A consortium of Larsen & Toubro (L&T) and Samsung C&T Corporation of South Korea has bagged an engineering, procurement, construction (EPC) contract worth around USD 250 million.
The company has secured the contract from Bangladesh Power Development Board (BPDB).
The contract is for setting up the Bibiyana South 400 MW combined cycle power plant project.
The scope of work includes design, detail engineering, supply, installation and commissioning of the complete power plant on a turnkey basis. The plant will incorporate a single shaft advanced class gas turbine, steam turbine, and generator from Siemens AG of Germany, which will be procured by L&T.
L&T-Sargent & Lundy, a joint venture company of L&T and Sargent & Lundy, will carry out the plant integration and detail engineering, using propriety technology of Sargent & Lundy.
The project will be executed by the gas-based power projects business unit of L&T, based out of Vadodara. The project will be located at Bibiyana Upzila in Hobiganj district.
The company is also executing the Bibiyana-III 400 MW combined cycle power project of BPDB for Marubeni Corporation of Japan, on EPC basis. The project is in an advanced stage of execution.