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 |
| 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.
The Public Communications Policy (PCP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.
The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.
In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.