US-DK GREEN ENERGY (BD) LTD
US-DK GREEN ENERGY (BD) LTD is SQ Group’s GREEN project initiatives. It took over this project of installing and commissioning of a 60MW Windmill Power Generation Plant. On May 15, 2014 – the PPA and IA was signed between US-DK Green Energy (BD) Ltd. and the Bangladesh Power Development Board (BPDB) at a ceremony in Dhaka.
The PPA tariff is $120 per MWH and assured through a sovereign guarantee (IA) by the Government of Bangladesh. Project site is located just northeast of Cox’s Bazar airport called Khurushkul. The total project estimated cost is $120 million when fully commissioned. It is conservatively estimated that approximately 167,000MWH can be produced on the site on an annual basis if moderate turbine spacing is utilized as well as normal line and efficiency losses are applied. This project has been implementing under joint investment with State Power Investment Corporation Ltd. (SPIC), China. The picture below illustrates a rendering of how the proposed site will look from the waterway to the west of the project.