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Munshiganj HFO Plant

Sector: Commercial • Location: Dhaka, Bangladesh

Source: World Bank Group

Project
Active

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

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Project Information

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The project “Munshiganj HFO Plant” is an infrastructure initiative in the Commercial sector, located in Dhaka, Bangladesh. Taiyo aggregates data on it from World Bank Group.

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Participants

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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.

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High

Data quality score

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