Bangladesh Utility Wants Partner For PV Project

Electricity Generation Company of Bangladesh Issues Expression Of Interest For Joint Venture Partner To Help Develop 100 MW Solar Power Project In Sonagazi, Feni District
03:44 PM (Beijing Time) - 14. November 2018
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EGCB says the 100 MW solar power plant will help the country in its 10% renewable energy goal in the total energy mix by 2020. Pictured is the Buriganga river in Bangladesh’s capital Dhaka. (Photo Credit: Nachoipd/www.goodfreephotos.com)

Key Takeaways

  • EGCB is looking for a joint venture partner to develop a 100 MW solar power plant
  • The prospective partner will enter a memorandum of understanding and a joint venture agreement with EGCB to work on the 100 MW project
  • Scope of work for the JV will be to arrange for finances, select an EPC contractor, look into land and infrastructure development, power evacuation planning, generation, O&M, sale of power from the project, among other tasks
  • The last date to submit filled in expression of interest documents is December 19, 2018

The Electricity Generation Company of Bangladesh Limited (EGCB) has issued an expression of interest (EoI) to select a joint venture (JV) partner for implementation of a 100 MW solar PV plant project. The project will be located at Sonagazi upazilla (sub-district) under Feni district.

EGCB plans to identify and select a prospective JV partner to enter a MoU and subsequently a joint venture agreement to develop the 100 MW project. The JV will be required to arrange for finances, select an EPC contractor, look into land and infrastructure development, power evacuation planning, generation, O&M, sale of power from the project, among other responsibilities.

All companies legally incorporated in any country, except Israel, are eligible to apply for the EoI, however it shouldn’t be a consortium. Last date to submit relevant documents is December 19, 2018. Details about the tender are available on the website of EGCB.  

The utility has 840 MW of current installed power capacity from conventional sources, and plans to add 150 MW of solar and 10 MW of wind power capacity at Sonagazi, Feni. The 100 MW PV project with a JV partner will help the country in its 10% electricity generation target from renewable energy sources by 2020, according to EGCB.

In July 2018, Bangladesh Power Development Board tendered 200 MW grid connected solar power capacity to be developed on BOO basis (see Bangladesh Issues 200 MW PV Tender).

Anu Bhambhani

Anu Bhambhani is the Senior News Editor of TaiyangNews

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Anu Bhambhani