North-West Power Generation Company Limited (NWPGCL) signed a Memorandum of Understanding (MOU) with China National Machinery Import & Export Corporation (CMC), China on 19.03.2014. Later on, NWPGCL signed the Joint Venture Agreement (JVA) with CMC on 09.06.2014 at the Great Hall of the People, Beijing, China in presence of the Hon’ble Prime Minister of the Government of Bangladesh and the Hon’ble Prime Minister of the People’s Republic of China in order to implement Payra 1320 MW Thermal Power Plant Project by establishing a Joint Venture Company (JVC). Then, Bangladesh-China Power Company Ltd. (BCPCL) was formed on 01.10.2014
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| Total Project Cost | 2.06 Billiion USD |
| Project Financer | CEXIM Bank |
| Physical Progress | 20% |
| Plant Capacity | 1320 MW (2X660 MW) |
| Expected COD | 1st Unit: October,2025 2nd Unit: April,2026 |
| Name of the Project | Payra-Gopalganj-Aminbazar 400kV Double Circuit Transmission Line (2nd Phase) Project |
| Nature | Power Transmission Line |
| Project Feasibility Study | October, 2020 |
| Invitation for Bid |
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| Type of Bid | International Competitive Bid (ICB) based on Single Stage Two Envelope Method |
Power is the prime mover for the economic development of a country. For sustainable growth of GDP, Bangladesh needs sustainable, reliable and cost-effective power generation for feeding its emerging economy. The Government has launched immediate, short, mid and long term programs in order to generate 24,000 MW by 2021, 40,000 MW by 2030 and 60,000 MW by 2041 through introduction of fuel mix, public- private partnership for mobilizing finance, demand side management and energy efficiency.North-West Power Generation Company Limited (NWPGCL) along with other generation entities has been entrusted to achieve this target of the Government.
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JVA Signing ceremony for the Formation of BCPCL for implementing payra 1320 MW Thermal Power Plant Project.
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