Wednesday was the last date for submitting initial proposals for building 23 SPPs. Of these, 14 will be set up on the sites belonging to the Power Development Board (PDB). Eight plants will be installed on the sites of the Rural Electrification Board (REB) and one in the area of the Dhaka Electric Supply Company (Desco).

Officials said a total of 335 firms collected the Expression of Interest (EoI) forms from different power-supply agencies such as the PDB, the REB and the Desco. Each EoI form cost Tk 10,000.

Of the collected EoIs, 179 firms collected EoI from the PDB, but finally 106 firms submitted their EoIs.

On the other hand, 109 EoIs were dropped to vie for building the proposed eight SPPs of the REB.

The Desco sold 26 EoIs for its one project at Bashundhara. However, 14 firms finally submitted EoI for the project.

Capacity of each of the proposed plants will range from 10 to 50 megawatts. Installation cost of a 10-MW project is estimated Tk 30 crore.