12 proposals including 3 solar power plants approved

The Cabinet Committee on Government Purchase has approved 12 proposals including setting up three solar power plant projects in the private sector.

Finance minister AHM Mustafa Kamal presided over the virtual meeting on Wednesday. 

As per the first proposal, placed by the Power Division, a joint venture of Parker Bangladesh Limited and Sumitomo Corporation of Japan will set up a 200-MW solar power plant at a location in the Barapukuria coal-mine.
Under the second proposal, a joint venture of Fujian Yongfu Power Engineering Co Ltd of China, Air Waves Pvt Limited and Moni Traders Limited will set up 70-MW solar power plant in Bandarban from which the BPDB will buy per unit of power at $9.99 (equivalent to Tk 10.96) for a period of 20 years.

As per the third proposal, the joint venture of Electric Generation Company of Bangladesh and Marubeni Corporation of Japan will set up a 100-MW solar power plant at Sonagazi in Feni.

The state-owned Bangladesh Power Development Board (BPDB) will purchase electricity from the three plants.