Sembcorp lowest bidder for B'desh power supply tender

New Delhi: Sembcorp Energy India is set to bag a tender for supply of 250 megawatts of electricity to Bangladesh after it bid the lowest tariff.

Sources with direct knowledge of the development said Sembcorp Gayatri Power, a subsidiary of Sembcorp Energy India Ltd, bid the lowest among half a dozen power utilities that submitted offers to Bangladesh Power Development Board (BPDB) for the supply of 250 MW of electricity for 15 years.

It wasn't immediately known as to how much Sembcorp had bid.

Bangladesh Power Development Board (BPDB) had in February invited bids for buying 250 MW power from Indian firms for short duration (August 1, 2018, to December 31, 2019) and long-term (January 1, 2020, and July 31, 2033).

Besides Sembcorp, other bidders included Adani Power Mundra Ltd, Hindustan Power, Jaiprakash Power Ventures Ltd, Meenakshi Energy Pvt Ltd and Odisha Power Generation Corp Ltd.

Sources said, Sembcorp made the most competitive offer for supply of electricity generated from imported coal at its Andhra Pradesh plant.

While BPDB officials were not reachable for comments, a Sembcorp spokesperson said, "Sembcorp Energy India's subsidiary SGPL has participated in the Bangladesh Power Development Board's bid for supply of 250 MW power for 15 years. We are awaiting an official notification on the outcome. In view of this, it is not appropriate for us to comment further."