5th July 2024
EP Report

The 68-megawatt (MW) solar power plant in Soydabad, Sirajganj, is set to connect to Bangladesh's national grid by the end of June as construction nears completion, aiming to boost the country's renewable energy capacity and support a sustainable energy transition.

 

Project officials say 95% of the construction work has already been completed, with 27,000 pillars installed, on which 150,000 solar panels are being placed.

 

The construction of the control building, officer dormitory, rest house, and security building is nearing completion, according to them.

 

Occupying 214 acres of land along the banks of the Jamuna River, the new power plant has been established through a collaborative investment effort between China and Bangladesh and is operated by the Bangladesh-China Renewable Energy Company (Pvt) Limited (BCRECL).

 

Bangladesh has mainly provided the land for this project, while all other funding and technology have been provided by the Chinese company, he added.

 

In January 2023, a Power Purchase Agreement (PPA) and an Implementation Agreement (IA) were signed with the Bangladesh Power Development Board (BPDB) for electricity procurement from the plant.

 

According to the agreement, electricity generated in the plant is priced at 10.20 cents per kilowatt-hour.


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