Pertamina Power, a unit of Indonesian utility PT PLN (Persero) plans to construct a 500 MW photo voltaic challenge in Moheshkhali space of Cox’s Bazar, Bangladesh.
Qhis firm signed a memorandum of understanding (MoU) with the state-owned power firm Coal Power Generation Company Bangladesh Ltd. (CPGCBL) of Dhaka.
“We have signed the MoU and now a feasibility examine can be performed that may decide how a lot funding is required,” Abul Kalam Azad, managing director of CPGCBL, mentioned. pv journal. “Construction of the plant will start as soon as the examine is accomplished.”
The challenge can be constructed on a web site in Matarbari, which was first acquired by CPGCBL for coal energy vegetation. After the Bangladesh authorities scrapped plans for 10 coal energy vegetation in 2022 because of China’s withdrawal from coal investments, the land is now out there for renewable power initiatives.
Junior Power Minister Nasrul Hamid mentioned that Bangladesh and Indonesia will make investments $500 million within the challenge with equal shares, making it the biggest funding in Bangladesh’s energy sector.
Hungry for energy Bangladesh authorised 2.19 GW of main PV initiatives by 2023 and presently has an put in PV capability of 1,080 MW.
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