The Payra R-LNG Combined Cycle Power Plant is 3,600MW gas fired power project. It is planned in Barisal, 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 multiple phases. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in December 2024. Buy the profile here.
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Description
The project is being developed and currently owned by BP, China National Machinery Import & Export, North West Power Generation and Siemens Energy. The company's ownership stake in the project stands as 50%, 20%, 15% and 15% respectively.
It is a Combined Cycle Gas Turbine (CCGT) power plant. The fuel will be procured from BP Singapore Pte Ltd (BP).
Development status
The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by December 2024.
Contractors involved
Siemens Energy is expected to render engineering procurement construction services for the gas fired power project.
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About BP
BP Plc (BP) is an integrated oil and gas company. Its upstream operations include exploration, development and production of oil and natural gas, field development and production; and midstream operations include transportation, and marketing and trading of natural gas, including liquefied natural gas (LNG), and natural gas liquids (NGLs). The company’s downstream operations include marketing, transportation, refining, manufacturing, supply and trading of crude oil, petroleum, petrochemical products and provision of related services to wholesale and retail customers. BP provides fuel, energy, lubricants and petrochemicals to customers. The company has operational presence in Africa, Asia, Europe, Australasia, North America, and South America. BP is headquartered in London, Greater London, the UK.
About China National Machinery Import & Export
China National Machinery Import & Export Corp (CMC), a subsidiary of China General Technology (Group) Holding Ltd, is a provider of mechanical and electrical products. The company’s products comprise building materials, automobiles, construction machinery, generator sets, marine equipment and machinery, aircraft and aviation equipment. It offers services such as project management, automotive supply, international engineering contracting, auto marketing, domestic trade and engineering, investment and financing services, among others. The company serves transportation, energy, railway, light industry, shipbuilding, building materials, marine, aviation, and automobile industries. It has operations in Bangladesh, China, Pakistan, Vietnam, Indonesia, Sri Lanka and Turkey. CMC is headquartered in Beijing, China.
About North West Power Generation
North-West Power Generation Company Ltd is government owned organization which is focused on the generation of electricity for providing an impact on the development of country. It is headquartered in Dhaka, Bangladesh.
About Siemens Energy
Siemens Energy AG (Siemens Energy) is an energy technology company. It develops, produces, sells, and installs multi-megawatt wind turbines, gas turbines, gas engines, steam turbines and complete systems. The company offers a range of products and services for power generation, renewable energy, power transmission, power distribution, automation, smart grid, compression and expansion, and mechanical drives. It also provides solutions related to the production, conversion, and transportation of primary fuels, and oil and gas. Siemens Energy also operates integrated hydrogen power plants. The company serves various industries such as air separation, building complexes, ceramics, chemicals and pharmaceuticals, food and beverage, manufacturing, marine, metals, power, oil and gas, pulp and paper, sugar, and textiles. Siemens Energy is headquartered in Munich, Bavaria, Germany.
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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.
