Ashuganj Power Station Announces Project Financing for Gas-Fired Combined Cycle Power Plant in Bangladesh

Ashuganj Power Station Company Ltd. (APSCL) announced the project financing for the development of a gas-fired combined cycle power plant in Bangladesh in May 2012. The state-owned company signed a deal with a consortium from Sweden and Spain to set up a 450 Megawatt (MW) gas-fired combined cycle power plant. The financing has been provided through a credit facility with an interest rate of 3.3% per annum. The total cost of the project is estimated at $315m. According to the deal, the plant's gross production capacity will be 382.30 MW while the net output will be 373.312 MW. The plant will run at 56.81% efficiency using natural gas of 48.80 million cubic feet (MMcf) per day. The commercially proven capabilities of a combined cycle power plant, such as high efficiency, low emissions and a shorter construction time, will enable this facility to quickly add 450 MW to the country’s total installed capacity. The Ashuganj power station will be the country's second largest power generator and is expected to remove the demand and supply gap and end the power crisis in the country.

Scope

The information related to the deal announced by APSCL for project financing a gas fired combined cycle power plant in Ashuganj, Bangladesh

  • Comparison of similar project financing deals
  • Key drivers of the deal
  • Rationale of the deal
  • A brief on Ashuganj Power Station Company Ltd.

Reasons to buy

The Deal Report allows the reader to:

  • Understand the reasons for the investment
  • Understand the response from the markets
  • Understand the impact of the deal on APSCL

Table of Contents

1 Table of Contents 1

1.1 List of Tables 1

2 Summary 1

3 Ashuganj Power Station Announces Project Financing for Gas-Fired Combined Cycle ...

1 Table of Contents 1

1.1 List of Tables 1

2 Summary 1

3 Ashuganj Power Station Announces Project Financing for Gas-Fired Combined Cycle Power Plant in Bangladesh 1

3.1 Deal Overview 1

3.2 Deal in Brief 2

3.3 Comparable Deals 2

3.4 Key Drivers of the Deal 2

3.4.1 Increasing Gas Resource Utilization with High Efficiency Combined Cycle Gas Turbine Plants 2

3.4.2 Shorter Construction Time Aids in Quick Commercialization of Combined Cycle Plants 3

3.4.3 Increasing Replacement and Modernization Activity in Thermal Power Plants 3

3.5 Deal Rationale 3

3.6 About the Companies 4

3.6.1 Ashuganj Power Station Company Ltd. 4

3.6.2 Multilateral Investment Guarantee Agency 4

3.6.3 Hong Kong and Shanghai Banking Corporation 4

3.6.4 Office National Du Ducroire Nationale Delcrederedienst 4

4 Appendix 4

4.1 Abbreviations 4

4.2 Sources 4

4.3 Methodology 5

4.3.1 Coverage 5

4.3.2 Secondary Research 5

4.3.3 Primary Research 5

4.3.4 Modeling and Forecasting 5

4.4 Contact Us 5

4.5 Disclaimer 6

List of Tables

1.1 List of Tables

Table 1: Comparable Deals 2

Table 2: Generation Plan of APSCL up to 2030 3

Table 3: Ashuganj Power Station ...

1.1 List of Tables

Table 1: Comparable Deals 2

Table 2: Generation Plan of APSCL up to 2030 3

Table 3: Ashuganj Power Station Company Ltd, Key Information and Status 4

Table 4: Abbreviations 4

    Pricing

Discounts available for multiple report purchases.

reportstore@globaldata.com
+44 (0) 161 359 5813

Join our mailing list

Saved reports