Munshiganj HFO Plant
Sector: Oil and Gas • Location: Bangladesh
Source: World Bank Group
The project entails the construction, development and operation of a Heavy Fuel Oil power plant in Munshiganj District, Bangladesh. The total output of the facility is 53.9 MW. Banco Energy Generation Limited is the project company that is undertaking the project on behalf of the sponsor - Doreen Group.
This is a greenfield project initiated as an Independent Power Producer on a Build Own Operate
- Status
- Prospective
- Sector
- Oil and Gas, Power Generation (CCGT), Government, Commercial
- Location
- Bangladesh
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency |
Status
Original status | active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The project entails the construction, development and operation of a Heavy Fuel Oil power plant in Munshiganj District, Bangladesh. The total output of the facility is 53.9 MW. Banco Energy Generation Limited is the project company that is undertaking the project on behalf of the sponsor - Doreen Group. This is a greenfield project initiated as an Independent Power Producer on a Build Own Operate basis. As such the project company benefits from a PPA with Bangladesh Power Development Board for 15 years. Total project cost was not disclosed, but two lenders provided a total of $26 million in project financing - Commerzbank and AKA Bank arranged by The City bank in Bangladesh. Financial closure was achieved on December 25th, 2017. Doreen Group to be added to sponsors' list. |
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, Commercial |
Article published date | 2024-10-01 |
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