As part of the government’s plan to bring all citizen of Bangladesh under the electricity network, state-owned Rural Power Company Limited (RPCL) and Chinese state-owned company NORINCO International Cooperation Limited (NORINCO) would jointly install a 1320 MW Coal Fired Thermal Power Plant in the region of Payra seaport at Patuakhali. To implement the project, A joint Venture Company “RPCL-NORINCO Intl. Power Limited (RNPL)” was formed and registered with the Registrar of Joint Stock Companies and firms, Bangladesh on 21st December, 2017 with 50:50 partnership. The power plant will be two unit (2x660), having a total capacity of 1320 MW financed by EXIM Bank China along with Bank of China. Sovereign Guarantee was obtained from the Finance Division of the Government of Bangladesh for 50% of the project cost of RPCL portion.
It's an initiative by RPCL and NORINCO to form a Joint Venture Company in the power sector of Bangladesh.
We are dedicated to provide our maximum effort to deliver and ensure smooth power supply all over Bangladesh including Marginal areas.
Energy produced from coal fired plants is cheaper and more affordable than other natural energy sources available.