Unique Meghnaghat power station

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Unique Meghnaghat power station is an operating power station of at least 584-megawatts (MW) in Meghnaghat, Narayanganj, Dhaka, Bangladesh.

Location

Table 1: Project-level location details

Plant name Location Coordinates (WGS 84)
Unique Meghnaghat power station Meghnaghat, Narayanganj, Dhaka, Bangladesh 23.616284, 90.613311 (approximate)[1]

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 CHP Start year
1 Operating[2][3][4][5][6] fossil gas: LNG[7] 584[8] combined cycle[8] not found 2024[6][9][8]

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 Unique Meghnaghat Power Ltd [100%][2] Unique Group [26.0%]; General Electric Co [24.0%]; Strategic Finance Limited (SFL) [24.0%]; Qatar Electricity and Water Company QPSC [14.4%]; Ras Laffan Operating Company WLL [9.6%]

Background

Unique Group selected GE Power in October 2018 to develop the power plant, which will include "one 9HA.01 gas turbine, one heat recovery steam generator (HRSG), one steam turbine generator, condenser and associated systems."[10]

The LNG-based combined cycle power plant is expected to generate enough power for 700,000 homes in the area.[11]

The power plant, which commenced commercial operations in March 2024, was reported to have cost US$612 million, an investment financed at a 75:25 debt-equity ratio. Financial close for US$463 million in long-term project financing from foreign lenders was achieved in December 2023.[6]

In January 2024, the first US$360 million tranche of this lending was disbursed to Unique Meghnaghat Power Limited, with Standard Chartered, a UK-based commercial bank, providing US$240.24 million and the Asian Infrastructure Investment Bank (AIIB), Deutsche Investitions-und Entwicklungsgesellschaft (DEG – a German development financier), and the OPEC Fund for International Development (OFID) disbursing US$119.76 million collectively.[12] In total, the AIIB, a multilateral financial institution, committed a loan of US$110 million to the project.[13] OFID committed a loan of US$38 million to the project.[14]

Articles and Resources

References

  1. https://www.google.com/maps/place/Meghna+Ghat,+Bangladesh/@23.618594,90.5990123,15z/data=!3m1!4b1!4m5!3m4!1s0x37544d288e5cfc63:0x8a6e33defaf7c144!8m2!3d23.6162837!4d90.6133111. {{cite web}}: Missing or empty |title= (help)
  2. 2.0 2.1 https://web.archive.org/web/20210310014114/http://news.bjx.com.cn/html/20201026/1111747.shtml. Archived from the original on 2021-03-10. {{cite web}}: Missing or empty |title= (help)
  3. https://web.archive.org/web/20221123082614/http://www.umplbd.com/. Archived from the original on 2022-11-23. {{cite web}}: Missing or empty |title= (help)
  4. https://businesspostbd.com/stock/2023-03-15/unique-meghnaghat-power-signs-463m-foreign-loan-deal-2023-03-15. {{cite web}}: Missing or empty |title= (help)
  5. (PDF) https://web.archive.org/web/20240528181819/https://bpdb.portal.gov.bd/sites/default/files/files/bpdb.portal.gov.bd/page/771c9a89_a06c_4c2f_9b8c_699d17ed769a/2023-12-20-09-13-bc35a2ac1abda167c7c48437e4dc1061.pdf. Archived from the original (PDF) on 2024-05-28. {{cite web}}: Missing or empty |title= (help)
  6. 6.0 6.1 6.2 "Unique Meghnaghat Power goes into commercial operation". businesspostbd.com. Archived from the original on 2024-05-28. Retrieved 2024-05-28.
  7. (PDF) https://web.archive.org/web/20230518121544/https://bpdb.portal.gov.bd/sites/default/files/files/bpdb.portal.gov.bd/annual_reports/7b792f67_bf50_4b3d_9bef_8f9b568005c9/2022-11-29-05-22-0dea17e09d8a84e72a63312df6b5bdc6.pdf. Archived from the original (PDF) on 2023-05-18. {{cite web}}: Missing or empty |title= (help)
  8. 8.0 8.1 8.2 (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)
  9. https://web.archive.org/web/20240120032646/https://nebras-power.com/assets/listing/unique-meghnaghat-power-limited?language_content_entity=en. Archived from the original on 2024-01-20. {{cite web}}: Missing or empty |title= (help)
  10. GE Power Wins Order to Develop HA Powered Plant in Bangladesh, GE Power website, Oct 1, 2018
  11. GE Power to develop Meghnaghat power plant, Dhaka Tribune, Oct. 2, 2018
  12. Unique Meghnaghat Power receives first instalment of $463m loan, The Daily Star, Jan. 21, 2024
  13. Bangladesh: Unique Meghnaghat IPP, Asian Infrastructure Investment Bank project database, accessed May 28, 2025
  14. Strengthening reliable power generation in Bangladesh, OPEC Fund for International Development press release, Apr. 5, 2023

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.