IPP POWER PLANT

115MW HFO POWER PLANT

Our Services

Sustainable Development through electrification in Northern Bangladesh.

Energizing progress in northern Bangladesh with strategic power generation initiatives for regional development and growth.

The company is established named EPV Thakurgaon Ltd.  HFO (Heavy Fuel Oil) based IPP (Independent Power Producer) plant at Thakurgaon with 115MW capacities with a 15 years facility from the COD (Commercial Operation Date). 

The Implementation Agreement (IA) of the project was signed on May 3, 2018 with Power Division and Power Grid Company Ltd (PGCB). And also signed the Power Purchase Agreement (PPA) between the Bangladesh power development Board (BPDB) and EPV Thakurgoan Ltd.

EPV Thakurgaon Ltd. (EPVTL) is a subsidiary projects of Energypac Power Venture Limited, has signed a Joint-Venture Agreement with EMA Power Investment Ltd. UAE Based EMA Power Investment Ltd. is a joint-venture between South Korean giant Daelim Energy and the IDB Infrastructure Fund II managed by ASMA Capital. As part of Joint Venture of EPVTL, Daelim Energy will invest USD 16 million in capital through EMA Power for this joint-venture partnership of 49% stake with Energypac Power Venture Limited (EPVL) for implementing 115MW HFO Based IPP Plant at Thakurgaon. Successful implementation of the project will be a milestone for the growth of the northern part of Bangladesh. 

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The Power Purchase Agreement (PPA) for 115MW net of EPV Thakurgaon Limited was signed in May 3, 2018, between BPDB and EPV Thakurgaon Ltd.

Power Plant Operation

Empowering Bangladesh:
Navigating the Landscape of Power Plant Operations for Sustainable Energy Growth

Leading Power Engineering Company in Bangladesh, to provide Best in class End to End engineering solutions ensuring highest value addition to those associated.

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115MW Plant, Thakurgaon

ENERGYPAC

Focused Information of Project

Project Info

  • COD – February 28, 2022
  • Project Status – Operational
  • PPA Tenure – 15 Years from the COD
  • Genset Manufacturer – MAN Disel & Turbo
  • Contract Type – Independent Power Producer
  • Project Location – Thakurgaon Sadar, Thakurgaon
  • Fuel Supplier – HFO, Imported by Project Company
  • EPC – Energypac Infrastructure & Development Ltd.
  • Off-Taker – Bangladesh Power Development Board (BPDB)