Scatec Bangladesh Solar PV Park is a 62.5MW solar PV power project. It is planned in Rangpur, Bangladesh. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the under construction stage. It will be developed in a single phase. The project construction is likely to commence in 2020 and is expected to enter into commercial operation in 2024. Buy the profile here.
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Description
The project is being developed by Rahimafrooz (Bangladesh) and Scatec. The project is currently owned by Scatec with a stake of 100%.
Scatec Bangladesh Solar PV Park is a ground-mounted solar project which is planned over 195 acres.
The project is expected to generate 86,000MWh of electricity.
Development status
The project construction is expected to commence from 2020. Subsequent to that it will enter into commercial operation by 2024.
Power purchase agreement
The power generated from the project will be sold to Bangladesh Power Development Board under a power purchase agreement. The power will be sold at the rate of $0.11kWh for a period of 20 years.
For more details on Scatec Bangladesh Solar PV Park, buy the profile here.
About Rahimafrooz (Bangladesh)
Rahimafrooz (Bangladesh) Ltd (Rahimafrooz) is a diversified company that manufactures and markets automotive and industrial products. The company's products include tyres, lubricants, automotive batteries, power backup systems, lighting products, home appliances and electrical accessories. It provides solar solutions such as home lighting, water heating systems, street lighting, photo voltaic centralized systems, vaccine refrigeration, irrigation systems, support for computer and other electronic systems, among others. Rahimafrooz offers CNG services such as installation of CNG station and the CNG conversion services. The company provides its products and services across Bangladesh. Rahimafrooz is headquartered in Dhaka, Bangladesh.
About Scatec
Scatec ASA (Scatec), is an integrated independent producer of renewable energy that develops, builds, owns and operates different renewable energy plants. The company conducts project origination and development, project financing, design and engineering, procurement and construction management, operation and maintenance, and asset management. Scatec has solar power plants in operational and under construction in Philippines, Laos, South Africa, Egypt, Malaysia, Brazil, Argentina, Honduras, Ukraine, Jordan, Mozambique, Czech Republic, Uganda, Vietnam, and Rwanda. The company also has a pipeline of projects under development in Africa, Latin America, Europe and Central Asia, and Southeast Asia. Scatec is headquartered in Oslo, Norway.
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This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
