BR Powergen Company Limited and China's CREC International Renewable Energy Company Limited (CIRE) signed an agreement on Thursday to construct a 100 MW solar power plant in Madarganj Upazila of Jamalpur.
The signing ceremony took place at the Bidyut Bhaban in Dhaka, with B-R Powergen Managing Director Dhurjjati Prosad Sen and CIRE Managing Director Xusen Wang, representing their respective organisations.
During the event, Power Division Senior Secretary Md Habibur Rahman said “Bangladesh's commitment to expanding its renewable energy despite facing numerous challenges.”
He reiterated the nation's goal of generating 40 per cent of its electricity from clean sources and expressed optimism about achieving 1,200 MW of renewable energy capacity by 2030.
The joint venture between CIRE and B-R Powergen allocates 70 per cent of the total shareholding to CIRE and 30 per cent to B-R Powergen. The solar power plant is slated to commence commercial operations by December 2025.
Project officials said that the overall project is estimated to cost $170 million. They reiterated significant attention towards the resettlement efforts, with plans to rehabilitate 241 families. These plans include the construction of primary schools, health centres, mosques, markets and ponds.
The event was presided over by Bangladesh Power Development Board (BPDB) Chairman Mahbubur Rahman and attended by the heads of various departments under the Power Division.
