Deals inked to produce 1,105 MW from coal, solar
Star Online Report
The government on Tuesday signed four agreements with Orion Group and Solarium Power Ltd for producing 1,105 megawatt of electricity from coal and solar system as part of its efforts to diversify energy sources.
Power Development Board (PDB) inked separate deals with Orion Group to set up three coal-based power plants at a ceremony at the Bidyut Bhaban in the city.
The plants will be set up at Mawa in Munshiganj with a capacity of 522 MW, Chittagong with a capacity of 282.67 MW and Khulna 282.67 MW.
Orion Group will invest US$ 1.4 billion to set up the load-based plants, said its Chairman Obaidul Karim.
PDB signed the fourth deal with Solarium Power Ltd, which will set up a thermal solar system in Mymensingh with a capacity of 18 MW, the country’s first renewable energy-based power plant with a capacity over one megawatt.
The plant will cost Tk 235 crore, Nazmul Abedin, managing director of Solarium, said at the signing ceremony.
The coal-based power plants will be ready between 36 and 45 months while Solarium plans to start commercial operation in two years.