Brief Overview of BPDB-RPCL Powergen Ltd.
Electricity is the driving force of modern civilization. It is the back-bone of all development activities of the country. But the present generation capacity of the country is not sufficient enough to meet the prevailing load demand and causes insurmountable impedance to the development activities in industrial, commercial, agricultural and other social sectors. Furthermore, the load demand is increasing at a faster rate which needs more power plants to generate electricity for supporting the on-going development activities of the country. In addition, the Government is committed to provide electricity for all by 2021. To cope-up with the growing load demand as well as to comply with the policy of the Government, required quantity of electricity needs to be generated.
In the recent past, under Govt. Power Sector Reforms Policy of the Government, a number of generation companies including several transmission and distribution companies were established. BPDB-RPCL Powergen Ltd. is an outcome of this program with an aim to meet the country`s gradually increasing electricity demand. BPDB-RPCL Powergen Limited being registered as a Public Ltd. Company under the Companies Act, 1994 by Joint Stock Companies & Firms, was incorporated in Bangladesh on 10 November 2010 under the sponsorship of Bangladesh Power Development Board (BPDB) and Rural Power Company Limited (RPCL) with 50:50 share composition. BPDB-RPCL Powergen Ltd, on the way to it`s mission is implementing Kodda 150 MW (±10%) Dual Fuel (HFO/Gas) Power Plant at Kodda, Gazipur, under Buyer`s Credit. It is a pleasure to share with all that the construction work has been completed and with the on-going Commissioning activities of the Power Plant, this long cherished dream project will hopefully go on Commercial Operation by April-2015.