The state owned North-West Power Generation Co Ltd (NWPGCL) is planning to build a 3600 MW re-gasification LNG combined cycle power plant in Patuakhali district.
“We will sign a non-binding memorandum of understanding (MoU) with is a German company, Siemens AG to build the 3600 MW LNG power plant in the first week of November this year,” NWPGCL Managing Director AM Khurshedul Alam told the Dhaka Tribune.
“We have opted to import LNG as the country is reeling from an acute gas crisis because the current reserves are depleting very fast. We have already an approval from the Power Division to set up the plant. We have selected Patuakhali as the location because there is a the maritime port there which will help when were are importing LNG. This may be a joint venture between NWPGCL and Siemens,” he said.
Currently, the cost of electricity per unit from a gas-run plant is less than Tk2 while the cost of electricity per unit produced from a diesel or furnace oil-run plant is Tk14 to Tk18.
NWPGCL has already decided to build another 750MW-850MW re-gasification LNG combined cycle power plant in Khulna.
NWPGCL Managing Director Khurshedul said: “We have planned to import around 125 million cubic feet per day
[mmcfd] equivalent of re-gasified LNG at Bangladesh-India border through an offshore LNG terminal from India’s West Bengal to the plant in Kulna.”
A joint venture company, the Coal Power Generation Company Bangladesh Limited (CPGCBL) and Japanese MITSUI has also decided to set up a 500MW-600MW re-gasification LNG combined cycle power plant in Matarbari inCox’s Bazar.
So far, the NWPGCL has implemented three power plants – one 225 MW Sirajganj plant, the other in 225 MW Khulna plant and another 360 MW dual-fuel Bheramara power plant.