Current Status: Shutdown
Source: EGCB
Siddhirganj 2X120 MW Gas Power Plant, also known as EGCB Siddhirganj GT Power Plant, is a Gas Turbine (GT) power plant situated in Siddhirganj housing road Siddhirganj under Siddhirganj Upazila in Narayanganj District of Bangladesh (Location: 23.6837, 90.5260). It is sponsored by the Electricity Generation Company of Bangladesh Limited (EGCBL), a State-owned Enterprise (SOE) under the Bangladesh Power Development Board (BPDB), as a Public Power Plant (PPP) for 22 years. The power plant started commercial operation on 5 February 2012, and, as per schedule, it will retire on 4 February 2034. But the power plant is now under shutdown for fuel shortage.
Capacity
The power plant's installed (gross) and derated (net) capacity is 240 MW and 209.356 MW, respectively.
Context
The power plant is located in Siddhirganj at Narayanganj District. It is operating under a Public-Private Partnership (PPP) model. The installed capacity of the power plant is 240 MW, The power plant primarily relies on natural gas for electricity generation. The retirement is scheduled for 4 February 2034, indicating a lifespan of 22 years. (FE 2021).
The Siddhirganj 2X120 MW Gas Power Plant is financially supported through a partnership involving the Asian Development Bank (ADB) and the Government of Bangladesh (GOB). The ADB, as a major financier provided financial assistance and expertise to facilitate the implementation of the power plant. (EGCB, 2023).
The Electricity Generation Company of Bangladesh Limited (EGCB) serves as the sponsor for the Siddhirganj 2X120 MW Gas Power Plant, EGCB's major share is currently held by the Bangladesh Power Development Board (BPDB). This affiliation highlights EGCB's significant role in the national power sector and its sponsorship of the Siddhirganj power plant. (EGCB, 2023).
Land Acquisition
The power plant occupies approximately 3.09 acres (calculated by Google Earth) of strategically acquired land in Siddhirganj, facilitating efficient energy production in the Narayanganj region.
Finance
ADB and GOB finance the project. The amount of financing is undisclosed.
Sponsor
The Electricity Generation Company of Bangladesh Limited (EGCB) is the sponsor of the power plant.
Contractors
Bharat Heavy Electricals Limited (BHEL) constructed the power plant as the Engineering, Procurement and Construction (EPC) Contractor (BPDB 2010). The EPC contract price for the power plant amounted to 108.48 million USD, along with an additional 353.20 million BDT. This financial arrangement reflects the comprehensive nature of the project, covering design, procurement of equipment, construction, and commissioning. (EGCB, 2023).
Fuel Supply
Titas Gas Transmission and Distribution Company Limited (TGTDCL) is the fuel supplier of the power plant. The daily demand gas demand of the powerplant is 52 and the supply is 0 (Petrobangla 2024).
Power Generation
The Power Plant experienced variations in its scheduled Commercial Operation Dates (COD). According to BPDB, the second unit was initially slated for COD on 31 July 2011. However, the second unit commenced commercial operations earlier than scheduled, on 14 October 2010. Subsequently, the first unit began its commercial operation on 5th February 2012. Notably, the power plant demonstrated an impressive 83% plant load factor (PLF), indicating a high level of operational efficiency and electricity generation capacity. (BPDB 2010).
Environment
According to Section 12 of the Bangladesh Environment Protection Act 1995, Environmental Impact Assessment (EIA) is obligatory for any industry (MOLJPA, 1995). The polluting industries, such as power plants, have to go through an Initial Environmental Examination (IEE) and EIA as directed in the Environmental Conservation Rules 2017 (MOEFCC, 1997). But, to date, no IEE or EIA report has been found of the power plant. According to the environmental conservation rule 2023, the project falls in the “Red'' indicating it is a potentially harmful project for the environment (MOEFCC 2023).
References
BPDB (2010). “Annual Report 2009-2010”. Bangladesh Power Development Board: 1 August, 2010.
EGCB (2023). “Siddhirganj 2x120 MW Peaking Power Plant”. Electricity Generation Company of Bangladesh Limited (EGCB): 7 February, 2023.
FE (2021). “Dhaka consumes the country's 46pc electricity”. The Financial Express: 12 June, 2021.
Petrobangla (2024). “Daily Gas & Condensate Production and Distribution Report”. Bangladesh Oil, Gas and Mineral Resources Corporation (Petrobangla): accessed on 5 May 2024.
MOEFCC (1997). “The Environmental Conservation Rules”. Ministry of Environment, Forest and Climate Change (MOEFCC): 27 August 1997.
MOLJPA (1995). “Bangladesh Environment Conservation Act 1995”. Legislative and Parliamentary Affairs Division, Ministry of Law, Justice and Parliamentary Affairs (MOLJPA): 16 February 1995.
MOEFCC (2023). “The Environmental Conservation Rules”. Ministry of Environment, Forest and Climate Change (MOEFCC): 5 March 2023.