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Khulna 55 MW Quick Rental Power Plant

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Source: World Bank Group

Project
Active

In 2009, the Bangladesh Power Development Board (PBDB) awarded approximately 14 rental projects under the "quick" rental program which did not require a formal tender, and were unsolicited proposals. The QRPP projects were supposed to add about 1,000 MW of electricity to the national grid. The Khulna 55 MW Quick Rental Power Plant was awarded to Aggreko Plc [United Kingdom]. The plant began test o

Status
Prospective
Sector
Solar, Power Generation (CCGT), Government
Location
Bangladesh
Updated
22 Jul 2026
Source
World Bank Group

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The project “Khulna 55 MW Quick Rental Power Plant” is an infrastructure initiative in the Solar sector, located in Bangladesh. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status

Active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

In 2009, the Bangladesh Power Development Board (PBDB) awarded approximately 14 rental projects under the "quick" rental program which did not require a formal tender, and were unsolicited proposals. The QRPP projects were supposed to add about 1,000 MW of electricity to the national grid. The Khulna 55 MW Quick Rental Power Plant was awarded to Aggreko Plc [United Kingdom]. The plant began test operations in July 2010 and was operational as of November 2010 according to the PBDB electricity generation report. The toal project cost was estimated at US $13 million. To calculate this estimate, first the investment's present value (PV) was assumed by multiplying an assumed investment per kilowatt (US$600) by the plant’s installed capacity. The PV was then used to find an annual amortized payment, assuming 15 years as the expected asset life and a discount rate of 10%. This annuity payment was then multiplied by the term of the rental contract in years, giving the sponsor’s total estimated investment. Still operational in December 2012.

Original sector

Energy

Budget

Location

Country

Bangladesh

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Solar, Power Generation (CCGT), Government

Article published date

2024-09-19

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