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Re-tendering of Siddhirganj peaking plant in doldrums
20 July 2010: The Power Division, Bangladesh is yet to begin the process for re-tendering for the 300 MW Siddhirgaganj peaking power plant.
The Division has tried to pursue World Bank (WB), the financer of the project, to accept the Siemens machine, offered by the first lowest bidder for which the donor agency has a worldwide ban.
Being failed to achieve this goal, of late the Power Division moved for pursuing the World Bank to accept the offer from a second lowest bidder, for which the donor agency has strong reservation because of its various deviations in its offer.
The 300 MW Siddhirganj peaking power plant is a long standing issue for the Power Division. The government took up the project in 2004-05 for which the World Bank approved a loan of $196 million (approx Rs 921.2 crore).
The implementing agency of the project Electricity Generation Company of Bangladesh (EGCB) invited tender in 2009 and a number of international bidders participated in the bidding.
Source: Bangladeshinfo