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PRESS RELEASE 5 Apr 2017

Pöyry awarded owner's engineer services assignment for Ashuganj 400 MW Combined Cycle Power Plant (East) in Bangladesh

PÖYRY PLC   Press Release 5 April 2017 at 10:00 (EEST) 

Ashuganj Power Station Company Ltd. (APSCL), an enterprise of Bangladesh Power Development Board (BPDB) has awarded Pöyry with the owner's engineer services assignment for the Ashuganj 400 MW Combined Cycle Power Plant (East) project in Bangladesh.

The Bangladeshi government's Vision 2021 aims for 'a middle income country where poverty will be drastically reduced, our citizens will be able to meet every basic need and where development will be on fast track, with ever-increasing rates of inclusive growth'. And all this achieved on a sustainable basis without damaging the environment.

The associated 'Perspective Plan' aims to develop an integrated and developed energy sector with a diversified fuel mix that will be the key driver of a sustainable local and national economy, while attaining global competitiveness in all sectors by 2021 increasing electricity supply to 20,000 MW. 

Ashuganj 400 MW Combined Cycle Power Plant (East) will replace an old, inefficient 150 MW steam turbine generation plant. Ashuganj, in Brahmanbaria District, is approximately 90 km north east of the capital, Dhaka.

Site of Ashuganj 400 MW Combined Cycle Power Plant (East)

Pöyry's assignment includes Supervision of Demolition, Disposal and Site Preparation Supervision, Construction Supervision, Testing and Commissioning Supervision for 36 months starting from Q4/2017.

"It is a great pleasure having selected Pöyry as our Owner's Engineer, we trust that their competent advice will ensure the successful completion of the project" said Md. Anwar Hossain, Project Director, APSCL. 

"The plant will provide cost-competitive electricity to the people of Bangladesh as the country aims to rapidly increase electricity supply as part of 'Vision 2021'" says Michael Gruenenfelder, Regional Director of Pöyry's Thermal Power & Renewables business.

The value of the order is not disclosed. The order will be recognised within the Energy Business Group order stock in H1/2017. 

Contact

Dr Michael Gruenenfelder
Regional Director Europe & New Markets, Thermal Power & Renewables
Pöyry 
Tel. +41 78 706 31 28

Did you know? Pöyry has had substantial involvement in the design and construction of 60,000 MW of thermal power projects all over the world.

www.poyry.com/thermal 

About Pöyry

Pöyry is an international consulting and engineering company.  We deliver smart solutions across power generation, transmission & distribution, forest industry, chemicals & biorefining, mining & metals, transportation and water. Pöyry's net sales in 2016 were EUR 530 million. The company's shares are quoted on Nasdaq Helsinki (POY1V). Approximately 5,500 experts; 40 countries; 130 offices.

www.poyry.com