55 MW wind power plant gets cabinet nod

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Business Desk :
The Cabinet Committee on Public Purchase on Wednesday approved the proposal of a Chinese-Bangladeshi consortium to set up a 55 MW wind power plant on build-own-operate basis at Mongla in Bagerhat.
As per the proposal, the Consortium of Envision Energy, (Jiangsu) Co Ltd, China, SQ Trading and Engineering, Bangladesh and Envision Renewable Energy Limited, Hong Kong will set up the plant under a 20- year contract with Bangladesh Power Development Board (BPDB).
State-owned BPDB will purchase the electricity from the plant at a levelised tariff of US$ 13.20 Cents, equivalent to Tk 10.56 per kilowatt hour (each unit) over the period of 20 years, , reports UNB.
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