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November 30, 2021

EWP Chattogram LNG Power Plant, Bangladesh

By Carmen

The EWP Chattogram LNG Power Plant is 1,200MW gas fired power project. It is planned in Chittagong, Bangladesh. The project is currently in announced stage. It will be developed in multiple phases. The project construction is likely to commence in 2022 and is expected to enter into commercial operation in 2025.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Thermal 1,200 1,200 Announced Chittagong, Bangladesh Fortune Energy; Korea East-West Power; Pacific Energy

Description

The project is being developed by Fortune Energy, Korea East-West Power and Pacific Energy. These companies also have ownership stakes in the project.

It is a thermal power plant.

Development Status

The project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2025.

About Fortune Energy

Fortune Energy Inc (Fortune Energy) is a renewable energy equipment company that distributes solar equipment. It offers products such as project design service, solar panels, inverters, racking and mounting, monitoring and metering, BOS, solar kits and shipping. Its products also includes project design memebership program, WINAICO, canadian solar, LG solar panels, solar world, silfab, solaria, sunpreme, talesun, enphase, fronius, SMA, solaredge, fortune energy, oatey, return and damage, among others. The company project design services for residential and commercial projects across the US. It has its operations in California and Massachusetts, the US. Fortune Energy is headquartered in Sacramento, California, the US.

About Korea East-West Power

Korea East-West Power Co Ltd (EWP), a subsidiary of Korea Electric Power Corp, is a state-owned electric utility producer. It generates and supplies the electricity. It produces electricity from various sources including coal, oil, liquefied natural gas, mini hydro, and renewable sources such as solar, wind, biomass, and bio gas. The company also offers plant construction, engineering, plant operations, and plant maintenance services; and financial investment services for the exploration and development of mines. EWP serves in domestic and overseas regions. It has operating and developing interests in power generation facilities in North America, Latin America and the Caribbean, Asia, and Oceania. EWP is headquartered in Jung-gu, Ulsan, South Korea.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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