Dhaka, Bangladesh (BBN) - The government has signed separate deals with Orion Group and Solarium Power Limited to build four power plants on build, own and operate (BOO) basis at a cost of US$ 1.70 billion to generate 1,105-megawatts (mw) of electricity.
The state-owned Bangladesh Power Development Board (BPDB) inked three deals with the consortium of local business conglomerate Orion Group and Chinese Long King to build three coal-fired power plants to generate 1,087.34 mw of electricity.
It has also signed another deal with Solarium Power to build an 18-mw solar power plant in Mymensingh.
BPDB Secretary Md Abdul Aziz signed the deals on Tuesday with Orion Group Managing Director Salman Obaidul Karim to build the coal-fired power plants, and with Solarium Power Managing Director Nazmul Abedin to build the solar power plant.
Under the deals, the consortium of Orion Group and Chinese Long King will build one 522-mw coal-fired power plant at Maowa in Munshiganj, and two power plants in Chittagong and Khulna, each having 282.67-mw capacity.
Prime Minister's Adviser on energy issues Dr Tawfiq-e-Elahi Chowdhury was the chief guest at the deal signing ceremony at Bidyut Bhaban in the capital Dhaka.
State Minister for Power and Energy Muhammad Enamul Haque, Power Secretary Abul Kalam Azad, BPDB Chairman A S M Alamgir Kabir, Orion Group Chairman Obaidul Karim, and Solarium Power Managing Director Nazmul Abedin spoke on the occasion.
BBN/SSR/AD-21Dec11-10:24 am (BST)