A Bangladesh-Malaysia joint venture company is likely to win the contract for a 660MW LNG-based combined cycle power plant at Jamaldi in Meghnaghat under an unsolicited deal, sources at Power Division said.
The plant will be operated under a 22-year unsolicited deal. This will be the fourth LNG-based power plant to be allowed by the government.
The Consortium of Edra Power Holdings Sdn Bhd and Winnievision Power Ltd (EPH-WPL Consortium) proposed to implement the plant in 2019.
Winnievision Power Ltd is owned by former Army Chief General Iqbal Karim Bhuiyan, sources said.
Bangladesh Power Development Board (BPDB) will purchase per kilowatt of electricity from the proposed plant at Tk 5.4377 (USC$6.7972).
The tariff will be comparatively lower than other four LNG power plants approved by the Power Division.
