335 MW Siddhirganj plant is a Combined Cycle owned by EGCB, with a 1x1x1 multi-shaft configuration. Isolux Corsán has built a 335 MW combined-cycle electricity generation plant in Siddhirganj, one of Bangladesh’s key industrial hubs located 20 km from the capital, Dhaka.
The Siddhirganj 335-megawatt (MW) combined cycle power plant (CCPP) is the most expensive one in the world compared to other similar power plants
The Executive Committee of the National Economic Council approved the project in 2007.
In 2008, the World Bank (WB) provided USD 350 million to construct a 300-MW gas turbine power plant in Siddhirganj.
In the face of increasing power demand and gas shortages, the government decided to convert the peaking power plant to an energy-efficient 335-MW combined cycle power plant.
According to the IMED report, the construction cost per kilowatt (kW) for the Siddhirganj combined power plant involves USD 961 while the second costliest power plant involves USD 854 per kW to construct a similar 747-MW power plant by Pakistan Electric Power Company in Sindh province of Pakistan recently.
CLIENT: Isolux Corsán
SERVICES: Basic and Detail Engineering
On October 5, 2015, Spanish nationals working for power plant construction company Isolux Ingenieria were withdrawn from the project on security grounds. This withdrawal came in the wake of the murders of two foreigners in the country. The state-owned Electricity Generation Company of Bangladesh (EGCB) is implementing the project with joint funding from the World Bank (WB) and the government.
The EGCB has signed an agreement with two foreign construction companies for the Siddhirganj project in Narayanganj district.
The joint venture of Isolux Ingenieria SA and Samsung C&T Corporation, a Spanish-South Korean consortium, obtained the engineering, procurement and construction (EPC) contract and started work in August 2012.
Source : The Independent Bangladesh