Planned to be built in Goalpara, the facility will produce 200MW-300MW, and is estimated to cost between BDT25bn ($316.3m) and BDT30bn ($379.5m).

A BPDB official was quoted by Dhaka Tribune as saying: "Setting up a new plant was not in the government’s plan but two plants in Khulna’s Goalpara, which were once known as the power house of the district, turned unusable allegedly because of negligence and lack of monitoring.

"This has compelled the government to take the new project."

The state-owned power board is seeking international tenders for the projects. Interested companies can bid for the contract by 2 July.

BPDB chairman Shahinul Islam Khan said: "Implementing through bidder’s financing means the contractor will arrange international financing for the project."

The selected bidder will provide engineering, design, supply, erection, installation, testing and commissioning services.

Work on the proposed project is expected to take around two-and-a-half years to complete.