
Latest News
  • 9 including, 3 Bangladeshi killed in Saudi road accident
  • 9 including, 3 Bangladeshi killed in Saudi road accident
  • None to be sent forcibly
  • Tribunals to get 3-point High Court guidelines
  • US shutdown extended as crunch vote delayed
  • 18 killed in Kabul hotel attack
  • 2 bodies recovered from Sylhet hotel room
7 February, 2016 00:00 00 AM
Print

Japanese cos shortlisted for Matarbari power project

JAGARAN CHAKMA

The construction work of the country’s largest coal-fired power plant in Bangladesh, Matarbari 2X600MW Ultra Super Critical Coal Fired Power Plant, will begin within eight to nine months, according to Managing Director, Coal Power Generation Company Bangladesh Ltd, Abul Quasem.
Abul Quasem on Thursday told The Independent that Sumitomo Corporation and Marubeni Corporation had been shortlisted to build the plant in Matarbari in the Bay of Bengal, and one of them would be awarded the job. The names of shortlisted entities has been sent to the Japan International Cooperation Agency (JICA) for concurrence.
The Matarbari plant will have an installed capacity of 1,200MW, with two units producing 600MW each. It will use imported coal to meet the rapidly rising demand for power.
According sources at the Economic Relations Division (ERD), the company will borrow $3.7 billion from JICA at an annual interest rate of 0.1 per cent over the next 30 years, with an initial 10-year grace period.
Earlier, the Executive Committee of the National Economic Council (ECNEC) approved the Matarbari 2X600MW Ultra Super Critical Coal Fired Power Plant project, among the largest in the country's power sector, involving Taka 35,984.46 crore and aimed at boosting power generation significantly.
Ultra Super Critical Technology will be used at the Matarbari project, with a work efficiency of 42 per cent, which is higher than the average work efficiency of other coal-based power plants (34 per cent) in Bangladesh. The work efficiency of the power plants in the USA is 36 per cent.
In February 2014, a newspaper report described the approximately $4 billion price-tag of the Matarbari project as "staggering". The paper reported that a feasibility study had been conducted for the project by JICA and Tokyo Electric Power (TEPC). Under the project, there would be two coal-based power plants, each having power generation capacity of 600 Megawatt. The entire project is scheduled to be completed by June, 2023. The power plant will possess highest thermal efficiency in the world at 41.3 per cent compared to 36 per cent in the USA, 29 per cent in India, the UK and Germany, 38 per cent in France and 40 per cent in Japan.

Comments

Poll
Today's Question »
BNP leader Khandaker Mosharraf Hossain has urged the government to amend the constitution to include the provision of a poll-time govt. Do you support this?
 Yes
 No
 No Comment
Most Viewed
Digital Edition
Archive
SunMonTueWedThuFri Sat
010203040506
07080910111213
14151617181920
21222324252627
28293031
More Front Page stories
Tribunals to get 3-point
High Court guidelines The Supreme Court is going to send three-point charter of guidelines to all the district and sessions judges and tribunals concerned for expediting the trial proceedings of criminal cases filed under…

Copyright © All right reserved.

Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Disclaimer & Privacy Policy
....................................................
About Us
....................................................
Contact Us
....................................................
Advertisement
....................................................
Subscription

Powered by : Frog Hosting