UNB, Dhaka :
All but one furnace oil (HFO)-fired fast track private power plant projects, hurriedly undertaken on emergency basis as part of crisis management mechanism last year, failed to come into operation as per schedule.
Of the 14, only one such fast-track IPP (independent power producer’s projects) has been commissioned last month, while the remaining 13 projects could not be completed largely because
of sponsors’ fund crisis or in want of land acquisition. With a combined projected power generation capacity of 1,935 MW, the 14 power plants were undertaken aiming at giving the rural power consumers some relief from load-shedding during the ongoing summer season. According to an official document, obtained by UNB, the only successful project which was built and commissioned as per scheduled is Summit Group’s 300 MW (HFO) Gazipur-2 project. The document was placed at a review meeting on May 24 at the Power Division to discuss the overall progress of the projects. The Power Division document shows that most of the projects’ implementation deadlines were extended twice or thrice. But despite that the projects could not be completed.
The failed projects with their implementation rates show that United Enterprise’s 200 MW achieved 75 percent progress while Acorn Infrastructure Services Ltd’s 100 MW Julda project 70 percent, Orion Power’s 105 MW Jabusa 58 percent, Desh Energy’s 200 MW Chandpur 60 percent, Midland East Power’s 150 MW Ashuganj 79 percent, Confidence Power’s 113 MW Bogra 65 percent, Consortium of Baraka Patenga Power and Royal Home Ltd’s 105 MW 10 percent and Consortium of Changzhou Huntag Coal Power, China and Icon Enterprise Ltd, Bangladesh’s Manikganj 162 MW power project 10 percent, and North West Zone Power Company’s 100 MW Madhumati power achieved 19 percent progress. Some four projects failed to achieve any progress.
All but one furnace oil (HFO)-fired fast track private power plant projects, hurriedly undertaken on emergency basis as part of crisis management mechanism last year, failed to come into operation as per schedule.
Of the 14, only one such fast-track IPP (independent power producer’s projects) has been commissioned last month, while the remaining 13 projects could not be completed largely because
of sponsors’ fund crisis or in want of land acquisition. With a combined projected power generation capacity of 1,935 MW, the 14 power plants were undertaken aiming at giving the rural power consumers some relief from load-shedding during the ongoing summer season. According to an official document, obtained by UNB, the only successful project which was built and commissioned as per scheduled is Summit Group’s 300 MW (HFO) Gazipur-2 project. The document was placed at a review meeting on May 24 at the Power Division to discuss the overall progress of the projects. The Power Division document shows that most of the projects’ implementation deadlines were extended twice or thrice. But despite that the projects could not be completed.
The failed projects with their implementation rates show that United Enterprise’s 200 MW achieved 75 percent progress while Acorn Infrastructure Services Ltd’s 100 MW Julda project 70 percent, Orion Power’s 105 MW Jabusa 58 percent, Desh Energy’s 200 MW Chandpur 60 percent, Midland East Power’s 150 MW Ashuganj 79 percent, Confidence Power’s 113 MW Bogra 65 percent, Consortium of Baraka Patenga Power and Royal Home Ltd’s 105 MW 10 percent and Consortium of Changzhou Huntag Coal Power, China and Icon Enterprise Ltd, Bangladesh’s Manikganj 162 MW power project 10 percent, and North West Zone Power Company’s 100 MW Madhumati power achieved 19 percent progress. Some four projects failed to achieve any progress.
