Orion Group consortiums: IEL Consortium & Associates Ltd (IEL)
Dutch Bangla power & Associates Limited
The premier on June 11, 2011 in Narayanganj inaugurated a 100MW furnace oil-fired quick rental power plant that belongs to IEL Consortium and Associates, a sister concern of Orion Group. It started commercial operation on March 17 this year.
PDB signs quick rental power plants’ contracts
The state-owned Power Development Board (PDB) today (Thursday) signed contracts with two private companies to purchase 200 MW electricity from quick rental power plants (QRPP).
As per contracts, the IEL Consortium and Associates, a subsidiary of Orion Group, will set up a 100 MW plat at Meghnaghat in Narayanganj within next nine months and the PDB will purchase electricity from the plant for next 5 years at a rate of at Tk 7.78 per unit (per kilowatt hour).
Similarly, Dutch Bangla Power Ltd will set up a 100 MW plant at Siddhirganj in Narayanganj in the next nine months and PDB will buy electricity from the plant at the same rate.
Obaidul Karim, Chairman of Orion Group, signed the contract on behalf of his company while Alauddin Ahmed Chowdhury, who served as protocol officer to Prime Minister Sheikh Hasina during her last tenure, signed the contracts on behalf of his company Dutch Bangla Power Ltd.
PDB secretary Md. Azizul Islam signed the agreements on behalf of his organisation.
With the signing of latest contracts, the PDB so far signed a total of 7 contracts with different private sponsors to set up rental power plants with a total capacity of about 700 MW.
In the coming months, PDB has plans to sign more contracts to increase the purchase of electricity from quick rental power plants to about 1500 MW. All the contracts for quick rental power plants are being awarded to the private sponsors without any tender.
More About Obaidul Karim>>>>>>>>
Dutch Bangla power & Associates Limited
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| Obaidul Karim Owner Of Orion Group |
The premier on June 11, 2011 in Narayanganj inaugurated a 100MW furnace oil-fired quick rental power plant that belongs to IEL Consortium and Associates, a sister concern of Orion Group. It started commercial operation on March 17 this year.
PDB signs quick rental power plants’ contracts
The state-owned Power Development Board (PDB) today (Thursday) signed contracts with two private companies to purchase 200 MW electricity from quick rental power plants (QRPP).
As per contracts, the IEL Consortium and Associates, a subsidiary of Orion Group, will set up a 100 MW plat at Meghnaghat in Narayanganj within next nine months and the PDB will purchase electricity from the plant for next 5 years at a rate of at Tk 7.78 per unit (per kilowatt hour).
Similarly, Dutch Bangla Power Ltd will set up a 100 MW plant at Siddhirganj in Narayanganj in the next nine months and PDB will buy electricity from the plant at the same rate.
Obaidul Karim, Chairman of Orion Group, signed the contract on behalf of his company while Alauddin Ahmed Chowdhury, who served as protocol officer to Prime Minister Sheikh Hasina during her last tenure, signed the contracts on behalf of his company Dutch Bangla Power Ltd.
PDB secretary Md. Azizul Islam signed the agreements on behalf of his organisation.
With the signing of latest contracts, the PDB so far signed a total of 7 contracts with different private sponsors to set up rental power plants with a total capacity of about 700 MW.
In the coming months, PDB has plans to sign more contracts to increase the purchase of electricity from quick rental power plants to about 1500 MW. All the contracts for quick rental power plants are being awarded to the private sponsors without any tender.
More About Obaidul Karim>>>>>>>>
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