Bangladesh offers PPA for 68 MW of solar at $0.102/kWh

Share

From pv magazine Global

The BPDB has signed a power purchase agreement to buy electricity from a 68 MW solar power plant under construction in northwestern Bangladesh’s Sirajganj district. It has agreed to buy electricity at $0.102/kWh from the solar facility, which is currently under construction by Bangladesh-China Renewable Energy Company (Pvt.) Limited (BCRECL).

The project is scheduled to begin commercial operations by the end of 2023.

Nirod Chandra Mondal, the joint secretary of the power division of the BPDB, said the PPA tariff was approved by the government.

“We are trying to lessen the power shortage by raising electricity from renewable sources,” he told pv magazine.

Chinese company Sinohydro was selected as the engineering, procurement, and construction contractor last year. BCRECL is a joint venture of Bangladesh’s North-West Power Generation Company and China National Machinery Import and Export Corp.

Bangladesh currently has a 950 MW of renewable energy capacity, with 716 MW coming from solar.

Authored by: Syful Islam

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Popular content

VinFast exploring Andhra Pradesh for second EV and battery plant in India
15 July 2024 Pham Sanh Chau, CEO of VinFast India, recently met with N. Chandrababu Naidu, chief minister of Andhra Pradesh, and proposed an investment of INR 4,00...