According to official sources, the Bangladesh Power Division has initiated to implement a 10MW floating solar power plant at Mongla. Mohammad Alauddin, additional secretary to the Power Division was quoted by a news media stating that a technical committee is now evaluating a proposal of an Indo-Bangla consortium in this regard.
If the committee finds the proposal technically and financially viable, then the government will proceed to sign a contract with them to implement the project. The Mongla Municipality will be an equity partner of the consortium by giving its water-body (a 60-acre land in Bagerhat district to run its water treatment plant from which it supplies water to its residents) for the project
The Power Division expression of Interest for the project was recently approved by the consortium of Indian and Bangladeshi companies. According to the terms of the proposal, the municipality will provide the water-body for setting up of the floating solar project, while the two companies will invest money to set up the project as an independent power producer (IPP).
The Bangladesh Power Development Board (BPDB), on behalf of the government, will purchase electricity from the project for about 20 years. A technical committee of the government is now scrutinising the technical and financial aspects of the proposal. The government is considering the project positively as the consortium claimed that they have the capability to implement it very quickly — even within the next 6 months, according to a news media report.
If the project is implemented successfully, it will be the country’s first private floating solar power plant. The government plans to generate 10 per cent or 2000 MW electricity from renewable energy sources by 2020, which is currently 405MW. The country’s current capacity for power generation is about 22,000MW and it has a target of generating 24,000MW of electricity by 2021, 40,000MW by 2030, and 60,000MW by 2041, a news media report stated.