“We have received documents from three firms. We will now evaluate the bids and make a short list of selectees,” Coal Power Generation Company Bangladesh Limited (CPGCBL) managing director Md Abul Quasem told the Dhaka Tribune on Wednesday.
“We will send the selectees proposal requests to build the ultra supercritical power plant,” he said.
The three bidders are the Japan-based Mitsubishi Corporation, Indian Larsen & Toubro Limited, and China Energy Engineering Group Co. Ltd.
The proposed plant’s owners are the state-owned CPGCBL and Singapore's Sembcorp.
When the EoI was first called on December 5, 2016, it required only companies with experience constructing supercritical or ultra-supercritical power plants to participate in the bid.
This requirement was scrapped in a revised notice on January 12 this year, allowing less qualified bidders to submit proposals.
Following the amendment to the EoI, bidders with experience only in constructing sub-critical power plants could submit proposals for the plant.
To give new bidders time to submit proposals, the deadline to submit the EoI was extended from January 18 to February 7.
A memorandum of understanding (MoU) signed on December 9, 2015 stated that CPGCBL and Sembcorp will jointly build and finance the plant. The project will be implemented on a 50:50 equity basis.
As per the MoU, Sembcorp will construct the power plant, a jetty for coal imports, coal storage facilities, the development of a township, rural electrification and transmission facilities, and roadways.