Beximco Power Company Limited
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| Beximco | |
| Limited | |
| ISIN | 🆔 |
| Industry | Power |
| Founded 📆 | 1972 |
| Founder 👔 |
|
| Headquarters 🏙️ | Dhaka, |
Area served 🗺️ | |
| Services | |
| Members | |
Number of employees | |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
Beximco Power Company Limited, with its parent company Beximco Group,[1] developed the largest solar power plant in Bangladesh through its subsidiary, Teesta Solar Ltd. It is developing another one through its subsidiary Korotoa Solar Limited.[2] The first plant, already in operation, is located in Sundarganj, Gaibandha. In 2017 Beximco Power Company Limited signed a Power Purchase Agreement with the Bangladesh Power Development Board for selling electricity, produced from Teesta Solar plant for next 20 years.[3]
History[edit]
Construction of the Teesta Solar plant started in 2017.[1] At the initial stage, 5,50,000 solar panels were installed. In November 2022, the plant started supplying between 90-140 megawatt of electricity on a trial basis to the Rangpur grid substation.[5] In January 2023, the plant was commissioned.[6] In August 2023, Prime Minister Sheikh Hasina inaugurated the solar power plant title from a gathering at Rangpur Zila School ground.[7]
Capacity[edit]
The 200 megawatt plant is due to play a significant role in lightning up the northern region of Bangladesh including Gaibandha district.[1] The Teesta Solar plant is connected to the national grid at Rangpur substation. The company built a 35.35km long transmission line to connect the plant with national grid. The electricity produced from the plant is expected to light more than 200,000 homes in the region.[8] The company launched sharia-compliant bonds to finance this project. According to the chairman of Beximco Power Company Limited, Shayan F Rahman, the Teesta Solar plant is a US$300 million worth project.[9]
Future development[edit]
Beximco Power Company Limited is developing its second solar plant with through its subsidiary Korotoa Solar Limited at Tetulia upazila in Panchagarh. The plant is scheduled be completed by the end of 2023. It has a 30 megawatt capacity.
References[edit]
- ↑ 1.0 1.1 1.2 "Teesta Solar plant improves power situation further". businesspostbd.com.
- ↑ "BEXIMCO - Taking Bangladesh to the World". beximco.com. BEXIMCO.
- ↑ "BEXIMCO - Teesta Solar plant". beximco.com.
- ↑ "Teesta Solar plant improves power situation further in Gaibandha". Daily Sun. 6 August 2023.
- ↑ "Bangladesh's largest solar park in Gaibandha ready for inauguration". Dhaka Tribune.
- ↑ "The plant was commissioned.in 2023". BEXIMCO.
- ↑ Harrell, Alexandra (22 August 2023). "Beximco Builds Bangladesh's Biggest Solar Power Plant". Sourcing Journal.
- ↑ "The company built a 35.35km long transmission". beximco.com.
- ↑ "PM opens 200MW solar power plant". The Business Standard. 2 August 2023.
- ↑ "Country's largest solar power plant inaugurated". Bangladesh Live News. 3 August 2023.
External Links[edit]
Sarker, Probir Kumar (9 April 2023). "Bangladesh's largest solar park in Gaibandha ready for inauguration". Dhaka Tribune.
"200MW solar power plant opens". The Daily Star. 3 August 2023.
Akhtar, Salman (4 August 2023). "Empowering Bangladesh: The Inauguration of the Largest Solar Power Plant". BNN Network.
"Country's largest solar power plant inaugurated". Bangladesh Live News. 3 August 2023.
Sajid, Eyamin (14 February 2023). "Country's largest solar power plant begins trial operation". TBS News.
Sarker, Probir Kumar (2 Aug 2023). "PM Hasina opens Bangladesh's largest solar park". Dhaka Tribune.
"Hasina opens, watches from helicopter Bangladesh's largest solar power plant in Gaibandha". bdnews24. 2 August 2023.
Harrell, Alexandra (22 August 2023). "Beximco Builds Bangladesh's Biggest Solar Power Plant". Yahoo.
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