Bangladesh’s largest ever combined cycle power plant of 584 megawatts (MW) fuelled by natural gas is set to be established by Unique Meghnaghat Power at Meghnaghat, Sonargaon in Narayanganj district.
Unique, a subsidiary of the Unique Hotel and Resorts, recently signed an array of agreements with Bangladesh Power Development Board (BPDB), the Power Grid Company of Bangladesh, and Titas Gas Transmission and Distribution Company Limited to set up the largest independent power producer (IPP) project.
With the BPDB, a 22-year power purchase agreement (PPA) was signed while implementation and gas supply agreements were inked with the government and Titas respectively.
Saiful Islam Azad, secretary of the BPDB, Chowdhury Nafeez Sarafat, managing director of Unique, Sheikh Faezul Amin, joint secretary to the power division, and Mahmudur Rahman Rab, secretary of Titas, signed the agreements.
Addressing the program at Bidyut Bhaban, Nasrul Hamid Bipu, state minister for power, energy and mineral resources, said the temporary liquid fuel-fired power plants would gradually be phased out.
“Implementation of all big power plants will be completed within the next four to five years while undisrupted power supply will be ensured during upcoming Eid-ul-Azha,” he said.