The ACWA Moheshkhali LNG Power Plant is 3,600MW gas fired power project. It is planned in Chittagong, Bangladesh. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2024. Buy the profile here.
The project is being developed and currently owned by Acwa Power, Bangladesh Power Development Board and Saudi Aramco Energy Ventures. The company's ownership stake in the project stands as 33.34%, 33.33% and 33.33% respectively.
It is a Thermal power plant. The fuel will be procured from Saudi Aramco.
The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2024.
For more details on ACWA Moheshkhali LNG Power Plant, buy the profile here.
About Acwa Power
Acwa Power Co (Acwa Power), formerly International Company for Water and Power Projects, is a developer, investor, and operator of power generation, renewable energy and desalinated water production plants. It supplies electricity and potable water to its customers in the region. It generates power through oil, gas, solar and wind technologies. Acwa Power also offers operation and maintenance services to power and water desalination industry through its subsidiary, the First National Operations & Maintenance Company. The company has operations across the Middle East, Africa and Asia. Acwa Power is headquartered in Riyadh, Saudi Arabia.
About Bangladesh Power Development Board
Bangladesh Power Development Board (BPDB) is an integrated electric utility. It generates using gas, furnace oil, diesel, hydro, coal and solar; and imports power from India. The company operates independent power plants/SIPP, rental power plant and REB using steam turbine, gas turbine, combined cycle, reciprocating engine, hydro, and solar PV technologies. BPDB sells electricity on wholesale basis to distribution utilities, Dhaka Power Distribution Company, West Zone Power Distribution Company Limited, Dhaka Electric Supply Company, Rural Electrification Board and Northern Electricity Supply Company Ltd. It also retails energy in Chattogram, Cumilla, Mymensing, and Sylhet distribution zones. BPDC is headquartered in Dhaka, Bangladesh.
About Saudi Aramco Energy Ventures
Saudi Aramco Energy Ventures LLC (Saudi Aramco Energy Ventures), a subsidiary of Saudi Aramco, is a venture capital firm. The firm invests in the early-stage and high growth companies related to petrochemicals, upstream and downstream oil and gas, energy efficiency, renewables and water sectors. The company is headquartered Dhahran,Saudi Arabia.