A consortium involving Sumitomo, Toshiba and IHI has been awarded a JPY500bn ($4.57bn) contract to build a deep-sea port and a coal-fired thermal power station in Bangladesh.
The contract, which was awarded by Coal Power Generation Company Bangladesh Limited, is being financed by the Japan International Cooperation Agency.
The project is modelled on Kashima Port in Japan will be constructed at designated sites on Matarbari Island in south-eastern Bangladesh.
Sumitomo will focus on civil work and supply of auxiliary equipment, as well as for port construction including dredging works, together with Japanese subcontractors such as Toshiba Plant Systems & Services Corporation and Penta-Ocean Construction Co.
Toshiba will supply and install the steam turbines and the generators, whereas IHI will be in-charge of providing and installing the boilers.
The coal power plant will be built using Japanese technology and will use imported coal as fuel. The thermal power plant will have a generation capacity of 1,200MW (two units of 600MW) and will constitute more than 10% of the total generation capacity of Bangladesh.
The first deep sea port in Bangladesh will be constructed adjacent to the power plant, contributing to further development of the Matarbari area.
Construction on the project is expected to start in August 2017, and is scheduled to be completed in July 2024.