Reliance Meghnaghat power station
|Part of the Global Gas Plant Tracker, a Global Energy Monitor and Center for Media and Democracy project.|
The satellite photo below shows the exact location of the proposed power station in Meghnaghat - Narayanganj District, Dhaka Division, Bangladesh.
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. The Samalkot unit had been "rendered defunct due to lack of gas."
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%."
The US$1 billion plant will be financed by loans chiefly from Japanese public and private institutions. In July 2020, Nikkei Asian Review reported that US$644 million in loans will be provided to the project by the Japan Bank for International Cooperation (JBIC), the Japan-led Asian Development Bank (ADB) and the three Japanese commercial megabanks Mizuho, Sumitomo Mitsui and MUFG. The state-owned Nippon Export and Investment Insurance will guarantee the private sector loans along with JERA's stake in the power plant. The Nikkei disclosed only JBIC's US$ 266 million contribution to the lending package.
- Sponsor: Reliance Power Bangladesh (51%) and JERA (49%)
- Parent company: Reliance Infrastructure Ltd. (51%), JERA (49%)
- Location: Meghnaghat - Narayanganj District, Dhaka Division, Bangladesh
- Coordinates: 23.607983, 90.596336 (exact)
- Gross capacity (proposed): 750 MW
- Financing: US$644 million in loans from JBIC, ADB, Mizuho, Sumitomo Mitsui and MUFG
Articles and Resources
- Reliance Power inks pact with Japan's JERA to set up 750 MW power project in Bangladesh, Economic Times, Sep 3, 2019
- Reliance Meghnaghat Combined-Cycle Power Project, NS Energy website, accessed Dec 23, 2019
- Reliance, JERA secure funds for gas-fired power project in Bangladesh, Offshore Energy, August 3, 2020
- Reliance Power partners with JERA for project in Bangladesh, Economic Times, Sep 4, 2019
- Shiori Goso, "Bangladesh LNG power plant backed by $645m in Japanese lending", Nikkei Asian Review, Jul. 15, 2020
- Serajul Quadir, Bangladesh signs deal with India's Reliance Power to buy electricity, Reuters, Sep 1, 2019