Bangladeshi, Chinese companies team up to build 162-megawatt power plant

[SBUS-CXK]

DHAKA, Mar. 16 (Xinhua) -- A consortium of Chinese and Bangladeshi companies will build a 162-megawatt furnace oil-based power plant in Bangladesh.

Bangladesh's cabinet committee on purchase on Wednesday reportedly approved the plant which will be run under the build-own-operate basis for 15 years.

The consortium, comprising a Chinese coal power company, Bangladeshi Icon Enterprise Ltd. and Chase Power Ltd., will set up the plant in the country's Manikganj district, some 63 km northwest of capital Dhaka.

In line with a proposal paper, the Bangladeshi government will buy electricity from the plant at 10.5350 dollar cents per kilowatt hour.

 

[bête noire]

YAY! We need more energy and infra projects. The more the better. China is already building a lot of power plants. Two of which will come online in 2019 April and august I think and total of 2.6 GW. Chinese investment in Energy is crucial for BD. We have been energy scarce country but now BD is having energy infra boom with the massive amount of Chinese help.

 

[SBUS-CXK]

YAY! We need more energy and infra projects. The more the better. China is already building a lot of power plants. Two of which will come online in 2019 April and august I think and total of 2.6 GW. Chinese investment in Energy is crucial for BD. We have been energy scarce country but now BD is having energy infra boom with the massive amount of Chinese help.

a small correction -- it is not help, this is Chinese and Bangladesh cooperation.

I hope China and Bangladesh common development（this is what I have been saying from 2016 at PDF, Maybe some Bangladesh members have noticed me in 2016）. Bangladesh is good. It doesn't need Chinese help, so it's cooperation.

 

[HariPrasad]

Not a wise decision. BD should have gone for solar.

 

[bête noire]

Not a wise decision. BD should have gone for solar.

We aren't building any single type of energy infra. Just on top of my head, among that are already under construction are LNG based power plants, coal based power plants, oil and solar based plants and nuclear power plants. All under construction and most of them Will come online before 2020, with almost all of them over 1 or 2 GW each production capacity. Solar I think 5 plants, where 2 is reasonably sized and others are small ones. Government is diversifying energy sector massively, not relying on any single one.

a small correction -- it is not help, this is Chinese and Bangladesh cooperation.

I hope China and Bangladesh common development（this is what I have been saying from 2016 at PDF, Maybe some Bangladesh members have noticed me in 2016）. Bangladesh is good. It doesn't need Chinese help, so it's cooperation.

Of course. My point was, BD have been on an energy drive in the past over half decade and it was possible because we could get Chinese investment. In the end it's just business between two countries but investment on energy front is much appreciated by citizens like me.

 

[Flynn Swagmire]

I think any powerplant less than 1GW capacity is a waste of our precious space...

 

[Arthur]

I think any powerplant less than 1GW capacity is a waste of our precious space...

once the bigger powerplants comes online, most of these oil based small powerplants will be gone. Gas & solar will take the space.

 

[Flynn Swagmire]

once the bigger powerplants comes online, most of these oil based small powerplants will be gone. Gas & solar will take the space.

Why not NOW...

 

[Arthur]

Why not NOW...

Cuz when it comes to Gas based power plants we have skilled workforce, but not enough gas to run them.

And when it's about solar & wind, we don't have enough skilled workforce & companies to run them.

It's what I call a 'মাইনকা চিপা'। And when you get stuck in one you try to wiggle out of it, jumping won't work. And don't forget oiling will get you out of it faster.

 

[Śakra]

When is Walton going go build their cold fusion reactors? @Nilgiri @El Sidd @Skull and Bones @gslv mk3 @2800

 

[BitHeroBD]

When is Walton going go build their cold fusion reactors? @Nilgiri @El Sidd @Skull and Bones @gslv mk3 @2800

So sad those goons did not show up. Try again Fuckra

 

[TopCat]

When is Walton going go build their cold fusion reactors? @Nilgiri @El Sidd @Skull and Bones @gslv mk3 @2800

Walton is not in power business stupid. SUMMIT is very big in this business.

 

[bluesky]

Contrary to what people are saying about SUMMIT, the news itself says of two BD companies, none of them is SUMMIT.

"The consortium, comprising a Chinese coal power company, Bangladeshi Icon Enterprise Ltd. and Chase Power Ltd., will set up the plant in the country's Manikganj district".

 

[ziaulislam]

Actually 10.5 cents is cheap

 

[Śakra]

Walton is not in power business stupid. SUMMIT is very big in this business.

Nah Walton makes advanced nuclear reactors too. Instead of uranianum they run on hilsanum @El Sidd