Energy Bangla

Indian firm Shapoorji Pallonji Infrastructure Capital Company Private Limited (SPICCPL) has offered electricity at 3.8431 cents per unit to Bangladesh after implementing a 150-225MW gas-fired combined cycle power project in Bhola under unsolicited deal.
In a proposal, SPICCPL has sought 3.8431 cents per unit of electricity from after implementing the project on Build, Own and Operate (BOO) basis.
LANCO Infrastructure, another Indian firm that earlied inked deal to implement the project has finally scrapped the deal as it failed to mobilize fund required to implement the project. The LANCO had also sought non-stop gas supply assurance to implement the power project, but the response from the Bangladesh side was not positive.
Shapoorji Pallonji Infrastructure (SPI) has proposed to start commercial operation of simple cycle unit of the power project having capacity to generate 133MW of electricity within nine months.
Besides, it proposed to set up a combined-cycle power project within 15 months after signing the deal.
Earlier, Lanco signed a deal with Bangladesh Power Development Board (BPDB) to build a 150-225MW gas-fired Bhola power plant in Bangladesh. It requested Petrobangla to supply 32 million cubic feet per day gas for the proposed plant for the next 13-14 years.
If implemented, BPDB would have purchased electricity produced at the LANCO plant, which is estimated to cost $182.6 million per year.
In June 6, 2015, the BPDB signed two memorandum of understandings (MoUs) with two Indian power giants – the Adani Power Limited and the Reliance Power Limited – having capacity to generate total 4600MW of electricity under Special Power Act.
The Adani Power Limited signed deal to set up two units of 1600MW coal-fired power project at Moheshkhali or any other suitable place in Bangladesh. The company has the largest power sector investment having capacity to generate 11,000MW of electricity.
Under the MoU, the Reliance Group will install four units of LNG-based power projects having capacity to generate total 3000MW of electricity.
The company is now running power projects in India which generate around 6000MW of electricity.