File photo of a power plant Syed Zakir Hossain/ Dhaka TribuneThe power plant will use ultra supercritical technology for maximum power generationGCM Resources plc and Chinese state-owned POWERCHINA have signed a joint venture agreement (JVA)—and an engineering, procurement, and construction (EPC) contract—to set up a 2,000MW mine-mouth, coal-fired, power plant in Dinajpur. The contracts were signed at a ceremony at Radisson Blu Water Garden Hotel, in Dhaka, on Thursday. On behalf of GCM Resources, Md Badruzzaman and Md Firoz Zaman signed the contract; while Xiong Li Xin and Pan Deng Yu signed it representing Powerchina. They said the proposed project is part of a broader strategy by GCM Resources to generate 6,000MW of low-cost electricity for Bangladesh’s market—utilizing domestic coal—providing an estimated US$12.5 billion in foreign direct investment (FDI). The power plant will use ultra supercritical technology, with its high-energy efficiency, to enable maximum power generation from the coal, provide lower levels of emissions, and deliver the lowest-cost power.

Source: Dhaka Tribune January 18, 2019 03:56 UTC