A consortium comprising Sumitomo, Toshiba, and IHI has secured an engineering, procurement, and construction (EPC) contract to develop a new 1,200MW ultra-super critical coal-fired thermal power plant in Bangladesh.
The contract was awarded by Coal Power Generation Company Bangladesh. It will also see the construction of a deep sea port in the country.
Modelled on the Kashima Port in Japan, the entire project will be built at designated sites on Matarbari Island in southeastern Bangladesh. The plant will feature two 600MW units and will use imported coal as fuel.
Generated electricity will account for more than 10% of the total power generation capacity of Bangladesh.
The high-efficiency ultra-super critical coal fired power plant equipment is designed to produce high-pressure steam and temperatures that offer improved control of fuel consumption and carbon emissions.
The Japan International Cooperation Agency (JICA) will provide funding to develop both the power plant and the port. The entire project is estimated to require an investment of JPY500bn ($4.58bn).
Construction is expected to begin this month and completed by July 2024.
Upon completion, the plant is expected to help Bangladesh meet its electricity demand, which is estimated to rise from the present 9,000MW to as high as 35,000MW in 2030.
Currently, Bangladesh’s existing natural gas-powered facilities account for around 65% of the country’s total generation capacity.