Solar power plants proposals likely to be okayed today

Proposals on setting up four solar power plants of 258 megawatt in different places across the country to generate a total of 258 megawatt electricity will be placed at the cabinet committee meeting on public purchase today. Finance Minister AMA Muhith will preside over the meeting. As per the proposals, four firms including one Chinese, another from the UAE and a local firm, Paragon Poultry Ltd, are likely to get the job which aims to meet the growing demand of the electricity, said official sources. Power Division officials said as part of the government target of generating 2000MW from renewable sources by 2020, the Division has allowed to set up the plants. “The government aims to reach a target of 2000MW or 10% of overall capacity to be generated from renewable sources by 2020,” said an official. As per the proposal, the government will buy 258MW electricity from the plants in next 20 years at a cost of Tk7,031.88 crore. The consortium of Energon Technologies FZE of the UAE and China Sunergy will set up a 100MW solar power plant at Borodurgapur mouja in Mongla, Bagerhat under Build Own Transfer system. The government will buy per unit electricity at Tk11.04 and total cost in 20 years will be Tk3,578.28 crore. The joint venture of Paragon Poultry and Parasol Energy Ltd Bangladesh and Symbior Solar of Hong Kong will establish an 8MW solar power plant at Tatulia upazila, Panchagarh. The government will buy per unit electricity at Tk10.40 from the plant with a total cost of Tk268.80 crore in 20 years. The consortium of Hanwha 63 city company, BJ Power Company and Solar City Bangladesh Power Company will set up a 50MW solar power plant at Ghosh Para upazila, Tangail.