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Toshiba to construct thermal power plant and port in Bangladesh

Staff Writer |
The three-party consortium of Sumitomo Corporation, Toshiba Corporation, and IHI Corporation signed an EPC contract with Coal Power Generation Company Bangladesh Limited for the construction of a ultra-super critical coal-fired thermal power plant as well as a deep sea port.

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A coal-fired thermal power plant and a deep sea port modeled on Kashima Port in Japan will be constructed at designated sites on Matarbari Island in southeastern Bangladesh under the project.

Using imported coal as fuel, this highly efficient ultra-super critical coal-fired thermal power plant will have generation capacity of 1,200MW (600MW x 2 units) and thereby will constitute more than 10% of the total generation capacity of Bangladesh.

The high efficiency ultra-super critical coal fired power plant equipment generates high pressure steam and temperatures that realize improved control of fuel consumption and CO2 emissions, and contributes to reducing environmental impact, which is Japan’s state of the art technology.

The first deep sea port in Bangladesh will be constructed adjacent to the Power Plant, contributing to further development of Matarbari’s hinterland.

The project shall be financed under Yen Credit by the Japan International Cooperation Agency (JICA), and the total project cost will amount to 500 billion yen, which is the biggest amount ever for a single contract financed by JICA. The construction is scheduled to begin in August 2017, and to be completed in July 2024.

Power shortages have been an issue for Bangladesh as its economy is rapidly growing and correspondingly demand for electric power is expected to rise from the present 9,000MW to as high as 35,000MW in 2030.

Currently, power generation with domestic natural gas accounts for around 65% of the country’s total generation capacity, while the government is enhancing generation capacity based on LNG and imported coal to secure more reliable energy resources in the long term.

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