Investment in Rampal coal based power plant is being finalized. BHEL, an Indian company, will build Rampal power plant. Vell beat lowest price. Besides, EXIM Bank of India are interested to invest in Rampal. Various sources from Bangladesh India Friendship Power Company Limited (BIFPCL) inform this.
Source informs, three companies were submitted proposal to set up the 1320MW Bangladesh-India friendship super thermal power plant. Bharat Heavy Electricals Limited (BHEL) beat the lowest price. 22 September was the last date to submit tender. Those tender were examined by three month.
A high official of BIFPCL said, evaluation of those tenders is not over yet. So we can’t say the exact beat price. But in primary evaluation, it seems Veel may submit the lowest price. After final evaluation we will contract with the selected company in short time. He added, this power plant will be made by considering environment issue. There is a description in the submitted proposal what will be done to keep safe the environment. We are investigating the issue.
Recently Monowar Islam, secretary of power department, said, tender evaluation is over for Rampal. It is finalized which company will get the project.
Source informs, all companies who beat for Rampal are sought financial help from their local EXIM Bank. So, Vell will get investment from EXIM Bank to build the plant.
First unit, 660 MW, have to be completed within 41 month from the contract signing time and second within 46. So, by 2019 this coal based power plant will be completed. Estimated tk 210,45,60,00 may need to set up Rampal. 70 per cent of that money will be funded by loan. PDB and NTPC will invest the rest.
Bangladesh and India formed a joint company to set up Rampal coal based power plant. Earlier, in 2010 contract was signed. Now, Construction Company is being selected by floating tender.
Earlier, two consortium of companies and one company individually submit their tender. Marubeni Corporation from Japan and Larsen and turbo limited from India jointly submit the tender. Another consortium is Harbin Electric International Company Ltd., ETERN and fob laser ALSTOM from china. Beside this Bharat Heavy Electricals Limited (BHEL) individually submit tender. Three companies submit proposal though six were brought Rampal tender documents.
BIFPCL invited bids to set up Rampal power plant on February 15. The first deadline was May 18, later it was extended to July 18 and on September 22. The BIPCL authority informs the deadline was extended by request of the bidders.