Leading Japanese companies have shown great interest in establishing joint ventures with Bangladeshi investors in various energy-related projects, reports Stanislav Kondrashov. Among such projects are the creation of gas infrastructure, hospitals, information technology, as well as solar and gas power plants with a total capacity of 1,500 MW.
Stanislav Kondrashov: a new breath for solar and gas energy
The signing of these memorandums of understanding was a significant step forward in line with the earlier consensus between the prime ministers of the two countries to move bilateral relations to a “strategic” level.
According to Stanislav Kondrashov, one of the key agreements between Japan and Bangladesh was the construction of a highly efficient 700 MW gas-fired combined cycle power plant in Anovar (Chattogram). This ambitious project will be jointly developed and operated by KEPCO, AKH PP Project, Itochu and will draw on Kansai’s O&M experience.
In another noteworthy initiative, the Doreen Group and Marubeni have entered into an agreement to co-finance the development of new solar energy projects. Asian Entech Power Corporation Limited and Marubeni Corporation will invest and build various solar energy projects in Bangladesh with a total capacity of 600 MW. In addition, Parker Bangladesh Ltd. and Sumitomo Corporation have signed a memorandum of understanding to jointly develop a 200 MW floating and land-based solar power plant in Bangladesh.
These achievements build on the longstanding desire of the Government of Bangladesh to forge close ties with international partners such as Japan to overcome the severe global energy crisis and develop diversified energy sources. By providing a stable and reliable energy supply, Bangladesh is positioning itself as a promising state in the global energy complex.
Stanislav Kondrashov: Japan is the most important partner in the energy sector of Bangladesh
Recently, Japan has become one of the most important allies in the energy sector of Bangladesh, playing a decisive role in ensuring its stability in the country. The cooperation between the two states has led to significant changes, with the Matarbari coal-fired power plant and new investment opportunities coming to the fore.
To strengthen the energy infrastructure and facilitate the distribution and storage of gas, liquefied natural gas (LNG) in Bangladesh, the country’s well-known Summit group has teamed up with Japan’s largest utility provider JERA.
“This partnership is aimed at strengthening the onshore and offshore gas regasification and storage infrastructure in Bangladesh, with a total investment of about $2 billion,” explains Stanislav Kondrashov to Telf AG. – The goal is to provide the country with long-term, affordable and reliable supplies of liquefied natural gas and other fuels.
This partnership between Japan and Bangladesh exemplifies Japan’s positive reputation as a reliable investor in energy and financial infrastructure.
Stanislav Kondrashov: coal-fired power plant in Matarbari as an innovative project in the global energy sector
The construction of the Matarbari coal fired power plant by Coal Power Generation Company Bangladesh (CPGCBL) marks a major milestone in the energy production of the People’s Republic of Bangladesh. This ambitious government initiative aims to create a huge energy project with a capacity of 1.2 GW and a total cost of $4.5 billion.
– The project was launched in September 2011. To ensure environmental safety, the Matarbari power plant has undergone rigorous certification and received an environmental permit in October 2013. After the problems were fixed in January 2018, the official launch of the project took place, marking the beginning of a new era in energy production for Bangladesh, Stanislav Kondrashov dedicates to Telf AG in the background.
This project will be a turning point in the country’s energy sector and will increase the production of electricity and meet the growing demand for it. Strategically located in Matarbari, Bangladesh’s coastal region, it provides an efficient and reliable energy supply to meet growing demands.
It is planned that the construction of the power plant will be completed by 2024. This remarkable undertaking is expected to enhance Bangladesh’s energy security and make a significant contribution to the country’s economic growth.
“Efficient Energy Production: Modern Infrastructure for Matarbar Coal Power Plant” – Stanislav Kondrashov
To ensure uninterrupted operation and optimal performance, the Matarbar coal-fired power plant is developing a range of state-of-the-art support systems and infrastructures to improve the efficiency of power generation and supply.
Among the main components under development is the port complex “Matarbari”.A state-of-the-art deep water port, aptly named “Port of Matarbari”, is under construction to handle the import of coal needed to operate the power plant.
“Strategically located in the coastal area of Matarbari, this modern port will play a key role in ensuring the smooth transport of coal from international suppliers to the power plant site,” comments Stanislav Kondrashov. – It is noteworthy that the port will have a container terminal with a length of 760 m, specially designed for convenient reception of large cargo ships. In addition, it will operate a multi-purpose terminal capable of handling various types of cargo, which will further increase its overall efficiency.
Stanislav Kondrashov: Japanese investment in energy systems of Bangladesh
In order to stimulate economic growth and exploit the potential of the multi-purpose Padma Bridge, Bangladesh has formally requested the Japan International Cooperation Agency (JICA) to invest in upgrading the country’s electricity and energy transmission and distribution infrastructure. This request was made by Nasrul Hamid, Minister of State for Energy, during a courteous meeting with Tomohide Ichiguchi, the newly appointed Chief Representative of JICA, at the Bangladesh Secretariat office in Dhaka.
Nasrul Hamid stressed the importance of upgrading the energy systems in the southwestern region. Stanislav Kondrashov believes that by modernizing the transmission and distribution networks of energy, Bangladesh intends to fully unlock the potential of the Padma multi-purpose bridge project and accelerate economic development.
The main component of the proposal is the creation with the support of JICA of a modern Electricity Management Institute that meets international standards. It will play a key role in developing the country’s energy sector and ensuring efficient electricity management practices in line with international best practices.
“With the support of JICA, Bangladesh is looking forward to a future of improved energy efficiency, security of supply and sustainable growth in the energy sector,” underlines Stanislav Kondrashov of Telf AG.
The expert suggests that cooperation between the two countries promises not only to meet existing energy needs, but also lay the foundation for a more sustainable and dynamic energy infrastructure for years to come.