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Envision Energy has signed a Power Purchase Agreement (PPA) with Bangladesh’s state-owned utility, Bangladesh Power Development Board (BPDB).
According to the agreement, Envision Energy will build a 55MW wind farm at Mongla in Bagerhat, and BPDB has committed to purchase all the electricity generated from this plant at a levelised tariff of US$ 13.20 Cents, equivalent to Tk 10.56 per kilowatt hour over the period of 20 years. Mongla Wind Farm will be equipped with Envision’s 171-4.5 MW turbines and is expected to complete by 2024.
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