Anisul Islam Noor back from Cox’s Bazar :
The government has planned to build a coal-fired energy hub at Moahehkhali upazila’s Matarbari in the district of Cox’s Bazar, sources said.
“Many countries are ready to finance our project. We will execute our plan as the people want to become part of the development,” said State Minister for Power and Energy Nasrul Hamid during his visit to the proposed power plant’s site on Saturday.
The minister assured the people of Matarbari that due compensation would be paid to them for their lands to be acquired. Moreover, the local people will get priority in respect of jobs in the power plant.
Power Ministry Secretary Monowar Islam, Chairman of Power Development Board (PDB) Md Abduhu Ruhullah and other senior officials accompanied him on the occasion.
In the first week of next month, the government will invite international tender for 1200MW-1400MW state-owned coal-fired power plants at Moheskhali, a senior official of power ministry said.
He said the PDB will invite tenders to set up the power plant in two separate phases. In the first phase, the PDB has selected pre-qualified bidders and then invited them again for competitive bidding.
The project includes developing a port and storage facilities for imported coal, installation of a 1,320MW power plant and 400 kilovolt power transmission line, construction of 36 kilometers access road, consulting services, procurement of vehicles, development of township and rural electrification.
State-run Coal Power Generation Company Bangladesh (CPGCB) will get $4.53 billion loan according to the
agreement with Japanese donor agency JICA for the construction of a 1320MW coal-fired plant at Matarbari on Moheshkhali Island in Cox’s Bazar, officials said.
Power division secretary Monwar Hossain said, JICA formally confirmed that it would lend about 95 per cent of the $4.53b project. Bangladesh will invest $226 million.
According to the loan proposal, CPGCB will have to repay the loan in 40 years with a 10-year grace period. The interest rate will be 0.01 per cent, a power division official told
He said the fund for implementing the power project would require after completing the bidding process.
Last year, BPDB sought funds for implementing the mega coal-fired power project at Moheshkhali under Bilateral Credit (government to government) or Tender’s Financing (Buyer’s Credit).
BPDB Secretary Md Azizul Islam in mid of November 2013 in an official letter to Power Secretary Monowar Islam sought permission to borrow credit for implementing the project.
In the letter, he said, the government has a plan to set up series of power plants to generate 9000MW of electricity at Moheshkhali upazila in Cox’s Bazar.
For this, the government planned to prepare eight blocs, five for coal-fired thermal power projects and another three for Liquefied Natural Gas (LNG) based power projects, for setting up the plants.
In each of the coal-fired power project blocs, the government has planned to set up 1320MW coal-fired power project. It also has a plan to set up 1000MW of LNG-fired power project in each of the LNG blocs.
The PDB conducted the environmental impact assessment (EIA) and IEE reports for setting up the power plants. The PDB wants to procure the bilateral credit or tender’s financing under five years warranty period and two years grace period terms, the letter said.
It also asked the authority to consider seven years term period for implementing the project, the letter added. The government is at present working to implement total 23 coal-fired power projects across the country.
The government has planned to build a coal-fired energy hub at Moahehkhali upazila’s Matarbari in the district of Cox’s Bazar, sources said.
“Many countries are ready to finance our project. We will execute our plan as the people want to become part of the development,” said State Minister for Power and Energy Nasrul Hamid during his visit to the proposed power plant’s site on Saturday.
The minister assured the people of Matarbari that due compensation would be paid to them for their lands to be acquired. Moreover, the local people will get priority in respect of jobs in the power plant.
Power Ministry Secretary Monowar Islam, Chairman of Power Development Board (PDB) Md Abduhu Ruhullah and other senior officials accompanied him on the occasion.
In the first week of next month, the government will invite international tender for 1200MW-1400MW state-owned coal-fired power plants at Moheskhali, a senior official of power ministry said.
He said the PDB will invite tenders to set up the power plant in two separate phases. In the first phase, the PDB has selected pre-qualified bidders and then invited them again for competitive bidding.
The project includes developing a port and storage facilities for imported coal, installation of a 1,320MW power plant and 400 kilovolt power transmission line, construction of 36 kilometers access road, consulting services, procurement of vehicles, development of township and rural electrification.
State-run Coal Power Generation Company Bangladesh (CPGCB) will get $4.53 billion loan according to the
agreement with Japanese donor agency JICA for the construction of a 1320MW coal-fired plant at Matarbari on Moheshkhali Island in Cox’s Bazar, officials said.
Power division secretary Monwar Hossain said, JICA formally confirmed that it would lend about 95 per cent of the $4.53b project. Bangladesh will invest $226 million.
According to the loan proposal, CPGCB will have to repay the loan in 40 years with a 10-year grace period. The interest rate will be 0.01 per cent, a power division official told
He said the fund for implementing the power project would require after completing the bidding process.
Last year, BPDB sought funds for implementing the mega coal-fired power project at Moheshkhali under Bilateral Credit (government to government) or Tender’s Financing (Buyer’s Credit).
BPDB Secretary Md Azizul Islam in mid of November 2013 in an official letter to Power Secretary Monowar Islam sought permission to borrow credit for implementing the project.
In the letter, he said, the government has a plan to set up series of power plants to generate 9000MW of electricity at Moheshkhali upazila in Cox’s Bazar.
For this, the government planned to prepare eight blocs, five for coal-fired thermal power projects and another three for Liquefied Natural Gas (LNG) based power projects, for setting up the plants.
In each of the coal-fired power project blocs, the government has planned to set up 1320MW coal-fired power project. It also has a plan to set up 1000MW of LNG-fired power project in each of the LNG blocs.
The PDB conducted the environmental impact assessment (EIA) and IEE reports for setting up the power plants. The PDB wants to procure the bilateral credit or tender’s financing under five years warranty period and two years grace period terms, the letter said.
It also asked the authority to consider seven years term period for implementing the project, the letter added. The government is at present working to implement total 23 coal-fired power projects across the country.
