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November 26, 2021

Phulbari Coal Fired Power Plant II, Bangladesh

By Carmen

The Phulbari Coal Fired Power Plant II is 2,000MW coal fired power project. It is planned in Rangpur, 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 2,000 2,000 Permitting Rangpur, Bangladesh GCM Resources; Power Construction Corporation of China

Description

The project is being developed and currently owned by GCM Resources and Power Construction Corporation of China. The company’s ownership stake in the project stands as 80% and 20% respectively.

It is a steam turbine power plant. The fuel will be procured from Phulbari coal mine.

The project cost is expected to be around $2,766.046m.

The thermal power project will consists of 2 turbines each with 1,000 MW nameplate capacity.

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Development Status

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

Contractors Involved

Power Construction Corporation of China is expected to render EPC services for the coal fired power project.

About GCM Resources

GCM Resources plc (GCM Resources), is a mineral resource exploration and development company. The company acquires, explores and develops coal resource. It has interest in Phulbari Coal and Power project located in Dinajpur District of Northwest Bangladesh. GCM Resources’ project explores 572 million tonnes of thermal coal with low ash metallurgical coal. The company’s product is used in various sectors such as industry and power generation. It has operations in Bangladesh and the UK. GCM Resources is headquartered in London, England, the UK.

About Power Construction Corporation of China

Power Construction Corporation of China (PowerChina) is a state-owned construction company. It provides contracting, survey and design services for water conservation, wind power, thermal power, hydropower projects and power and infrastructure projects. PowerChina also manufactures power station auxiliary equipment and metal component products. It offers engineering, procurement and construction (EPC) services to hydropower, water works, thermal power, energy, and transmission and distribution projects. PowerChina’s brands include Hydrochina, Sepco III, Hypec and Sinohydro. The company carries out real estate, investment and finance businesses, and provides operations and maintenance (O&M) services. The company executes construction projects in Asia Pacific, Middle East, Africa, the Americas and Europe. PowerChina is headquartered in Beijing, 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.

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