Under the approval, first phase of 750 MW LNG-based power plant will be set up around 40 km south-east of Dhaka along with floating storage and re-gasification unit (FSRU) terminal at Maheshkhali Island.
Reliance Power on Wednesday said that the Bangladesh government has granted "in-principal" approved for the first phase of the company’s power generation project in the neighbouring country.
The gas-based power project will bring in the largest foreign direct investment (FDI) into India amounting to ~US$1.3 billion, Reliance Power said in statement.
The company will use equipment it had contracted for its Samalkot project in Andhra Pradesh.
Reliance Power was implementing a 2,400 MW gas-based power project at Samalkot in Andhra Pradesh.
The project was to be allocated gas from Reliance Industries’ KG-D6 block, but due to the sharp drop in production, the project has not received any gas so far.
“Reliance Power is proposing to install the world-class equipment procured from internationally reputed equipment suppliers for combined cycle power project at Samalkot in Andhra Pradesh, including advanced class 9FA machines supplied by GE, in the proposed project at Bangladesh. This will help set up the project on a fast-track basis,” the company said.
The first phase of the Bangladesh project will be commissioned in two years and will fulfill the country’s rising demand for electricity.
Under the approval, first phase of 750 MW LNG-based power plant will be set up around 40 km south-east of Dhaka along with floating storage and re-gasification unit (FSRU) terminal at Maheshkhali Island.
“Power plant land at Meghnaghat will be provided by Bangladesh Power Development Board (BPDB). FSRU based LNG terminal will supply re-gasified LNG for the power project and additional RLNG to PetroBangla,” Reliance Power said.
The gas-based power project will bring in the largest foreign direct investment (FDI) into India amounting to ~US$1.3 billion, Reliance Power said in statement.
The company will use equipment it had contracted for its Samalkot project in Andhra Pradesh.
Reliance Power was implementing a 2,400 MW gas-based power project at Samalkot in Andhra Pradesh.
The project was to be allocated gas from Reliance Industries’ KG-D6 block, but due to the sharp drop in production, the project has not received any gas so far.
“Reliance Power is proposing to install the world-class equipment procured from internationally reputed equipment suppliers for combined cycle power project at Samalkot in Andhra Pradesh, including advanced class 9FA machines supplied by GE, in the proposed project at Bangladesh. This will help set up the project on a fast-track basis,” the company said.
The first phase of the Bangladesh project will be commissioned in two years and will fulfill the country’s rising demand for electricity.
Under the approval, first phase of 750 MW LNG-based power plant will be set up around 40 km south-east of Dhaka along with floating storage and re-gasification unit (FSRU) terminal at Maheshkhali Island.
“Power plant land at Meghnaghat will be provided by Bangladesh Power Development Board (BPDB). FSRU based LNG terminal will supply re-gasified LNG for the power project and additional RLNG to PetroBangla,” Reliance Power said.
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