The Matarbari Combined Cycle Power Plant is 500MW 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 2027 and is expected to enter into commercial operation in 2028. Buy the profile here.
Description
The project is being developed and currently owned by Coal Power Generation Company Bangladesh and Mitsui. The owners have 50% stake in the project respectively.
It is a Combined Cycle Gas Turbine (CCGT) power plant. The fuel will be procured from Petrobangla.
The project cost is expected to be around $600m.
Development status
The project construction is expected to commence from 2027. Subsequent to that it will enter into commercial operation by 2028.
For more details on Matarbari Combined Cycle Power Plant, buy the profile here.
About Mitsui
Mitsui & Co Ltd (Mitsui) is a business conglomerate. It distributes, purchases, markets and supplies wide variety of products in business areas including iron and steel; non-ferrous metals; machinery; electronics; chemicals; energy-related commodities; foods & retail, lifestyle, and consumer service. The company also participates in the other activities such as arranging finance for customers and suppliers in connection with its trading activities, organizing and coordinating international industrial projects, participating in financing, and investing arrangements, assisting in the procurement of raw materials and equipment, providing new technologies and processes for manufacturing and coordinating transportation and marketing of finished goods. It operates in the Americas, EMEA, and Asia-Pacific. Mitsui is headquartered in Tokyo, Japan
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
