Land Lease Agreement Between NWPGCL and BCPCL
for Payra 1320 MW Thermal Power Plant Project
A LAND LEASE AGREEMENT was signed on 19.09.2016 by and between North- West Power Generation Co. Ltd and Bangladesh-China Power Company (Pvt.) Limited (a JVC of NWPGCL, Bangladesh and CMC, China) for the implementation of PAYRA 1320 (2 X 660) MW POWER PLANT PROJECT at Kalapara, Patuakhali. The Bangladesh Government has allocated 998.77 acres land in favor of North-West Power Generation Co. Ltd for implementing the said project on turn-key basis by using eco- friendly ultra super critical technology. 1st unit and 2nd unit of the plant are expected to come into operation in April, 2019 and October, 2019 respectively. The Plant will be operated by imported coal. This is a milestone for the Company.