Reliance Meghnaghat power station
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Reliance Meghnaghat power station is a power station under construction in Meghnaghat, Narayanganj, Dhaka, Bangladesh.
Location
Table 1: Project-level location details
| Plant name | Location | Coordinates (WGS 84) |
|---|---|---|
| Reliance Meghnaghat power station | Meghnaghat, Narayanganj, Dhaka, Bangladesh | 23.607983, 90.596336 (exact)[1] |
The map below shows the exact location of the power station.
Unit-level coordinates (WGS 84):
- 1: 23.607983, 90.596336
Project Details
Table 2: Unit-level details
| Unit name | Status | Fuel(s) | Capacity (MW) | Technology | CHP |
|---|---|---|---|---|---|
| 1 | Construction[2][3][4][5][6] | fossil gas: natural gas[5] | 750[5] | combined cycle[7] | not found |
CHP is an abbreviation for Combined Heat and Power. It is a technology that produces electricity and thermal energy at high efficiencies. Coal units track this information in the Captive Use section when known.
Table 3: Unit-level ownership and operator details
| Unit name | Owner | Parent |
|---|---|---|
| 1 | Reliance Power Ltd & JERA JV [100%][7] | Reliance Power Ltd [51.0%]; Chubu Electric Power Co Inc [24.5%]; Tokyo Electric Power Co [24.5%] |
Background
This project came out of a memorandum of understanding signed in 2015 between India and Bangladesh Sheikh Hasina to set up 3,000 MW gas-based combined cycle power project in phases in Bangladesh. In this first phase, Reliance Power will relocate one module of equipment from its combined cycle power project at Samalkot in Andhra Pradesh for the project in Bangladesh.[8] The Samalkot unit had been "rendered defunct due to lack of gas."[9]
The plant will be situated on a 100-acre parcel of land that also hosts three more power plants -- Meghnaghat combined-cycle power plant (450 MW), Summit Meghnaghat Power Company (335 MW) and Orion Power Meghnaghat Power Plant (100MW). NS Energy reports:
- "It will feature two 242MW GE 9FA gas turbines, electrical generators, two horizontal-type heat recovery steam generators (HRSG), and a 269MW steam turbine generator. It is expected to be operated at an efficiency of more than 60%."[10]
The plant was expected to come online in August 2022,[8][11]however, the progress in construction stood at 69 per cent as against the targeted 77.3 per cent until March 2022.[12]
Financing
The US$1 billion plant is being financed by loans chiefly from Japanese public and private institutions. In July 2020, Nikkei Asian Review reported that US$644 million in loans was being provided to the project by the Japan Bank for International Cooperation (JBIC), the Japan-led Asian Development Bank (ADB) and the three Japanese commercial megabanks Mizuho, Sumitomo Mitsui Banking Corporation and MUFG. The state-owned Nippon Export and Investment Insurance is guaranteeing the private sector loans along with JERA's stake in the power plant. The Nikkei specified only JBIC's US$266 million contribution to the lending package.[13]
Additional finance information shows the plant's construction cost totalling US$1.83 billion. JBIC announced on July 31, 2020 that it had signed a loan agreement with Reliance Bangladesh LNG & Power Limited involving the provision of project financing up to US$265 million.[14] The ADB awarded US$200 million in financing for the project. The lending package comprises a US$100 millon loan from the ADB and a further US$100 million loan from the Leading Asia’s Private Infrastructure Fund, which is administered by the ADB.[15] Nippon Export and Investment Insurance (NEXI), like JBIC a Japanese government entity, will guarantee private-sector loans along with JERA's stake in the power plant. The arrangement will cover losses in the event of conflict or nonpayment of power fees. NEXI noted that it was covering US$177 million in loans provided collectively by the following commercial banks: Mizuho, Sumitomo Mitsui Banking Corporation, MUFG, and Societe Generale.[16] Reliance Power, Chubu Electric Power, and Tokyo Electric Power have together made an equity investment of US$541 million.[17]
Articles and Resources
References
- ↑ https://www.google.com/maps/place/Meghnaghat+Power+Limited/@23.6090618,90.599703,17z/data=!4m12!1m6!3m5!1s0x3755b2d236d5213f:0x7fa2c00b9098f6e9!2sMeghnaghat+Power+Limited!8m2!3d23.6090569!4d90.6018917!3m4!1s0x3755b2d236d5213f:0x7fa2c00b9098f6e9!8m2!3d23.6090569!4d90.6018917.
{{cite web}}: Missing or empty|title=(help) - ↑ https://web.archive.org/web/20220605041732/https://thefinancialexpress.com.bd/trade/meghnaghat-plant-may-miss-deadline-1654396676. Archived from the original on 2022-06-05.
{{cite web}}: Missing or empty|title=(help) - ↑ (PDF) https://bpdb.portal.gov.bd/sites/default/files/files/bpdb.portal.gov.bd/page/771c9a89_a06c_4c2f_9b8c_699d17ed769a/2024-01-09-11-54-9f8a57197b00016ccc7cbf5301b83957.pdf.
{{cite web}}: Missing or empty|title=(help) - ↑ https://www.reuters.com/business/energy/appec-japans-jera-considering-vietnam-gas-fired-power-plant-investment-2024-09-11/.
{{cite web}}: Missing or empty|title=(help) - ↑ 5.0 5.1 5.2 https://web.archive.org/web/20221020111918/https://www.reliancepower.co.in/gas-based-projects. Archived from the original on 2022-10-20.
{{cite web}}: Missing or empty|title=(help) - ↑ "New gas-fired power plants add to electricity burden". The Financial Express. Archived from the original on 2024-05-28. Retrieved 2024-05-28.
- ↑ 7.0 7.1 https://web.archive.org/web/20221006210352/https://www.power-technology.com/projects/reliance-gas-power-plant-meghnaghat/. Archived from the original on 2022-10-06.
{{cite web}}: Missing or empty|title=(help) - ↑ 8.0 8.1 Reliance Power inks pact with Japan's JERA to set up 750 MW power project in Bangladesh, Economic Times, Sep 3, 2019
- ↑ Reliance Power partners with JERA for project in Bangladesh, Economic Times, Sep 4, 2019
- ↑ Reliance Meghnaghat Combined-Cycle Power Project, NS Energy website, accessed Dec 23, 2019
- ↑ Serajul Quadir, Bangladesh signs deal with India's Reliance Power to buy electricity, Reuters, Sep 1, 2019
- ↑ The Financial Express. "Meghnaghat plant may miss deadline". The Financial Express. Retrieved 2022-12-06.
- ↑ Shiori Goso, "Bangladesh LNG power plant backed by $645m in Japanese lending", Nikkei Asian Review, Jul. 15, 2020
- ↑ "Project Financing for Meghnaghat Natural Gas-Fired Combined Cycle Power Plant Project in Bangladesh", JBIC press release, Jul. 31, 2020
- ↑ "Bangladesh : Reliance Bangladesh Liquefied Natural Gas and Power Project", ADB Project Data Sheet, last updated Apr. 11, 2025
- ↑ "People’s Republic of Bangladesh/NEXI to Provide Investment and Loan Insurance to Support Meghnaghat 718MW Natural Gas Combined Cycle Power Plant Project", NEXI press release, Jul. 31, 2025
- ↑ "Meghnaghat Gas-Fired Power Plant Phase I (745MW) IPP", IJGlobal, last updated Sep. 3, 2024
Additional data
To access additional data, including an interactive map of gas-fired power stations, a downloadable dataset, and summary data, please visit the Global Oil and Gas Plant Tracker on the Global Energy Monitor website.
