In a significant move towards achieving Bangladesh's clean energy ambitions, the Electricity Generation Company of Bangladesh (EGCB) will construct a 220-megawatt solar power plant in Feni's Sonagazi.
The initiative is part of the government's broader strategy to increase the share of renewable energy in the national power mix and reduce reliance on fossil fuels.
According to the project proposal, the Sonagazi 220MW Solar Power Plant Project is scheduled to start on 1 July 2025, with completion expected by 30 June 2028. The total estimated cost of the project stands at Tk2,134 crore. Of this, the Islamic Development Bank (IsDB) is expected to finance approximately Tk1,748 crore through a project loan.
The remaining funds will be covered by the Bangladesh government, contributing around Tk251 crore and the EGCB, which will provide Tk135 crore from its own resources.
A meeting of the Project Evaluation Committee of the Planning Commission was held last month to review the project proposal.
Officials from the Planning Commission have said that the project has been provisionally approved in the evaluation committee meeting and has been recommended for final approval at the upcoming meeting of the Executive Committee of the National Economic Council (Ecnec).
