Isolux Ingenieria SA of Spain and Samsung C&T Corporation of South Korea are set to get the job of building the Bibiyana South, a 400MW gas-based combined cycle power plant project, in Habiganj as an engineering, procurement and construction (EPC) contractor.
“After receiving tender and evaluation, we have selected Isolux Ingenieria SA of Spain and Samsung C&T Corporation of South Korea from six companies and sent the proposal to the Power Division for approval,” Power Development Board Chairman Md Abduhu Ruhulla told the Dhaka Tribune yesterday.
“We hope that we will sign the company as an EPC contractor soon…After signing of the EPC contract, the PDB requires owner’s engineer for the implementation of this project. Construction period for this project is 900 days including a simple cycle completion time of 720 days,” he added.
The PDB has already invited the expression of interest (EOI) from reputed international engineering consulting firms to indicate their interest in providing consultancy services as owner’s engineer for the construction of the plant. The last date for EOI submission is July 16.
Around Tk1,800 crore will be used from the consumers’ bill fund set up by the Bangladesh Energy Regulatory Commission – named Energy Development and Maintenance Fund – for the construction of the plant.
A power plant of this capacity requires at least Tk4,000 crore to be constructed, while every year nearly Tk700 crore is deposited to the fund.
Alongside the Bibiyana South, another plant named Bibiyana 3 with a 399MW gas-based power plant will be built under the PDB.
The PDB signed a deal with Marubeni Corporation of Japan last June and Hyundai Engineering and Construction Co of South Korea to build the Bibiyana 3 plant, and its full operation is expected to commence in September next year.
