GE (NYSE: GE) today announced that it will be providing its advanced gas turbine technology upgrade Advanced Gas Path (AGP) for the upcoming Reliance Bangladesh LNG & Power Ltd's 718-megawatt (MW) combined cycle power plant in Meghnaghat, Bangladesh.
Reliance Bangladesh LNG & Power Ltd. is a joint venture between India's Reliance Power and Japan's JERA.
Built by Engineering, Procurement, & Construction (EPC) group Samsung C&T, Meghnaghat power plant will be powered by two GE 9F gas turbines, one GE D11 steam turbine and three H53 generators.
Scheduled to start generating power in 2022, the power plant will utilise re-gasified liquified natural gas (LNG) fuel to generate the equivalent electricity needed to supply more than 850,000 homes in Bangladesh.
GE's contract with Samsung C&T includes GE's AGP upgrade for two GE 9F.03 gas turbines, steam turbine refurbishment along with control upgrades and parts supply.
Once implemented, the upgrade solution will help in delivering up to 6.7 percent increase in power output, up to 3.3 percent improvement in heat rate, up to 2 percent increase in efficiency, enhanced operational flexibility and extending the maintenance interval up to 32,000 hours.
"Bangladesh needs a massive push to develop a robust power infrastructure that can sustain long-term power supply to meet the needs of the progressing economy, which is currently among the top 5 fastest-growing economies," Reliance Bangladesh LNG & Power Ltd CEO Ranjan Lohar said.
"The project will give a tremendous boost to the economic and industrial growth of Bangladesh and help to enhance the energy supply with clean and reliable LNG-based power. The strength of GE's advanced technology combined with the global expertise from Samsung C&T will help us power growth and prosperity in the country for years to come," he added.
"GE has been at the forefront to keep its customers ahead in the technology curve by offering advanced solutions for the upcoming large-scale power plants in Bangladesh," CEO of Gas Power, GE South Asia Deepesh Nanda said.
"Powered by GE's F-class technology, the new 718 MW power plant will set global benchmarks in terms of fuel efficiency and operational reliability. The electricity from the power plant will contribute towards improving the per capita energy consumption in Bangladesh," he added.
Meghnaghat, situated near Dhaka, is a strategic location having multiple private sector power plants feeding power to the capital city of Bangladesh.
Today, GE has an installed base of 38 gas turbines generating approximately 3 GW of electricity in Bangladesh.
The company has a robust portfolio of gas turbine technologies including H-class, E-class, F-class, Frame 6, and aero-derivatives, installed across operational and upcoming power plants in the country.