"BPDB – Ghorashal Combined Cycle Power Plant 416 MW – Chittagong - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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Bangladesh Power Development Board (BPDB) is undertaking the construction of a combined cycle power plant in Chittagong, Bangladesh.
The project involves the construction of a 416MW combined cycle power plant comprising a new power generation unit and repowering of existing 210MW gas-fired boiler.
It will include the construction of a substation, a powerhouse, a control room, an administrative building, internal roads, boundary, water storage tanks and sump tanks.
It will also include the installation of turbines, cables, lighting poles, transformers, generators and 230kV switchgear, and the laying of transmission lines.
In December 2011, BPDB issued tenders for EPC contract with a submission deadline of April 5, 2012.
In February 2013, Power Division requested BPDP to negotiate with the Chinese bidder for a favorable interest rate and other fees. Once the negotiation is over BPDB will then issue the notice of award.
According to the contract, the EPC contractor will manage a lending agency to finance the project against the sovereign guarantee of Bangladesh. The BPDB will pay back the loan in a number of installments.
O&M Solutions has been appointed as project manager for the project.
In April 2014, Executive Committee of the National Economic Council (Ecnec) approved the construction of project. The government will provide US$94 million.
In February 2016, HSBC Bangladesh signed an agreement with BPDB to provide US$260 million funding for the project. The power board will repay the loan at 2.82 percent interest totaling US$333 million to HSBC in 10 years, with a three-year grace period.
On March 22, 2016, BPDB issued a tender for the design, supply, erection, installation, testing and commissioning of new substation (1.5 MVA,6.6/0.4KV) to connect with existing load on Turnkey basis with a submission deadline on April 21, 2016.
On July 22, 2016, BPDB appointed a consortium led by General Electric and China National Machinery and Equipment Import and Export Corporation (CMC) with a contract value of US$117 million to repower the existing 210MW Power Machines steam turbine, which is run by a gas-fired boiler to a combined cycle power plant.
On April 18, 2017, HSBC has invested US$333 million for the project.
Construction activities are underway. The project is expected to be completed in 2019.
The project involves the construction of a 416MW combined cycle power plant in Ghorasal, Bangladesh.
The US$700 million project includes the following:
1. Construction of a powerhouse
2. Construction of fuel storage and water storage units
3. Construction of waste treatment plants
4. Construction of administrative buildings and centralised control rooms