The Government of Bangladesh has awarded the Rangunia 55MW AC grid-tied solar power plant project to a Consortium led by Metito Group together with Jinko Power and AlJomaih Group.
The project will be developed on a Build Own Operate (BOO) basis under a 20 years concession agreement, which is in line with the Government’s vision to secure a more balanced energy-mix and a reduction in the environmental pollution in Bangladesh.
The Bangladesh Power Development Board (BPDB), pursuant to approval from the Power Division, Ministry of Power, Energy and Mineral Resources (MPEMR), awarded the project to the Consortium. BPDB had earlier announced the Consortium as the lowest bidder with the competitive tariff of $0.0748/kWh — the lowest tariff ever reported in Bangladesh.
The Consortium will build the power plant in Rangunia, Chattogram on land provided by BPDB and is well-equipped to commission the project by the second half of the year 2021. The power plant will be connected to the 132/33 kilovolts Chandraghona grid substation by a single circuit, 132 kVA line.
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Metito is a global leader and provider of choice for total intelligent water management solutions with over 60 years of experience covering three business areas: design and build, specialty chemicals, and utilities. Metito has recently extended its unmatched experience developing Public-Private Partnership Projects (PPPs) in the water sector to cover the alternative energy sector with focus on developing solar, wind and waste-to-energy power projects. Rangunia’s 55-MWe ac grid-tied solar power plant is the first alternative energy project for Metito in Bangladesh.
The energy transition and renewable energy are hot topics disrupting the utility industry in India and will be a key focus at the POWERGEN INDIA and Indian Utility Week summit which takes place in New Delhi this May. For more details visit https://www.powergen-india.com/ or indian-utility-week.com