North-West Power Generation Company Limited (NWPGCL) and German based Siemens AG today signed a joint development agreement (JDA) for building 3600 MW LNG-based power plant at Payra in Patuakhali district.
Secretary of NWPGCL Dipak Kumar Dhali and President, Gas and Power, Siemens Richard Clayton Reising signed the agreement on behalf of the respective institutions at hotel Westin in the city.
“The project will add 1200 megawatt electricity to the national grid by 2021 and rest of 2400 megawatt electricity will be added in the next year,” NWPGCL Chief Executive Officer AM Khurshedul Alam told the signing ceremony.
Power Division Secretary Dr Ahmad Kaikaus, Bangladesh Power Development Board (BPDB) Chairman Engineer Khaled Mahmood and German Deputy Head of Mission Michael Schultheiss attended the function.
The project is the largest in the country in terms of capacity and first ever LNG-To-Power Project in Bangladesh.