The Phulbari Coal Fired Power Plant II 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.
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 $2,655.84m.
The thermal power project will consists of 2 turbines each with 1,000 MW nameplate capacity.
Development status
The project construction is expected to commence from 2025. Subsequent to that it will enter into commercial operation by 2027.
Contractors involved
Power Construction Corporation of China is expected to render engineering procurement construction services for the coal fired power project.
For more details on Phulbari Coal Fired Power Plant II, buy the profile here.
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.
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. PowerChina offers engineering, procurement, and construction (EPC) services to hydropower, waterworks, 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 the Asia Pacific, Middle East, Africa, the Americas, and Europe. PowerChina is headquartered in Beijing, China.