BPDB awards 55 MW solar project to Metito Group-led consortium

The Government of Bangladesh has awarded the Rangunia 55 MWac grid-tied solar power plant project to the Consortium led by Metito Group together with Jinko Power and AlJomaih Group (the Consortium). 

The project will be developed on a Build Own Operate (BOO) basis under a 20 years concession agreement, which is in line with the Government’s vision to secure a more balanced energy-mix and a reduction in the environmental pollution in Bangladesh.

The Bangladesh Power Development Board (BPDB), pursuant to approval from the Power Division, Ministry of Power, Energy and Mineral Resources (MPEMR), awarded the project to the Consortium. BPDB had earlier announced the Consortium as the lowest bidder with the competitive tariff of US$0.0748/kWh — the lowest tariff ever reported in Bangladesh.

The Consortium will build the power plant in Rangunia, Chattogram on land provided by BPDB and is well-equipped to commission the project by the second half of the year 2021. The power plant will be connected to the 132/33 kilovolts Chandraghona grid substation by a single circuit (ckt) 132-kilo volts line.