Sembcorp Energy India is set to bag a tender for supplying of 250 megawatts of electricity to Bangladesh after it bid the lowest tariff.
Sources with direct knowledge of the development said Sembcorp Gayatri Power, a subsidiary of Sembcorp Energy India Ltd, bid the lowest among half a dozen power utilities that submitted offers to Bangladesh Power Development Board (BPDB) for the supply of 250 MW of electricity for 15 years.
It wasn't immediately known as to how much Sembcorp had bid, Indian media said recently quoting Sembcorp officials.
Bangladesh Power Development Board (BPDB) in February invited bids for buying 250 MW power from Indian firms for short duration (August 1, 2018, to December 31, 2019) and long-term (January 1, 2020, and July 31, 2033).
Sources said,Sembcorp made the most competitive offer for supply of electricity generated from imported coal at its Andhra Pradesh plant.