Orion signs deal for 635MW coal-fired power plant in Munshiganj
- Apr 24, 2016 12:34 pm GMT
Local business conglomerate
As per the deal, Orion will install the plant within the next 45 months and the state-owned
"The tariff might decrease to between Tk 5.86 and Tk 6 in the context of falling price of coal in the global market," a top executive of the
"As per the plan, half the generated power will come from coal-fired plants by that time. That's why the government is allowing coal-fired power plants," he said. In point of fact, it isn't just 'allowing' these plants running on coal. If the senior Hasina confidante had his way - well, there's a good chance there would be nothing there.
The power secretary said that all the planned coal-fired power plants will be set up using the latest "ultra super critical technology".
"This is fully environment friendly which will not be harmful for the people of the country. So, people should not be panicked or worried," he said.
The project sponsor was formed as a joint venture company comprising
As per those deals, three power plants are planned to be set up--a 760 MW plant at Maowa in Munshiganj district, a 300 MW plant in Anwara of
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