Bangladesh has tendered 95 MW of grid-connected solar projects in Cox’s Bazar and Rangamati to be developed by private investors. The projects face investor concerns over lack of payment guarantees and financing support from the government.
The Bangladesh Power Development Board (BPDB) has tendered 95 MW of grid-connected solar power projects to be developed at two sites by private-sector investors.
Of this capacity, a 70 MW solar plant is planned for Cox’s Bazar district, while the remaining 25 MW will be developed in the Rangamati hill district.
AKM Mohiuddin Azamy, director of IPP Cell-2 at BPDB, said the government will not provide land or financing for the projects. “The private-sector investor, whether local or foreign, will be responsible for arranging finance and securing land for the projects,” he said.
Azamy added that BPDB will purchase electricity from the plants under 20-year power purchase agreements. The deadline for submitting projects proposals is August 25.
