The Export-Import Bank of India (EXIM Bank) has issued a request for proposals for a 100 MW solar project in Madarganj, Bangladesh’s Jamalpur district. The Exim Bank of India has approved the financing of a project from a line of credit extended to the government of Bangladesh to finance development initiatives. The 100 MW solar project will be developed with a part of the line of credit. Within 24 months of receiving the work order, the project must be finished. The bid submission deadline is July 6, 2022.

The scope of work comprises EPC of a 100 MW solar project and its facilities, including a 33/132kV substation, internal road, drainage system, water supply system, and fire-fighting system. Site preparation, land development, construction of a 6.5-kilometer embankment around the project, installation testing and commissioning, and quality control and site inspections are all part of the scope of work. As per the tender guidelines, the bidders must have annual revenue of $44 million in any one of the last five financial years.

In October 2021, the Bangladesh-China Renewable Energy Company Limited floated an EPC tender for setting up a 60 MW solar power plant. This is a joint venture company between Bangladesh’s state-run North-West Power Generation Company Limited and the China National Machinery Import and Export Corporation. The said 60 MW project is part of a larger project to generate 450 MW of electricity from renewables in Sujanagar, Pabna, in the northwest of Bangladesh.

REGlobal’s Views: Estimates suggest that Bangladesh could deploy up to 300 GW of total utility-scale solar and wind power. However, renewable energy uptake remains quite low in the country. There are ongoing efforts to diversify the country’s energy mix and increase renewable energy deployment.