India’s Sembcorp Gayatri Power Limited (SGPL) power plant has won a tender from Bangladesh Power Development Board (BPDB) to supply 250MW of power for 15 years.
SGPL is wholly owned by Sembcorp’s India power arm, Sembcorp Energy India (SEIL).
BPDB has sent letters of intent (LoI) to SGPL, with plans to begin the power supply upon completion of procedural requirements and relevant government approvals.
SEIL managing director Vipul Tuli said: “We are pleased to have emerged as the successful bidder in this tender, and look forward to commencing supply of power under a tariff that is competitive for Bangladesh and sustainable for our company.
“Our participation and success in this bid fit into SEIL’s strategy of providing cost-competitive and reliable power, while prudently contracting our balance open capacity at viable tariffs.”
Sembcorp has been active assisting Bangladesh in meeting its electricity requirements.
In addition to participation in this tender, Sembcorp Group is part of the consortium engaged in the construction of the Sirajganj Unit 4 power project in Bangladesh.
This 426MW power plant is expected to begin open-cycle operations later this year and is slated to commence its full commercial operations by next year.
Sembcorp has been offering solutions to the energy and utilities value chain, with a focus on the gas, power, and renewables sectors.
Currently, it has a balanced energy portfolio of over 12,000MW including thermal power plants, renewable wind and solar power assets, as well as biomass and energy-from-waste facilities.