State Minister for Power, Energy and Mineral Resources Nasrul Hamid said that the Bangladesh-India Maitri Super Thermal Power Plant will strengthen energy security by supplying electricity at competitive prices. Besides, it will reduce dependence on other expensive fuels for power generation. The project will contribute to ensuring grid stability in Bangladesh as well as providing affordable, quality and uninterrupted power supply.
He said this at the inauguration ceremony of the second unit of Bangladesh-India Maitri Super Thermal Power Plant through video conference on Wednesday (November 1). State Minister of Power said that 1 lakh 16 thousand trees have been planted in the project area. CEGIS has been appointed to monitor the environmental parameters in the vicinity of the project throughout the year.
The 2660 MW Ultra Super Critical Coal Based Power Plant construction project is being implemented through Bangladesh-India Friendship Power Company (Pvt.) Limited (BIFPCL), a joint venture (50:50) of Bangladesh Power Development Board and India’s NTPC Limited. The project cost is about 2 billion US dollars.
The financier (lender) of the project is Bharat Exim Bank. An EPC contract has been signed with Bharat Heavy Electricals Limited for setting up the power plant. Commercial operation date of Unit-1 has been achieved on December 23, 2022. Full load operation is achieved in the second unit.