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Bangladesh: Siddhirganj Peaking Power Project

October 30, 2008

IDA Credit: US$350 million
TERMS: Maturity= 40 years; Grace = 10 years
Project Description: This project aims to finance the construction of a 300 megawatt, gas turbine power plant at Siddhirganj, an existing power generation site to the southeast of Dhaka.  It will also finance a 60 km natural gas pipeline from Bakhrabad to Siddhirganj that will improve the reliability of gas supply to the Siddhirganj power plant, and an 11 km electricity transmission line so that power from the plant can be distributed to consumers.

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