31909-014: BAN: MEGHNAGHAT POWER PROJECT

Project Data Sheet (PDS): Overview


Description

Located in southeast of Dhaka, on the northern bank of Meghna river, the Project entails the construction and operation of a 450 MW, combined-cycle, gas-fired power station. Meghnaghat Power Limited (MPL) will build, own, and operate the power plant in accordance with an Implementation Agreement between the Government and MPL, and a Power Purchase Agreement (PPA) with Bangladesh Power Development Board (BPDB). The PPA is for 22 years and BPDB will take or pay for all electricity generated up to a plant load factor of 85 percent. At this level of production, MPL will recover its full capacity and variable costs and generate a return on equity. The Project was conceptualized and developed by ADB as part of ADB's assistance to the sector. Read More

Country Bangladesh
Borrower/Equity Investment Name
Project Number 31909-014
Project Type or Modality of Assistance PS
Financing Private sector (Nonsovereign)
Status Approved
Approval Numbers 7165/1793
Approval Date 05 Dec 2000
Closing Date 11 Apr 2004
Geographical Location Meghnaghat, Southeast of Dhaka
Sector / Subsector Classification Energy
/ Conventional energy generation
Safeguard Categories Environment: A

Results Delivered

Installed energy generation capacity (megawatt equivalent) 450
Greenhouse gas emission reduction (tons of carbon dioxide equivalent per year) 291,426

The results data reported above are limited to ADB's core sectors, as defined under Strategy 2020 and tracked through indicators in the ADB Results Framework. For definitions of results indicators, please see the ADB Results Framework Indicators Definition.

 

 

Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

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Project Data Sheets (PDS)

Responsible ADB Officer
Juliette N. Leusink
Request for information

Responsible ADB Department
Private Sector Operations Department

Responsible ADB Divisions
Infrastructure Finance Division 1

PDS Creation Date
28 Aug 2006

Last PDS Update
21 Sep 2013

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