GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >>

 
  Share
• The Consortium wins the project with the record-breaking lowest bid to develop a 55-megawatts electric ac plant
• The solar power plant will significantly contribute to the Bangladesh government's agenda towards sustainable use of energy-mix
 
21 January 2019 – The Government of Bangladesh has awarded the Rangunia 55-megawatts electric (MWe) ac 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 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 $0.0748/kWh — the lowest tariff ever reported in Bangladesh. 
 
The Consortium will build the power plant in Rangunia, Chattogram on a 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.
 
Metito is a global leader and provider of choice for total intelligent water management solutions with over 60 years of experience covering three business areas: design and build, specialty chemicals, and utilities. Metito has recently extended its unmatched experience developing Public Private Partnership Projects (PPPs) in the water sector to cover the alternative energy sector with focus on developing solar, wind and waste-to-energy power projects. Rangunia's 55-MWe ac grid-tied solar power plant is the first alternative energy project for Metito in Bangladesh.
 
Rami Ghandour, Metito Managing Director said; “Bangladesh has a very progressive leadership and such projects, which harness the power of alternative or renewable energy, are a true testament to a visionary approach towards sustainability. We are honored to be part of this truly synergistic and formidable Consortium where all partners bring unique expertise to the mix, maximizing shared value to our client and to the community we will be serving. We look forward to working closely with BPDB to move to the next stages of the project and we are confident that it will be a huge success.” 
 
Jinko Power is a leading competitive independent solar power producer that develops, builds, finances, owns and operates solar power plants across the world, aiming to make solar a sustainable and affordable source of energy worldwide. By the end of year 2019, Jinko owns and operates nearly 350 solar photovoltaics (PV) projects globally with about 3.1 gigawatts (GW) of solar PV operating assets in China alone. Jinko is also the owner and operator of the world's largest solar PV plant, the 1.77 GW Sweihan plant. The company contributes hands-on technical and operational experience to the Consortium which will ensure a smooth and sustainable operation of the plant.
 
AlJomaih Energy and Water (AEW) is the energy and water arm of AlJomaih Holding Company, one of the most prominent businesses in Saudi Arabia with business interests ranging from automotive sales to service, spares and lubricants. AEW is a developer of large-scale power and water assets in Asia, Africa and Middle East. Ibrahim M. Aljomaih, Chief Executive Officer of Aljomaih Energy and Water, said; 'This milestone renewable project is of the utmost importance to us as it demonstrates our commitment to the Bangladeshi Energy Sector - the primary growth engine for the entire Bangladeshi economy. AlJomaih Energy and Water has operated in this critical sector in Bangladesh for the past 12 years and we are pleased to reaffirm our confidence in the country's economy by participating in this project and by being a positive force in Bangladesh's drive towards renewable energy and sustained economic growth.'
 
[ENDS]



Posted by : GoDubai Editorial Team
Viewed 4099 times
Posted on : Tuesday, January 21, 2020  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : DEWA to highlight future possibilities for women in the sustainable energy sector
Next Story : Schneider Electric's commitment to sustainability recognized in two leading rankings
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Korea's Number One Beauty Brand Innisfree All Set to Celebrate the Grand Opening...
Sephora: Are You Ready to Join the #SephoraSquad?
Emirates Post Issues Set of Commemorative Stamps for the New Logo for People of ...
How to Beat Pigmentation with DERMAdoctor
Introducing Zeitun Premium Face Care Collection
Spoil her this Mother's Day with gifts from Marks & Spencer
Rate Hawk is Live with Global Innovations Flagship Product TassPro and Itinerary
Cerruti 1881 - Special Product Launch for Mother's Day
Enjoy a Selection of Anti-Aging Products from Beauty Solutions
Achieve Gorgeous and Radiant Skin in Only 90 Seconds
Laloge X Ivanka Trump
Swatch X 007 Introducing the New James Bond Collection and Limited Special Edition
Ferragamo Sapphire Collection
Tag Heuer Opens Boutique at Mall of the Emirates
Dubai Chamber Honours Top-performing Trading Companies
HRH the Prince of Wales Officially Opens the National Automotive Innovation Centre
TBO Holidays Hotel XML API Integrated with TassPro and Itinerary HomePR & Events...
Get Great Hair Naturally With HASK's Latest Haircare Collections This Spring!
HH Sheikh Mansour bin Mohammed Visits Dubai Sports Council
Marks & Spencer Unveils its All New Menswear
Mall of Oman Onboards a Host of Global Lifestyle, Fashion, and F&B Brands Ahead ...
Etihad Airways to Operate Special Flights From Al Ain to Jeddah During Ramadan
Visit of Punjab Minister at Al Maya Stand @ Gulfood 2020
Statement Stilettoes from Steve Madden
GEMS Global Innovation Showcase 2020 Sees 1,500 Student Innovators and Entrepren...
Dubai Cares Donates 2,000 Books to Wanna Read? Initiative to Instill the Habit o...
Stars Join OMEGA at the Olympia Bob Run in St. Moritz
This Unbeatable Bundle Offer makes it the Best Time to Buy the King of 5G Smartp...
Al Wahda Mall Announces UAE Pro League Mobile Roadshow Activations
Bottled Water Industry Leaders Come Together to Form Gulf Bottled Water Associat...
Chronoswiss Sirius Chronograph Moon Phase
Airlines and Posts Cooperate Globally for a Sustainable and Reliable Cross-borde...
Corum AC-One 38 Automatic
Join the Dots With Max Mara
Move Up in Life With Snowhite's Latest Fashion Destination in Abu Dhabi
Upfield Unveils New Plant-Based Products and Spreads Awareness of Nutritional Be...
Ericsson Received Awards at the Stc Partner Day for Saudization and Internationa...
Range Rover Evoque: Europe's Favourite Compact SUV
Registration is Now Open for Dubai Cares' Volunteer Globally in Malawi
UAE Team Emirates' Stars Surprise Abu Dhabi School Children Ahead of UAE Tour
Step Up Your Fashion Game with the Sleek HONOR MagicWatch 2
Easa Saleh Al Gurg Group Celebrates 60 Years of Nation Building by Renewing Its ...
Pioneered by an Emirati, UAE Brand, Dubai Energy Drink, Participates in Gulfood 2020
Expedia Partner Solutions (EPS) Partnered with Global Innovations
HostMilano Brings the Global HO.RE.CA to Dubai
The Kiss of True love
Bosch Celebrates the Opening of It's Largest Flagship Store in the Middle East
Forrey & Galland Launches a New Concept in Saudi Arabia
Karl Lagerfeld Spring 2020 Women's Collection
UAE Food & Beverage (F&B) Sector Faces Increased Competition, Operators Looking ...