Company information

:

The Company is a JV Company. Established by JV among six companies of S. Alam Group (holding 70% of the equity), SEPCOIII Electric Power Construction Corporation, China and HTG Development Group Co. Ltd., China

Location of the Plant

:

Paschim Gandamara and Alokdia, Banshkhali, Chittagong

Capacity (MW)

:

Gross: 2x660 MW & Net: 2x 612 MW, Coal Fired

Type of fuel

:

Coal (Imported)

Project Agreements (PPA & IA) signed with GOB, PGCB, BPDB

:

16 February 2016

Contract effective date

:

16 February 2016

Consumer

:

Bangladesh Power Development Board (BPDB)

Project Cost

:

2,487.87 Million USD

Debt Financing from China

:

1,759.07 Million USD

PROSPECT FINANCIER BY ECA FINANCE

:

China Development Bank
Bank of China
China Construction Bank

Insurer

:

SINOSURE

EPC Contractor

:

SEPCOIII Electric Power Construction Corporation, China

Required Commercial Operation Date (RCOD)

:

April 2020

Key Technical

:

Main Machine and Auxiliaries (BOP) from China, USA, Korea, Germany, India

MAJOR CONSULTANTS AND ADVISORS ARE WORKING FOR THE PROJECT

Legal Counsel

:

Milbank , Tweed, Hadley & McCloy LLP, Singapore

Financial Adviser

:

Initially was BNP Paribas (China) Limited, China
Now Deloitte & Touche Financial Advisory Services Limited, China

Engineer

:

Lahmeyer International (India) Pvt. Ltd. India

Insurance Advisor

:

Marsh , India

FEASIBILITY STUDY REPORT PREPARED

:

Main plant - Qingdao Hongrui Power Engineering Consulting Co. Ltd. China
Jetty - Zebec Marine Consultants & Services (Pvt.) Ltd. India
Environment –CEGIS, Bangladesh