The state-owned Ashuganj Power Station Company Ltd (APSCL) has signed a memorandum of understanding (MoU) with China Energy Engineering Corporation Ltd, commonly known as Energy China, to set up a 1,320MW coal-based power plant in Patuakhali.
APSCL Managing Director AMM Sazzadur Rahman and Energy China Director Dong Bin signed the MoU from their respective sides at Biduyt Bhaban in Dhaka on Thursday. It is the first MoU of Ashuganj Power Station Company for any coal-based power plant.
Among others, State Minister for Power, Energy and Mineral Resources Nasrul Hamid, Power Division Secretary Dr Ahmed Kaikaus, Power Development Board Chairman Khaled Mahmood were present the MoU signing ceremony.
Addressing the event, Nasrul Hamid said: “The prime objective of such projects is to bring electricity to every doorstep by 2021.
“Coal-based power plants are the key source of electricity at affordable prices. Emphasis has been given to energy diversification according to the objectives outlined in the Power System Master Plan 2016. By 2030, 30% of electricity will be produced from coal-based sources.”
Several solar power projects including the establishment of solar parks are being implemented, he said, adding that the government planned to set up more coal-fired power plants in an attempt to generate 20,000MW electricity by 2030.