Bangladesh: Contract to set up 55MW wind power plant at Mongla

DHAKA, 04 September 2022, (TON): A Chinese-Bangladeshi consortium will sign an agreement with Bangladesh Power Development Board to set up a 55MW wind power plant on build-own-operate basis at Mongla in Bagerhat.

As per the proposed deal, state-owned BPDB will purchase electricity from the independent power producer plant for over the period of 20 years.

Earlier, in December 2020, the Cabinet Committee on Government Purchase approved the proposal of a Chinese-Bangladeshi consortium to set up the power plant on build-own-operate basis.

As per the proposal of the Consortium of Envision Energy, Co Ltd, China, SQ Trading and Engineering, Bangladesh and Envision Renewable Energy Limited, Hong Kong will develop the plant under a new special project vehicle (SPV) company Mongla Green Power Ltd.

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