Company Overview

About RNPL

RPCL-NORINCO International Power Limited — 1320 MW Coal-Fired Thermal Power Plant, Patuakhali.

Company
Overview.

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n line with the Government's vision to provide electricity to all citizens of Bangladesh, state-owned Rural Power Company Limited (RPCL) and the Chinese state-owned company NORINCO International Cooperation Limited (NORINCO) have jointly initiated the development of a 1,320 MW Coal-Fired Thermal Power Plant at the Payra Seaport region in Patuakhali.

To execute the project, a joint venture company, RPCL-NORINCO Intl. Power Limited (RNPL) was established and registered with the Registrar of Joint Stock Companies and Firms, Bangladesh, on December 21, 2017, with a 50:50 partnership. The plant consists of two units (2×660 MW), with a total capacity of 1,320 MW, and is being financed by EXIM Bank China and the Bank of China. A sovereign guarantee for 50% of RNPL's project cost was provided by the Finance Division of the Government of Bangladesh.

The Bangladesh Power Development Board (BPDB) will purchase the entire electricity generation from the power plant. In support of this, Power Purchase Agreements (PPA) and Implementation Agreements (IA) have been signed.

The project site, located in Kalapara Upazila of Patuakhali District, was selected by RPCL following a detailed feasibility study and environmental impact assessment. A total of 915.74 acres of land was acquired, with 500 acres leased to RNPL under a long-term agreement.

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A robust 1,320 MW joint venture forged to illuminate the nation's future.

The project includes the construction of a jetty and coal handling facilities, power plant construction, township development, and transmission infrastructure. RNPL entered into an EPC contract with the "Consortium of TEPC-CHEC-CWEC".

The plant utilizes ultra-supercritical technology and imported coal from Indonesia and Australia. Despite delays due to COVID-19, and after waiting six months to connect to the National Grid through Amtoli Switching station, RNPL successfully commenced trial electricity generation.

The first and second units began generating electricity in January and April 2025, respectively. The Initial Operation Date (IOD) was completed in September 2025. Efforts are underway to achieve the Commercial Operation Date (COD) for both units by April 2026. Additionally, 30 acres of land were designated for resettlement, creating a residential township for 281 families.

Technical
Specifications.

System Capacity
1320 MW

Patuakhali 1320 (2x660) MW Coal Fired Thermal Power Plant Framework.

Operation Target

Apr
2026

Unit 01 Sep 2025
Unit 02 Apr 2026
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Technology class

Ultra Supercritical

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Cooling Array

Closed Cycle

Cooling Tower System

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Pollution Control

Low Nox Burner, Electro Static Precipitator (ESP), Flue Gas De-Sulfurization (FGD)

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Transmission

400 kV Grid Tie

Evacuation to National Grid

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Fuel Specifications

Imported Coal

12K tons/day • 4M tons/year

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Primary Offtaker

Bangladesh Power Development Board

Corporate
Information.

inventory_2 Registry
Registration ID C-142098/2017
Incorporation December 21, 2017
Project Cost USD 2.54 Billion
Entity Status Private Limited
account_balance Capital Matrix
Authorized Capital 70.0 Billion BDT
Paid-up Capital 52.88 Billion BDT
Face Value per Share 100.00 BDT
Shareholder Entity
50%
Rural Power Company Limited
account_balance_wallet 70:30 Debt Ratio
50%
NORINCO International

Debt financed by EXIM Bank China & Bank of China

Board of
Directors.

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Chairman

Major General
S M Zia-Ul-Azim

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Managing Director

A.H.M Rashed

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Executive Director

Wang Chao

Tech
Vision & Mission

Vision &
Mission.

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The Vision

To be a leader in sustainable and reliable power generation through innovation and advanced technology, contributing economic development of Bangladesh.

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The Mission

To generate reliable and quality power through the efficient use of advanced technologies, while strengthening Bangladesh's energy security, upholding the highest standards of governance, and fostering sustainable economic development through international collaboration.

Core Values

"We create value for society through operational excellence, integrity, collaboration, and inclusivity."

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Corporate HQ

"Asian Tower" (Level- 9, 10 & 11)
House # 52, Road # 21, Nikunja-2, Khilkhet
Dhaka-1229, Bangladesh.

Administrative Framework

Power Division, Ministry of Power, Energy & Mineral Resources.

Financial Auditor

A. Qasem & Co., Chartered Accountants