- PDB to purchase electricity from these solar plants for 20 yrs: Khalid Mahmud
Zahid Hossain Biplob: The government is going to set up five more solar power plants having a capacity of 227 MW generation capacity of electricity under private initiative with a view to enhancing the overall electricity output in the country. The 5 solar power plants at a cost of Tk 6,630 crore have recently been approved by the Cabinet Committee on Public Procurement.
Ranging between 10 to 100 MW, the plants will be installed at the districts of Jamalpur, Panchagarh, Nilphamari, Moulvibazar and one wind power plant at Sonagazi in Feni district, said Mahbubur Rahman, chief engineer (IPP) of the BPDB told to the Daily Industry recently.
While approving the proposals, the cabinet committee on public procurement, chaired by finance minister AMA Muhith, agreed to buy electricity from the plants at the rate of around US$0.1105 per kWh for 20 years.
Khaled Mahmood, Chairman of the Power Development Board on contacted told Daily Industry that the PDB would purchase electricity from these solar plants for 20 years.
“Many foreign investors are coming Bangladesh to invest in renewable sector which is a good sign for the sector,” he said.
“There are immense potentials for renewable energy in Bangladesh. Investment in power is very viable for with double digit return as well as very strong power purchase agreements and implementation agreements offered by the government,” added the chairman.
According to officials, a joint venture of CREC International Renewable Energy Co Ltd (CIRE) and BPDB-RPCL Powered Ltd, Bangladesh will install a 100 MW solar power plant at a cost of $360 million in the Jamalpur district.
Meanwhile, a consortium of ib vogt GmbH (Germany), Milner Vermogensverwaltungs GmbH (Germany) and Fu-Wang Bowling and Service Ltd (Bangladesh) will set up a 47 MW plant at a cost of $171 million in the Panchagarh district.
In the same district, another 20 MW plant will be installed by Rahimafrooz-Shunfeng Consortium at a cost of $70 million.
Finally, Scatec Solar ASA, Norway will install a 50 MW plant in the Nilphamari district for around $180 million, while Symbior Solar Siam & Holland Construction will build 10 MW in the Moulvibazar district at a cost of $35 million. Besides a wind power plant will be set up at Sonagazi in Feni district. The BPDB has agreed to buy wind power from the plants at the rate of around US$11.01 per cent, said chief engineer Mahbub.
By 2020, the government aims to cover 10% of its total electricity production from renewable sources. Currently, the country generates over 530 MW of electricity from renewable, of which nearly half comes from hydropower. A total of 5.2 million small-scale solar home systems are also said to contribute to this total.
BPDB director Saiful Hasan Chowdhury said on the new investment in solar power project, due to energy crisis in the country, we are giving priority to renewable energy.
He said, not only solar power but also we also are emphasizing the production of wind power. Even if there are more hydroelectric projects in the country, it is also going on with various experiments. Because we need to take these steps according to the country’s electricity demand.
Bangladesh’s electricity generation from renewable sources has passed the 5 per cent mark with the opening of a major new solar plant – boosting hopes the country might meet its goal of getting 10 per cent of power from renewable by 2020, experts say.
However, the South Asian country is aiming to generate 10 per cent of its power from renewable energy sources by 2020. Currently about 5.2 million small-scale solar home systems provide electricity to almost 12 per cent of Bangladesh’s 160 million people, said Dipal C. Barua, president of the Bangladesh Solar and Renewable Energy Association.
He called the new plant “good news” for the country, saying the accelerating construction of solar power facilities “will build confidence among future investors”.
However, experts said the country could generate 100 per cent of its electricity from renewable energy in 2050 if steps are taken to achieve the target.
Some 100 MW of electricity could be easily generated through using the abundant spaces in the country’s airports.”Already, solar power is being generated by using such spaces in New Delhi and Kolkata airports in India, sources said.
Many countries has already increased the share of solar power up to 25 percent of the total electricity generation as they put utmost emphasis on clean energy generation. 100 percent power generation from clean energy was targeted in the sustainable development goals (SDGs) of the United Nations.