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What is the approved budget of Rampal Power Station?

The Maitree Super Thermal Power Project (Rampal Power Station) is a 1,320 MW coal-fired plant of two 660 MW units at Rampal in Bagerhat district, Bangladesh, built by Bharat Heavy Electricals Limited for the Bangladesh-India Friendship Power Company, a 50:50 joint venture of India's NTPC and Bangladesh's BPDB, financed through an Indian Exim Bank EPC package, with the notice to proceed on 24 April 2017, Unit 1 starting production in December 2022 and Unit 2 operating from 12 March 2024. BIFPCL's 2019 project synopsis gives the board-approved cost as BDT 16,000 crore, and the Financial Express in December 2022 gave about Tk 160 billion (USD 2.0 billion).

Approved budget

BDT 160 billion

Approximately $2.04 billion

Cost basis: 2016

Rampal Power Plant
唳曕唳 唳唳むCC BY-SA 4.0

Cost evidence

Basis of the published figure

Approved budget2016
thefinancialexpress.com.bd

Project metrics

Key dimensions

Project record

Timeline

  1. 24 April 2017

    Construction started

    Bangladesh-India Friendship Power Company Ltd
  2. 2022

    Opened or launched

    The Financial Express
  3. 12 March 2024

    Completed

    Global Energy Monitor

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