The new power project will cost over US$2.5 billion and supply an additional 1,320MW to the national grid. Currently, only two-thirds of Bangladeshis have access to power, but this is predicted to substantially increase by 2030.
This coal power plant will be ultra-supercritical, which means that it will be 43% more efficient than conventional coal power stations, emitting fewer emissions whilst producing more electricity.
The Bangladesh government plans to exceed expected demand of 34,000MW by 2030, but current supply stands around 13,000-17,000MW mark. Added to this, just under 60 million Bangladeshis still currently lack any form of power whatsoever.
It is welcome that the government is pushing for a more coal-based electricity grid with an ambitious target of 50% electricity production from domestic and international coal sources by 2030.
The United Nations Economic and Social Commission for Asia and the Pacific reported in 2015 that there are 52 upcoming power generation projects across the country, either in development, under construction or in the planning phase. Once all 52 are complete, it will provide an additional 18,000MW of power to the national grid.
This new supercritical power station will go along way in increasing the country’s electricity output, as will the other 52 projects under development or construction.
Only by giving Bangladeshis power, will the country achieve their overall goal of being a middle-income country and improving the standard of living in the country.