GE on Wednesday said it has bagged a contract from the Shapoorji Pallonji Group (SP Group) to supply power generation equipment for the upcoming 220 mw power plant in the Bhola district of Bangladesh.
This will be GE’s second power plant in Bhola of the same capacity with the first being commissioned in 2015.
“The Bhola power project will be an important milestone for the Shapoorji Pallonji Group in Bangladesh, contributing towards increasing the country’s power generation capacity,” said Mitesh Soni, business head – power business, Shapoorji Pallonji Group.
The Bhola project is being developed by the SP Group as an independent power producer (IPP). The SP Group has signed a 22-year power purchase agreement with BPDB. The power plant will operate on duel-fuel technology using natural gas as the primary fuel and diesel as the back-up fuel and is expected to achieve commercial operations by December 2019. The project will result in supplying the equivalent power needed to provide electricity to 200,000 homes in Bangladesh.
“Countries in South Asia are accelerating towards achieving energy security which has led to greater investment in the sector. GE’s technology advantage and local presence in South Asia gives us an edge in addressing the needs of our customers in the region,” said Deepesh Nanda, CEO of GE’s Gas Power Systems in South Asia.