Bangladesh and India sign agreement for joint coal fired power plant – Feedback

Bangladesh and India today signed a landmark deal for the construction of a 1,320 megawatt coal fired power plant, the biggest project under bilateral cooperation that would mark the transition from electricity export to generation level.

Bangladesh-India Friendship Power Company (Pvt) Limited (BIFPCL), the joint venture enterprise inked the deal with Bharat Heavy Electricals Limited (BHEL), which was selected under an open international tender for constructing the super thermal plant at Bangladeshs southwestern Rampal near the Sundarbans. Indias Exim Bank will provide USD 1.49 billion for the project, scheduled to start generating power in 2019. “This ceremony marks the beginning of the biggest project under Bangladesh-India cooperation,” state minister for energy and power Nasrul Hamid said.

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