Bangladesh Power Development Board (BPDB) has agreement with ACWA Power to build a liquefied natural gas (LNG)-based power plant and terminal in Bangladesh
The plant will conceivably be situated in Maheshkhali, or a substitute, endless supply of the practicality study. As part of the contract, ACWA Power’s goal is to develop a 3,600 MW natural gas independent power plant with a total investment of 2.5 billion dollar, which will help meet the country’s growing power needs. As per ACWA Power contract with the Bangladesh Power Development Board (BPDB) to construct a Liquefied Natural Gas (LNG) power plant in Bangladesh.
Bangladesh’s power sector is one of the fastest growing sectors in South Asia because of an installed capacity of approximately 3,200 megawatts to 24,000 megawatts in 2009. which will be based on 2021 – 2041 vision of Bangladesh. ACWA power we will be contributing to the energy security of the country and guaranteeing the establishments of its prosperity for a long time into the future. BPDP Chairman and ACWA Power Chairman signed a contract for a NS/R-LNG (Natural Gas/ Regasified Liquid Nitrogen Gas) which will be based on combined cycle power plant and the largest agreement in the Bangladesh power industry.
ACWA Power will also cooperate with Saudi Aramco for the first time in such projects. Headquartered in Saudi Arabia, it is a developer, investor, co-owner and operator of a portfolio of power generation, renewable energy and desalination water production plants