Current Status: Shelved
Source: Representational Photo
Cox’s Bazar 200 MW (SunEdison) Solar Power Plant was an expected solar power plant in Teknaf. Southern Solar Power Ltd, a Bangladesh-based subsidiary of SunEdison from the United States, has intended to construct this solar power facility with a capacity of 200 MW in Teknaf, located in Cox’s Bazar. The projected cost for this initiative is around 240000 million. Bangladesh Power Development Board (BPDB) has agreed to purchase electricity from the solar plant to contribute to the national grid. The cost of this electricity was set at 13.6Tk for every kilowatt-hour (Stain and Partners,2017). But at last, that was not implemented because of various issues.
Capacity
Southern Solar Power Ltd, a company affiliated with SunEdison based in the United States, has aimed to establish a 200-megawatt solar power facility located in Teknaf, Cox's Bazar.
Context
On 9 January 2017 the Bangladesh Power Development Board (BPDB) entered into a power purchase agreement (PPA) with Southern Solar Power Ltd (SSPL) for the establishment of a solar power plant. SSPL is a subsidiary of the US-based SunEdison and operates in Bangladesh. Additionally, the Power Grid Company of Bangladesh Limited (PGCB) joined in this agreement, as it will be tasked with transmitting the generated electricity to the national grid.
Under the agreement, the Bangladesh Power Development Board (PDB) will buy electricity from Southern Solar Power Ltd (SSPL) for 20 years, following a "no electricity, no payment" arrangement. According to officials, the power plant has gained approval from the government's purchase committee and was supposed to be established on a parcel of land spanning approximately 800 to 1,000 acres ( Energy Bangla, 2017). Southern Solar Power, a wholly-owned subsidiary of SunEdison Energy Holding (Singapore) Pte Ltd, expressed its intention to finalize the project within 18 months, following the established agreement (The Daily Star,2017).
Land Acquisition
Approximately 800 to 1000 acre area was proposed to establish the power plant.
Finance
Though PBDB showed interest in establishing this power plant, this power plant was not implemented for this reason there is no available information on finance.
Sponsor
Southern Solar Power Ltd (SSPL) would sponsor this power plant
Contractor
JINKO Solar, a Chinese firm, has been proposed to implement the project under an engineering procurement contract.
Fuel Supply
Solar energy was expected to be used to operate this power plant.
Environment
A large amount of unused land could be used if this power plant could be successfully implemented.
Criticism
This power plant could add extra electricity and proper utilization could be possible but it is shelved now.
References
Energy Bangla (2017).Deal Signed For 200MW Solar Power Plant At Teknaf. 9 January, 2017.
Stain and Partners (2017). 200MW solar power plant to be built for $300m in Bangladesh. 10 January, 2017.
The Daily Star (2017). Deal signed to set up 200MW solar power plant. 10 January, 2017.