Bangladesh on 19 march signed a Memorandum of Understanding (MoU) with China to set up a 1320 MW coal-based power plant in Patuakhali. This will be the second such project after the 1320MW Rampal power project in Bagerhat for which Bangladesh signed a contract with neighbouring India. The location also close to the Sundarbans. Bangladeshi state-owned North West Power Generation Company Limited (NWPGCL) and Chinese state-owned China National Machinery Import Export Corporation (CMC) will build the power plant under a joint venture. The project will involve a cost of about $2 billion.
On the occasions, Agriculture Minister Begum Matia Chowdhury said this is the part of the government’s plan to boost electricity generation by setting up coal-fired power plants.The government has outlined its vision to generate 24,000 MW power by 2021 and 40,000 MW by 2041.
The deal signing ceremony was attended, among others by Prime Minister’s Energy Advisor Dr. Tawfiq-e-Elahi Chowdhury, State Minister for Power and Energy Nasrul Hamid, Power Secretary Monwar Islam and Chinese Ambassador Li Jun in Dhaka.