Sonagazi Solar PV Park 1 is a 100MW solar PV power project. It is planned in Chittagong, Bangladesh. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2022 and is expected to enter into commercial operation in 2023.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 100 | – | 100 | Permitting | Chittagong, Bangladesh | Electricity Generation Company of Bangladesh; Marubeni |
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Description
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The project is being developed and currently owned by Electricity Generation Company of Bangladesh and Marubeni. The owners have 50% stake in the project respectively.
Sonagazi Solar PV Park 1 is a ground-mounted solar project.
The project cost is expected to be around $115.93m.
Development Status
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By GlobalDataThe project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2023.
About Electricity Generation Company of Bangladesh
Electricity Generation Company of Bangladesh Ltd (EGCB) is an electric generation company of Bangladesh Power Development Board (BPDB). The company operates two power plants at Siddhirganj and one at Haripur in Narayanganj. In Siddhirganj it operates 2×120 MW peaking power plant; and 335 MW combined cycle power plant; and 412MW combined cycle power plant in Haripur, Narayanganj. It supplies produced power to BPDB under power purchase agreement and for other entities. EGCB also has running construction project of 50 MW solar power plant project in Sonagazi. EGCB is headquartered in Dhaka, Bangladesh.
About Marubeni
Marubeni Corp (Marubeni) is an integrated trading and investment business that operates through its domestic and overseas subsidiaries. The company provides various products and commodities such as marine products, chemicals, energy, metals and minerals, machinery, textiles, forest products and general merchandise, and pulp and paper. It also offers finance, logistics, development and construction services. The company explores transports, stores and markets natural resources. Marubeni provides insurance and reinsurance, fund and Japan real estate investment trust management and property management services, and operates transportation infrastructure projects. It has operations across North America, Central and South America, Europe, Africa, Asia, and Oceania. Marubeni is headquartered in Tokyo, Japan
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
