Signing of Japanese ODA Loan Agreement with Bangladesh: Contributing to the acceleration of economic growth through the development of core infrastructure

[Goal 7] Affordable and Clean Energy
SDGs
[Goal 9] Industry, Innovation and Infrastructure
SDGs

2023.10.02

On September 30, the Japan International Cooperation Agency (JICA) signed a loan agreement with the Government of the People's Republic of Bangladesh in Dhaka to provide a Japanese ODA loan of up to 217,556 million yen for the Matarbari Ultra Super Critical Coal-Fired Power Project (VII).

The objective of the project is to increase the stable power supply and to diversify energy sources in Bangladesh by constructing an ultra-supercritical coal-fired power plant and related facilities such as a port for coal delivery, transmission lines, and access roads in the Matarbari area, thereby contributing to nationwide economic development. The project will contribute to the achievement of SDGs (Sustainable Development Goals) Goals 7 (Affordable and clean energy) and 9 (Industry, innovation and infrastructure).

signing ceremony

signing ceremony

Details for the loan are provided below.

1. Terms and Amount of Loan

Project title Amount
(million yen)
Annual interest rate (%) Repayment
period
(years)
Grace
period
(years)
Procurement
Project Consulting
services
Matarbari Ultra Super Critical Coal-Fired Power Project (VII) 217,556 1.60 0.1 30 10 General untied

2. Executing Agency

(1) Coal Power Generation Company Bangladesh Limited
Address: CPGCBL, Unique Heights Level 17, 117 Kazi Nazrul Islam Avenue, Eskaton Garden Road, Dhaka-1217, Bangladesh
Phone: +880-2-9180788,FAX: +880-2-9348306

(2) Power Grid Company of Bangladesh Limited
Address: IEB Bhaban 3rd Floor& 4th Floor, 8/A Ramna, Dhaka-1000, Bangladesh
Phone: +880-2-9338529, FAX: +880-2-9348306

(3) Roads and Highways Department, Ministry of Road Transport and Bridges
Address: Sarak Bhaban, Tejgaon Industrial Area, Dhaka-1208, Bangladesh
Phone: +880-2-8879299 , FAX: +880-2-8879199

3. Planned Implementation Schedule

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