An enterprise of Bangladesh Navy, NOU Kollan Foundation Trading Limited (NKFTCL) is interested to set up a coal-fired power project at Moheshkhali to generate 1320MW electricity.
The consortium – NKFTCL, Interport BD Limited (IPBD) and Lone Star Energy LLC (LSEL) has proposed to set up the plant to supply electricity at Tk 7.90 per unit.
As per the proposal, the project would be commissioned within 60 months after the deal and the contract period of the project would be 25 years.
In a letter on the proposal, Bangladesh Power Development Board (BPDB) recently and informed the power division secretary that the consortium did not submit the copy of joint venture agreement signed among the members.
On the otherside, Bangladesh Machine Tools Factory (BMTF), an enterprise of the Bangladesh Army is interested to set up a 1320MW coal-fired power project at Banshkhali in Chittagong to supply electricity at same price.
Power Division has already prepared a roadmap to generate around 20,000MW of electricity from coal-based power plants by the year 2030. Of the targeted amount, 11,250MW of electricity would be produced by using domestic coal while the rest from imported coal.