• Tuesday, Sep 28, 2021
  • Last Update : 02:21 pm

Beximco to set up 200MW solar power plant in Gaibandha with Chinese company

  • Published at 12:56 am October 27th, 2017
Beximco to set up 200MW solar power plant in Gaibandha with Chinese company
Teesta Solar Limited (TSL), a joint venture of Bangladesh’s Beximco Power Company Ltd and China’s TBEA Xinjiang Sunoasis Co Ltd has signed a power purchase agreement (PPA) with Power Development Board (PDB) to develop a 200 MW (AC) solar power plant in Gaibandha. Under the agreement, the PDB will purchase electricity from TSL’s plant for 20 years at the tariff of 15 US cents per kilowatt hour. Beximco Power will hold 80 % share of the venture while the rest portion will belong to the Chinese firm. TSL also inked an implementation agreement (IA) with Ministry of Power, Energy and Mineral Resources, and Power Grid Company of Bangladesh (PGCB) Limited in this regard. PDB Secretary Mina Masud Uzzaman and TSL Managing Director M Rafiqul Islam signed the PPA on behalf of respective companies. Sheikh Faezul Amin, joint secretary of Power Division and M Ashraf Hossain, company secretary of PGCB, signed the IA on respective sides’ behalf at Bidyut Bhaban in Dhaka, where State Minister for Power, Energy and Mineral Resources Nasrul Hamid was present as chief guest. ASF Rahman, Chairman of Beximco Group, and Salman F Rahman, vice-chairman of the conglomerate, also attended the event, where Power Division Secretary Dr Ahmed Kaikaus and PDB Chairman Khaled Mahmood  addressed, among others. Claiming that renewable energy like solar power holds the key to the future, Dr Kaikaus said: “We have targeted to generate at least 10% power from renewable sources by the year 2020, majority of which will come from solar panels.” Meanwhile, Rafiqul told the Dhaka Tribune that the plant will bring multifarious socio-economic changes in Sundarganj upazila of Gaibandha. He said there will be a great uplift of total communication infrastructure in the area as roads will be built to help connect with the project site. “Moreover, a project of this size will create hundreds of employments,” said the TSL managing director.
Facebook 50
blogger sharing button blogger
buffer sharing button buffer
diaspora sharing button diaspora
digg sharing button digg
douban sharing button douban
email sharing button email
evernote sharing button evernote
flipboard sharing button flipboard
pocket sharing button getpocket
github sharing button github
gmail sharing button gmail
googlebookmarks sharing button googlebookmarks
hackernews sharing button hackernews
instapaper sharing button instapaper
line sharing button line
linkedin sharing button linkedin
livejournal sharing button livejournal
mailru sharing button mailru
medium sharing button medium
meneame sharing button meneame
messenger sharing button messenger
odnoklassniki sharing button odnoklassniki
pinterest sharing button pinterest
print sharing button print
qzone sharing button qzone
reddit sharing button reddit
refind sharing button refind
renren sharing button renren
skype sharing button skype
snapchat sharing button snapchat
surfingbird sharing button surfingbird
telegram sharing button telegram
tumblr sharing button tumblr
twitter sharing button twitter
vk sharing button vk
wechat sharing button wechat
weibo sharing button weibo
whatsapp sharing button whatsapp
wordpress sharing button wordpress
xing sharing button xing
yahoomail sharing button yahoomail