The Mirsharai Coal Fired Power Plant is 1,320MW coal fired power project. It is planned in Chittagong, Bangladesh. The project is currently in permitting stage. It will be developed in multiple phases. The project construction is likely to commence in 2023 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 1,320 – 1,320 Permitting Chittagong, Bangladesh Hangzhou Jinjiang Group; Hangzhou Zhengcai Holding Group; Jindun Energy Equipment Hongkong

Description

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The project is being developed by Hangzhou Jinjiang Group, Hangzhou Zhengcai Holding Group and Jindun Energy Equipment Hongkong. These companies also have ownership stakes in the project.

It is a steam turbine power plant.

The project cost is expected to be around $2,529.47m.

Development Status

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The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2025.

Power Purchase Agreement

The power generated from the project will be sold to Bangladesh Power Development Board under a power purchase agreement. The power will be sold at the rate of $0.081kWh for a period of 25 years.

About Hangzhou Jinjiang Group

Hangzhou Jinjiang Group Co Ltd (Hangzhou Jinjiang) is a power generation and management company that provides waste combustion solutions. The company provides technologies for solid waste circulating fluidized-bed boilers to burn garbage, and to conduct power generation by utilizing the low calorific value fuels. It is integrated with commerce and trade in industries such as energy, non-ferrous metal, chemical, and others. Hangzhou Jinjiang produces smelter-grade sandy alumina products; primary aluminum; coal chemicals; and salt chemicals for various industries, such as paper making, petrochemical, alumina, and other industries. It operates through power plants located in Shandong, Anhui, Henan, Zhejiang, Yunnan, Hubei, Sinkiang, and others. Hangzhou Jinjiang is headquartered in Hangzhou, China.

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.