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Munshiganj Mawa Orion-Long King coal-fired plant

Sector: Power Generation (CCGT) • Location: Bangladesh

Source: World Bank Group

Project
Active

On December 2011, Orion-Long King, an Independent Power Producer, was signed a Build Own and Operate agreement with Bangladesh Power Development Board (BPDB) for the construction and operation for a 25 years term of a 522 MW, coal-fired power plant at Munshiganj Mawa. Orion-Long King was a joint venture between Orion Group (Bangladesh, 50 %) and Long King (China, 50%).

Under the BOO agreement, Or

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The project “Munshiganj Mawa Orion-Long King coal-fired plant” is an infrastructure initiative in the Power Generation (CCGT) sector, located in Bangladesh. Taiyo aggregates data on it from World Bank Group.

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Description

Description

On December 2011, Orion-Long King, an Independent Power Producer, was signed a Build Own and Operate agreement with Bangladesh Power Development Board (BPDB) for the construction and operation for a 25 years term of a 522 MW, coal-fired power plant at Munshiganj Mawa. Orion-Long King was a joint venture between Orion Group (Bangladesh, 50 %) and Long King (China, 50%). Under the BOO agreement, Orion-Long King was to supply 522 MW of energy to BPDB for a term of 25 years. The remainder of the energy was to be sold to the public. Following an international tender process, Orion-Long King was awarded to set up a 522 MW coal-fired power plant at Khulna. The total project cost was 578.9 US millions. The project reached financial closure in February 2012, after a BPDB's source. The BPDB will purchase electricity at 5.8497 US$ per unit 1kWh. Limited information on Financial Closure: more info needed

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