PGCB ADB Annual Session Presentation Overview
This is an analysis of the Bangladesh Power Grid Company (PGCB) presentation delivered at the Asian Development Bank (ADB) annual session. PGCB, the sole transmission system operator in Bangladesh, operates roughly 12,000 km of transmission lines and 170 substations. It announced a master plan to raise national transmission capacity from 16,000 MW to 30,000 MW by 2030. The total program size is estimated at USD 8.5B, with ADB lending USD 2.5B.
Seven-Project Grid Expansion Program
The master plan is organized into seven core projects: 400 kV backbone reinforcement, a new Eastern Power Corridor, a Southern Coastal Link, an HVDC submarine cable, digital substations, SCADA modernization, and system power quality improvement. Five of these projects are to be financed through ADB loans.
| Project | Route / Scope | Scale | Funding | Schedule |
|---|---|---|---|---|
| 400 kV Backbone Reinforcement | Dhaka-Chittagong-Sylhet | USD 2.0B | ADB USD 800M | 2024-2028 |
| Eastern Corridor | Comilla-Sylhet 230kV | USD 1.2B | ADB USD 500M | 2025-2029 |
| Southern Coastal Link | Khulna-Patuakhali | USD 1.0B | ADB USD 400M | 2025-2030 |
| HVDC Subsea | Barisal-Chittagong subsea | USD 1.5B | ADB USD 600M | 2026-2030 |
| Digital Substations | 20 GIS substation sites | USD 1.0B | ADB USD 200M | 2024-2027 |
| SCADA Upgrade | Nationwide control integration | USD 0.5B | Own funds + JICA | 2024-2026 |
| Power Quality | Reactive power and power factor | USD 0.3B | Own funds | 2024-2026 |
Korean Participation and Market Opportunities
Korean firms have already secured over USD 150M in PGCB-related awards. Korea Cable, Korea Electric Co, and Korea Hyosung have participated to date, and expected Korean participation across the seven projects is above USD 1.5B.
ADB Procurement Guide
Procurement for ADB loan projects follows the ADB Procurement Framework (2017), with international competitive bidding (ICB) as the default. This section summarizes the essential entry steps for Korean suppliers.