Meghnaghat-II power station
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Meghnaghat-II power station is an operating power station of at least 590-megawatts (MW) in Meghnaghat, Narayanganj, Dhaka, Bangladesh.
Location
Table 1: Project-level location details
| Plant name | Location | Coordinates (WGS 84) |
|---|---|---|
| Meghnaghat-II power station | Meghnaghat, Narayanganj, Dhaka, Bangladesh | 23.608172, 90.595154 (exact)[1] |
Unit-level coordinates (WGS 84):
- 1: 23.608172, 90.595154
Project Details
Table 2: Unit-level details
| Unit name | Status | Fuel(s) | Capacity (MW) | Technology | CHP | Start year | Equipment | Emergency/Backup |
|---|---|---|---|---|---|---|---|---|
| 1 | Operating[2][3][4][5][6] | fossil gas: natural gas, fossil gas: LNG, fossil liquids: diesel[7][2][8] | 590[7][2][8] | combined cycle[2] | not found | 2024[3][6][2] | GE Power: 9HA.01[9] | no |
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 | Summit Meghnaghat Power Co Ltd [50%]; General Electric Co [50%][10][10] | General Electric Co [50.0%]; Summit Power International Ltd [50.0%] |
Ownership Tree
This ownership tree is part of the Global Energy Ownership Tracker, a project of Global Energy Monitor.
Background
This project is currently under construction.[11]
In 2017, General Electric won the project's engineering, procurement, and construction (EPC) agreement of US $390 million.[12]
In March 2019, Summit Meghnaghat II Power Company Limited (SMIIPCL), a subsidiary of Summit Group, and Bangladesh Power Development Board (BPDB) signed a 22-year power purchase agreement related to the plant.[12]
The plant is part of Bangladesh's goal of adding 40 GW of installed power capacity by 2030.[13]
Financing
Commencing commercial operations in 2024, the power plant was estimated to have cost US$510 million to build and develop.[14][15] The UK-based commercial bank Standard Chartered and the International Finance Corporation, the private finance arm of the World Bank, each provided loans of US$175 million for the project. SERV, Switzerland's export credit agency coordinated and backed the financing deal.[16] An equity investment totalling USD$150 million was made by General Electric, Chubu Electric Power, and Tokyo Electric Power Company (TEPCO).[17]
Articles and Resources
References
- ↑ https://www.google.com/maps/place/Summit+Meghnaghat+II+Power+Company+Ltd./@23.6084283,90.5942481,17z/data=!4m5!3m4!1s0x3755b3280f4dcd79:0x6dbf075df124a6bd!8m2!3d23.6084234!4d90.5964368.
{{cite web}}: Missing or empty|title=(help) - ↑ 2.0 2.1 2.2 2.3 2.4 https://web.archive.org/web/20221006225635/https://summitpowerinternational.com/committed-projects. Archived from the original on 2022-10-06.
{{cite web}}: Missing or empty|title=(help) - ↑ 3.0 3.1 https://summitpowerinternational.com/summit-meghnaghat-ii-power-company-limited.
{{cite web}}: Missing or empty|title=(help) - ↑ https://web.archive.org/web/20210809224104/https://www.dhakatribune.com/business/2020/07/14/2-subsidiaries-of-summit-power-win-international-awards. Archived from the original on 2021-08-09.
{{cite web}}: Missing or empty|title=(help) - ↑ https://web.archive.org/web/20220812062144/https://www.ge.com/news/press-releases/summit-meghnaghat-ii-welcomes-ges-first-ha-gas-turbine-in-bangladesh. Archived from the original on 2022-08-12.
{{cite web}}: Missing or empty|title=(help) - ↑ 6.0 6.1 https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/lng/030824-bangladesh-struggles-to-arrange-gas-supply-for-new-gas-fired-power-plants.
{{cite web}}: Missing or empty|title=(help) - ↑ 7.0 7.1 (PDF) https://web.archive.org/web/20220626173458/https://bdcom.bpdb.gov.bd/bpdb_new/resourcefile/annualreports/annualreport_1640756525_Annual_Report_2020-2021_latest.pdf. Archived from the original (PDF) on 2022-06-26.
{{cite web}}: Missing or empty|title=(help) - ↑ 8.0 8.1 https://web.archive.org/web/20221004204928/https://summitpowerinternational.com/meghnaghat-power-plant-ii. Archived from the original on 2022-10-04.
{{cite web}}: Missing or empty|title=(help) - ↑ "Power plant profile: Summit Meghnaghat II Combined Cycle Power Plant, Bangladesh". 2023-04-22. Archived from the original on 2024-05-28. Retrieved 2024-05-28.
- ↑ 10.0 10.1 https://web.archive.org/web/20221205101810/https://summitpowerinternational.com/summit-meghnaghat-power-company-limited. Archived from the original on 2022-12-05.
{{cite web}}: Missing or empty|title=(help) - ↑ 2 subsidiaries of Summit Power win international awards, Dhaka Tribune, Jul. 14, 2020
- ↑ 12.0 12.1 Progress on Bangladesh's 583MW Summit Meghnaghat II power plant, Construction Week Online, Mar. 19, 2019
- ↑ GE Power and Summit to co-develop gas power plant in Bangladesh, Power Technology, Mar. 19, 2019
- ↑ Meghnaghat 583 MW (Summit) Dual Fuel Power Plant (Unit 2), Energy Transition Bangladesh, last updated Oct. 12, 2023
- ↑ Summit Meghnaghat II Power Plant, NS Energy, Sep. 17, 2019
- ↑ Wafiur Rahman, Two subsidiaries of Summit Power win international awards, Dhaka Tribune, Jul. 14, 2020
- ↑ Summit Meghnaghat II CCGT Power Plant (583MW) IPP, IJGlobal Transaction Data, last updated Jan. 11, 2021
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.
