Bangladesh proposes setting up coal-based power plant in India

Image
Press Trust of India New Delhi
Last Updated : Dec 12 2014 | 4:41 PM IST
To bolster bilateral energy ties, Bangladesh has suggested setting up of a thermal power plant through a joint venture in India.
In this regard, Bangladesh has proposed that a coal block could be allocated to the joint venture entity while power generated from the plant could be supplied to Bangladesh.
The proposed plant would be on the lines of 1,320 MW thermal project in Rampal -- being jointly developed by NTPC and Bangladesh Power Development Board (BPDB) -- in the neighbouring nation.
"We have proposed that if we are given a coal block (by the Indian government) in India, then we could develop a power plant through a joint venture, in the same way as we are doing in Rampal," Tawfiq Elahi Chowdhury, who is Energy and Power Advisor to Bangladesh Prime Minister Sheikh Hasina, told PTI here.
The proposal was discussed during Chowdhury's meeting with Power and Coal Minister Piyush Goyal here this week.
According to Chowdhury, India is very positive about the proposal.
Bangladesh, which is looking to increase its electricity supplies to meet rising demand, has an installed capacity of around 13,000 MW.
When asked about the progress of the 1,320 MW Rampal plant, Chowdhury said the first 660 MW unit is expected to be ready in four years time.
Project activities at the site have already started.
The project is being implemented by Bangladesh-India Friendship Power Company Pvt Ltd, an equal joint venture between NTPC and BPDB.
Besides, India is supplying about 500 MW of electricity to Bangladesh and plans are on the anvil to increase the same to 1,000 MW.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 12 2014 | 4:41 PM IST

Next Story