EPV Thakurgaon Ltd HFO Power(Bangladesh)

EMA Power Investment, a joint venture fund between DL Energy and IDB Fund II, has developed a HFO-fired power project in Thakurgaon, Bangladesh (the “Project”). The Project was initially developed by a local company, Energypac Power Venture Ltd. (“EPVL”). The Project started its commercial operation in 2022, March

The Project comprises six engines worth a dependable capacity of 115MW

EMA will invest US$ 16 million in total and raise the remaining amount through ECA and MLA lenders.

The Project is expected to generate 604GWh of electricity annually for the next 15 years under PPA.
EPV Thakurgaon Ltd HFO Power(Bangladesh)

Project Outline

Project Outline
Company Name EPV Thakurgaon Ltd
Location Bangladesh
Generation Type HFO-fired
Capacity 115MW
PPA COD March, 2022
EPC Contractor Energypac Power Generation Ltd
Shareholder EMA (49%), EPVL (51%)