Bangladesh’s US$6.7 bn power project back on track

01 August 2017


The Matarbari power project will include a deep-sea port for coal

The Matarbari project will include a deep-sea port for coal

A 1.2 GW power station in Bangladesh, is set to break ground in August, after being delayed by a terrorist attack.

The US$6.7 billion project will comprise two 600 MW coal-fired power plants, plus a deep-sea port in Matarbari, in the south-east of the country.

The scheme is being developed by a consortium led by Japanese financial services group Sumitomo, partnered by engineering and construction firms IHI, Toshiba and Penta-Ocean Construction.

The closing bid for the power station was halted in July last year, when 20 people, including seven Japanese nationals, were murdered by Islamist extremists stormed a café in the Bangladeshi capital, Dhaka.

Now, following a step up in security measures and a US$4.5 billion loan from the Japan International Cooperation Agency, the development is back on track, with a completion date in 2024.

The Matarbari power station is one of a number of generating plants planned for the Matarbari region, all of which are expected to use super critical technology, in which Japanese companies have particular expertise.


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Andy Brown Editor, Editorial, UK - Wadhurst Tel: +44 (0) 1892 786224 E-mail: [email protected]
Neil Gerrard Senior Editor, Editorial, UK - Wadhurst Tel: +44 (0) 7355 092 771 E-mail: [email protected]
Catrin Jones Deputy Editor, Editorial, UK – Wadhurst Tel: +44 (0) 791 2298 133 E-mail: [email protected]
Eleanor Shefford Brand Manager Tel: +44 (0) 1892 786 236 E-mail: [email protected]