Thakurgaon HFO Power(Bangladesh)

EMA Power Investment, a joint venture fund between Daelim Energy and IDB Fund II, develops a 115MW HFO-fired power project, in Thakurgaon, Bangladesh (the “Project”). The Project was initially developed by a local company, Energypac Power Venture Ltd (“EPVL”).

Daelim Energy will invest US$ 16 million and will raise the remaining amount through ECA and MLA lenders.

The Project will generate annually 604GWh of electricity over 15 years under PPA.

Thakurgaon HFO Power(Bangladesh)

Project Outline

Project Outline
Company Name EPV Thakurgaon Ltd
Location Bangladesh
Generation Type HFO-fired
Capacity 115MW
Construction Start 2018.10
PPA COD 2020.03 (Plan)
EPC Contractor Energypac Power Generation Ltd
Shareholder EMA (49%), EPVL (51%)