Current Status: Operation
Ashuganj 150 MW Furnace Oil Power Plant, also known as Midland Ashuganj IPP, is a reciprocating engine-based power plant situated in Char Chartola under Ashuganj Upazila in Brahmanbaria District of Bangladesh (Coordinates: 24.0310, 90.9940). It is sponsored by Midland East Power Limited (MEPL), a Joint Venture Company (JVC) of Youth Group and Viyellatex Group, as a private Independent Power Producer (IPP) for 15 years. The sponsor declared its Commercial Operation Date (COD) on 27 November 2018 and, according to schedule, it is to retire on 26 November 2033.
Capacity
161.345 | 150 MW
Context
Finance
Sponsors
Midland East Power Limited (MEPL)
Midland Power Company Limited: 88.24%
Shahjibazar Power Company Limited (SPCL): 49%
Youth Group:
Viyellatex Limited: 51%
Viyellatex Group: 100%
Shahjibazar Power Company Limited (SPCL): 11.66%
Youth Group: 100%
Contractors
CRRC Ziyang Company Limited
Rolls-Royce Power Systems (Germany) supplied Bergen Reciprocating Engines for the power plant (Rolls-Royce 2017). Rolls-Royce USD 76.15 million Euro
References
Rolls-Royce 2017. "Rolls-Royce to deliver power stations to Bangladesh with a contract value of 133 million Euro". Rolls-Royce Power Systems: 11 September 2017
Youth Group 2022. Midland East Power Limited. Youth Group: Undated (accessed on 15 June 2022)