Bangladesh's Maitree Power Plant Doubles Capacity

Researched by Industrial Info Resources (Sugar Land, Texas)--Earlier this month, Unit 2 of the Maitree Super Thermal Power Plant in Khulna, Bangladesh, was inaugurated in a ceremony featuring India's Prime Minister Narendra Modi and Bangladesh's Prime Minister Sheikh Hasina. The 660-megawatt (MW) unit is expected to double capacity at the Maitree facility to 1.32 gigawatts (GW).

Unit 1 at Maitree started operations in September 2022, after construction started in 2017. The plant was built by the Bangladesh-India Friendship Power Company (BIFPCL), which is a joint venture between India's National Thermal Power Corporation (NTPC) and the Bangladesh Power Development Board (BPDB).

The US$2 billion Unit 2 received about US$1.6 billion in funds from India's Concessional Financing Scheme, through a financing agreement with India's EXIM Bank. Subscribers to Industrial Info's Global Market Intelligence Power Project and Plant databases can learn more from a detailed project report and plant profile.

Industrial Info is tracking more than 180 projects in Bangladesh, totaling more than US$74 billion of investment, that are dedicated to building new capacity for power generation. About 40% of the total investment, or US$29.2 billion, is driven by nuclear power projects, followed by projects utilizing natural gas and liquefied natural gas (LNG) at US$20.14 billion and US$13.72 billion, respectively.

The majority of this investment comes from the city of Pabna, which is home to US$19.33 billion across four projects, followed by Patuakhali (US$10 billion) and Cox's Bazar (US$9.9 billion).

Subscribers can click here for a list of detailed reports for power-generation projects across Bangladesh, and click here for a list of related plant profiles.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).