The power generated from the project will be sold to Bangladesh Power Development Board under a power purchase agreement. The power will be sold at the rate of $0.215kWh for a period of 25 years.

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.

Some of the leading companies in the Bangladesh power market are Bangladesh Power Development Board (BPDB), Ashuganj Power Station Co Ltd., North West Power Generation Co Ltd., Bangladesh China Power Company, United Enterprises and co., Summit Power Ltd, Electricity Generation Company of Bangladesh, Rural Power Co Ltd., and B-R Powergen Ltd. In 2021, Bangladesh’s power generation market was dominated by Bangladesh Power Development Board (BPDB).

It is an integrated electric utility that generates using gas, furnace oil, diesel, hydro, coal and solar, and imports power from India. The company operates independent power plants/SIPP, rental power plants, and REB using steam turbines, gas turbines, combined cycle, reciprocating engines, hydro, and solar PV technologies. BPDB sells electricity on a wholesale basis to distribution utilities, Dhaka Power Distribution Company, West Zone Power Distribution Company Limited, Dhaka Electric Supply Company, Rural Electrification Board, and Northern Electricity Supply Company Ltd. It also retails energy in Chattogram, Cumilla, Mymensing, and Sylhet distribution zones. BPDC is headquartered in Dhaka, Bangladesh.

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