The government is set to build a diesel-fired 150 MW power plant at Nilphamari’s Syedpur with Chinese assistance.
To this end, Bangladesh Power Development Board (BPDB) has signed an agreement with a Chinese company Dongfang Electric International Corporation Company on Tuesday.
The plant is expected to go into operation by June 2021. Fuel the plant will be imported from India, as per a bdnews24.com report.
Of the total estimated cost to build the plant, more than Tk 3.0 billion will be financed from the public coffer and the BPDB will provide Tk 2.15 billion. The rest of the money will come from foreign sources.
Speaking at the signing ceremony, State Minister for Power, Energy and Mineral Resources Nasrul Hamid said, "It will be possible to generate electricity from this power plant at an affordable cost for various reasons."
Fuel will be imported from Numaligarh in India through a pipeline to run the power plant which will be set up on 18 acres of land.
“As a result, it needs not bring fuel from Chittagong to feed the plant. After construction of the plant, the fuel will be imported from India. There will be no fuel crisis in future,” said Nasrul.
Energy Adviser to the Prime Minister Tawfiq-e-Elahi Chowdhury said electricity will be available at very affordable prices from this power station.
On Aug 29, the cabinet committee on public procurement approved the proposal for appointing a contractor for its construction.
The aforementioned Chinese company became the lowest bidder after taking part in the tender invited by the government.