Boalkhali power station (Beximco)

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Boalkhali power station (Beximco) is a cancelled power station in Boalkhali, Chittagong, Bangladesh.

Location

Table 1: Project-level location details

Plant name Location Coordinates (WGS 84)
Boalkhali power station (Beximco) Boalkhali, Chittagong, Chittagong, Bangladesh 21.55, 91.95 (approximate)

The map below shows the approximate location of the power station.

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Project Details

Table 2: Unit-level details

Unit name Status Fuel(s) Capacity (MW) Technology Start year Retired year
Unit 1 cancelled coal - unknown 660 ultra-supercritical

Table 3: Unit-level ownership and operator details

Unit name Owner
Unit 1 Power Construction Corporation of China Ltd (PowerChina) [100.0%]

Project-level coal details

  • Coal source(s): imported

Financing

  • Source of financing: China

Background

In 2014, the Beximco website stated, "Beximco Power Company Limited is venturing into establishing a 540 MW power project in Bangladesh. The planned 540 MW coal fired power plant will be the first commercial power plant in this country. This power project will pave the way for using imported coal in power generation in Bangladesh. With state-of-the art technology and environment friendly plant design, this power plant will bring new era to the power generation scenario of this energy craving nation." Further details were not available from Beximco.[1] One 2012 mention of the project cited 450 MW as the capacity level.[2]

In June 2016, Beximco Group and China Energy and Engineering Corporation (CEEC) entered into a strategic partnership to develop four major projects: an 8 MW solar power plant at Beximco Industrial Park, a 660 MW ultra-supercritical coal power plant at an unspecified location, a 200 MW solar power plant, and a joint venture energy company to build a ‘smart grid' and a countrywide distribution system. It was not known whether Beximco would continue to site the revived project in Boalkhali.[3]

In October 2016, it was reported Beximco signed an agreement with Chinese state-owned company China Resources to build two 660 MW coal plants, one at Boalkhali and one at Banshkhali in Chittagong. Beximco said it was in talks with companies from Indonesia, South Africa, and Mozambique to purchase coal for the power plants, and the Chinese partners were in talks with IPBC Bank and BOC Bank, both from China, to fund the plants.[4]

A separate wiki provides details about the Banshkhali power station (Beximco).

There have been no known developments related the Boalkhali project since 2016, so it appears to be shelved or abandoned.

On November 19, 2020, The Daily Star reported that Bangladesh's power, energy and mineral resources ministry had finalized an energy plan that cancelled all coal plants except five under construction. The Boalkhali power station (Beximco) was expected to be formally cancelled as a result, although it was not confirmed.[5]

The project is not mentioned in Beximco Group's 2021/2022 annual report.[6] The company is instead developing two solar projects, according to the report.

Liquefied Petroleum Gas plans

In 2018, Beximco Limited signed a memorandum of understanding (MoU) with GE Power to setup Bangladesh’s first Liquefied Petroleum Gas (LPG)-based power plant to generate 150 MW of electricity. Salman F Rahman, the Vice-Chairman of Beximco Group, said: “There are initiatives for natural gas, coal and oil-based power plants in Bangladesh (...) The government wants to generate electricity through alternative means. So, Beximco has taken up such an initiative to implement the goal."[7]

Articles and Resources

References

  1. "Energy," Beximco, accessed August 2014
  2. "Govt to buy 150MW power from commercial plants," Daily Sun, March 12, 2012
  3. "Beximco starts energy venture," The Independent, June 2, 2016
  4. Refayet Ullah Mirdha, "Beximco, Meghna tie up with Chinese investors for power," Daily Star, October 18, 2016
  5. Roy, Pinaki (2020-11-19). "Future not coal power". The Daily Star. Retrieved 2020-11-19.{{cite web}}: CS1 maint: url-status (link)
  6. "Annual report" (PDF). beximco.com. 2021.{{cite web}}: CS1 maint: url-status (link)
  7. "Beximco to set up LPG-based power plant," The Independent, July 12, 2018

Additional data

To access additional data, including an interactive map of coal-fired power stations, a downloadable dataset, and summary data, please visit the Global Coal Plant Tracker on the Global Energy Monitor website.