Chittagong Port Signs Deal for 8.42 MW Rooftop Solar Plant, Expects Tk 1 Billion in Power Savings Over 20 Years
How the deal works The Chittagong Port Authority has signed an agreement to install an 8.42-megawatt rooftop solar power plant under its Green Port Initiative. The aim is to cut electricity costs and reduce…
The Chittagong Port Authority has signed an agreement to install an 8.42-megawatt rooftop solar power plant under its Green Port Initiative. The aim is to cut electricity costs and reduce the port’s reliance on the national grid.
The agreement was signed on Monday, 19 October 2026, at the port’s One-Stop Service Centre with Greener Garments Initiative Ltd (GGI). Port Chairman Rear Admiral SM Moniruzzaman signed for the authority, and GGI’s Chief Executive Officer, Mohammad Nure Alam, signed for the company.
GGI will finance and implement the project under an operating expense (OPEX) model, in line with government directives. The port authority needs no initial capital investment or funding. GGI will handle design, equipment procurement, construction, testing, operation and maintenance.
The port will buy the electricity at a predetermined rate fixed in the agreement. The plant will supply power for 20 years from the start of commercial operations. It will meet part of the port’s daily electricity needs.
This story was originally published by Maritime Gateway. Read the full story at Maritime Gateway →
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