Indian programmer strategies 50 MW solar plant in Bangladesh

• Hero Future Energies intends to make India's first contribution to grid scale solar in its northeastern next-door neighbor. Prepare for a 100 MW plant have been put on hold by the power discharge tools offered at the Khulna website.

Hero Future Energies has recommended a 50 MW solar energy plant in the Khulna district of southwestern Bangladesh which would certainly involve the lowest solar power tariff used to a non-publicly-procured grid scale solar project.

The project, if agreed by Bangladesh's cupboard board on federal government purchases, would certainly likewise mark the initial Indian financial investment in energy scale solar in its northeastern next-door neighbor.

The New Delhi-based solar programmer, part of the Hero Motors Company group, discussed a tariff of $0.1025/ kWh, according to government officials.

A Bangladesh Power Development Board authorities claimed the recommended project would certainly cost around $50 million.

Hero Future Energies initially imagined a 100 MW project at the site yet needed to cut in half the scale due to the capability of power evacuation infrastructure available.

The most affordable solar tariff awarded in Bangladesh to day was the $0.065/ kWh agreed for the $13.25 million, government-owned, 7.4 MW center built in Rangamati district by Chinese company ZTE Corporation, which came online a year back. That plant was funded by the Asian Development Bank.

The Hero Future Energies site states the company wants to expand its solar as well as wind project profile to 5 GW by 2022. "The business is ambitious concerning tapping into the incredible opportunities that lie in both residential as well as overseas markets along with brand-new innovations, specifically storage space, hybrid projects etc," specifies the site.

Of the 34 solar projects approved by the Bangladeshi federal government, 26 have actually originated from the private sector. 4 plants have actually come online as part of the nation's 649 MW of clean power generation centers, 11 go to the building stage and 19 are under advancement.

The government is going for 10% of its generation mix to come from renewables by next year. Of the projects currently set up, 330 MW comes from off-grid solar home systems and also 318.77 MW from grid-connected centers.