UNB, Dhaka :
The Power and Energy Ministry rejected a plea of SunEdison, a global renewable energy company headquartered in the US, for extension of its 200 MW solar park project execution tenure by one year.
Official sources said, the decision of the ministry to reject the SunEdison appeal came from a review meeting on the solar and renewable energy projects on November 1.
The meeting found the US firm’s excuse for time extension appeal baseless. The company was also asked to make the financial closing as per schedule and complete the project execution as per schedule of July 2018. If it fails, the implementation agency will take necessary action as per contract signed with the government, officials at the Power Ministry said.
Southern Solar Power Limited, a special purpose company of SunEdison, signed a contract with the government on January 9 this year to set up the 200 MW grid-connected solar park in Teknaf of Cox’s Bazar in next 18 months, on a build-own-operate (BOO) basis. The firm had written the ministry that its project execution is being hampered by the influx of Rohingyas who sheltered in Bangladesh after being forcibly displaced by Myanmar authority. It mentioned that many Rohigyas took shelter in its project site and adjacent areas which creates problem in project execution.
The Power and Energy Ministry rejected a plea of SunEdison, a global renewable energy company headquartered in the US, for extension of its 200 MW solar park project execution tenure by one year.
Official sources said, the decision of the ministry to reject the SunEdison appeal came from a review meeting on the solar and renewable energy projects on November 1.
The meeting found the US firm’s excuse for time extension appeal baseless. The company was also asked to make the financial closing as per schedule and complete the project execution as per schedule of July 2018. If it fails, the implementation agency will take necessary action as per contract signed with the government, officials at the Power Ministry said.
Southern Solar Power Limited, a special purpose company of SunEdison, signed a contract with the government on January 9 this year to set up the 200 MW grid-connected solar park in Teknaf of Cox’s Bazar in next 18 months, on a build-own-operate (BOO) basis. The firm had written the ministry that its project execution is being hampered by the influx of Rohingyas who sheltered in Bangladesh after being forcibly displaced by Myanmar authority. It mentioned that many Rohigyas took shelter in its project site and adjacent areas which creates problem in project execution.
