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Indian firm to get 225MW Sikalbaha power plant job

Update : 27 Apr 2014, 06:26 PM

The government has selected an Indian consultant firm to construct the donor-funded 225megawatt Sikalbaha gas-based power plant, which earlier missed several deadlines in completing tender process, official sources said.

The tender evaluation committee has selected Indian M/S Larsen and Toubro Ltd which was the lowest bidder among seven in the tender call.

Power Division sources said the plant is expected to help improve access to electricity, reliability and ensure quality supply to the consumers in the greater Chittagong area.

The other six international firms were JVCA of Shandong Runh Power and Hebei Electric, Consortium of Hyundai Engineering and Daewoo International, China Chengda Engineering Company Ltd, Shanghai Electric Group Company Ltd, JVCA of CNTIC and GTA and JVCA of CCC, and Sino Hydro & Harbin.

The development partners in the project include Kuwait Fund, Saudi Fund, Abu-Dhabi Fund and OPEC.

They will provide a total of Tk1,707.74 crore. The sponsors have already given consent to the selected firm for implementation, according to the Power Division.

The power division proposal will be placed in next meeting of cabinet committee on public purchase for approval.

Power Secretary Monowar Islam sent the proposal to the cabinet division this week, said officials.

In the duel-fuel plant, the electricity price has been set at $202.20 per megawatt. The price is however higher than that of Ashuganj 225MW combined cycle plant’s $200.70 and less than that of Khulna 225MW combine cycle plant, Power Division said. 

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