About Maitree Super Thermal Power Project (STPP):
- It is a 1,320MW coal-fired power station under construction in Rampal, Bangladesh.
- It is being developed on a 1,834-acre site on the bank of Passur River, approximately 14km away from the Sundarbans.
- It is being developed by Bangladesh India Friendship Power Company (BIFPCL), a 50:50 joint venture between India’s state-run National Thermal Power Corporation (NTPC) and Bangladesh Power Development Board (BPDB).
- The construction of the project commenced in April 2017.
- It will be one of the biggest coal-fired power plants in Bangladesh, along with the Payra Power Plant in Pataukhali, which commenced test production in January 2020.
- Plant make-up:
- The plant will consist of two ultra-supercritical coal-fired units of 660MW capacity each.
- It will have a stack height of more than 275m.
- The design features a twin-flue steel-lined reinforced concrete chimney.
- Both the units will be equipped with flue gas desulfurization (FGD) and dry bottom ash-handling systems to control emissions.
- It is being financed through a £1.3bn ($1.6bn) loan from the Export-Import (EXIM) Bank of India.
- BIFPCL entered into a loan agreement with the EXIM Bank of India in March 2017.
- Contractors involved:
- BHEL was awarded an engineering, procurement, and construction (EPC) contract worth £1.15bn ($1.5bn) for the plant in July 2016.
- BHEL subcontracted global technology company GE for the supply of pressure part components for the project in May 2017.
Q) What is the Export-Import (EXIM) Bank of India?
It is the premier export finance institution of the country. It was established by the Government of India, under the Export-Import Bank of India Act, 1981. EXIM Bank wholly owned by the Government of India. It provides financial assistance to exporters and importers. It extends Lines of Credit (LOCs) to overseas financial institutions, regional development banks, sovereign governments and other entities overseas, to enable buyers in those countries to import developmental and infrastructure projects, equipment, goods and services from India, on deferred credit terms. It functions as the principal financial institution for coordinating the work of institutions engaged in financing export and import of goods and services with a view to promoting the country's international trade.