Meghnaghat (IEL) power plant
Sector: Oil and Gas • Location: Bangladesh
Source: World Bank Group
On April 2010, Instrumentation Engineers Limited (Consortium & Associates) Ltd, IEL (Bangladesh, 100%) a subsidiary of Orion group, signed rental agreement with Bangladesh Power Development Board (BPDB) for the construction and operation for a 5 years term of a 100 MW Heavy fuel oil (HFO) power plants at Meghnaghat.
Under the Rental agreement, IEL was to supply 100 MW of energy to BPDB for a ter
- Status
- Prospective
- Sector
- Oil and Gas, Power Generation (CCGT), Government
- Location
- Bangladesh
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency | |
Company |
Status
Original status | active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | On April 2010, Instrumentation Engineers Limited (Consortium & Associates) Ltd, IEL (Bangladesh, 100%) a subsidiary of Orion group, signed rental agreement with Bangladesh Power Development Board (BPDB) for the construction and operation for a 5 years term of a 100 MW Heavy fuel oil (HFO) power plants at Meghnaghat. Under the Rental agreement, IEL was to supply 100 MW of energy to BPDB for a term of 5 years. The remainder of the energy was to be sold to the public. Following a direct negotiation process, IEL was awarded to set up a 100 MW HFO power plant at Meghnaghat. The total project cost was 39.5 US millions and reached financial closure in March 2011. Note that the power plant started generation in June 2011. SPONSORS MISSING in the data http://www.orion-group.net/consortium.php |
Original sector | Energy |
Budget |
Location
Country | Bangladesh |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Oil and Gas, Power Generation (CCGT), Government |
Article published date | 2024-05-28 |
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