The Phulbari Coal Fired Power Plant I is 2,000MW coal fired power project. It is planned in Rangpur, 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 2025 and is expected to enter into commercial operation in 2027. Buy the profile here.
The project is being developed and currently owned by China Gezhouba Group International Engineering and GCM Resources. The owners have 50% stake in the project respectively.
It is a Steam Turbine power plant that will be used for Baseload. The fuel will be procured from Phulbari Coal Mine.
The project cost is expected to be around $2,655.84m.
The project construction is expected to commence from 2025. Subsequent to that it will enter into commercial operation by 2027.
China Gezhouba Group International Engineering is expected to render engineering procurement construction services for the coal fired power project.
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About GCM Resources
GCM Resources plc (GCM Resources), is a mineral resource exploration and development company. The company acquires, explores and develops coal resources. 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.