Aggreko signs 200 MW power pact with Bangladesh
Aggreko plc has signed an agreement with the Bangladesh Power Development Board (BPDP) for the provision of 200 MW of temporary power at an estimated value of US$150 million over three years.
Bangladesh has been facing power shortage due to increased demands from industrial and domestic sectors. In order to bridge the immediate gap between power supply and demand, Aggreko will provide turn-key power packages to BPDP, which will feed power directly into substations connected to the national grid. The company will provide 100 MW at 132 kV, with the other half will be provided at 33 kV.
All aspects of the power packages, from design, mobilisation and commissioning to operation and maintenance, will be provided by Aggreko. The first tranche of power will be operational from July, with the entire project scheduled to be commissioned in August 2010.
Rupert Soames, Chief Executive, Aggreko, said: “Building upon our previous successful performance in Bangladesh, I am very pleased that Aggreko will expand its relationship with BPDP through this most recent contract. Ensuring that industrial, agricultural and domestic users have a reliable power supply is vital to any economy, which is why Aggreko’s fast-track power provision is an excellent solution for BPDP. This 200 MW, plant, to be delivered within a few months, will have a noticeable impact on the quality of power supply in the country, allowing the authorities to focus on the implementation of permanent power infrastructure.”
The award of this contract is in addition to the 40 MW that Aggreko has been operating since October 2008 at its plant near Khulna.