AIIB to finance 220 MW power plant in Bangladesh
The Asian Infrastructure Investment Bank’s (AIIB) has announced that its Board of Directors has approved a loan of up to US$60 million for the Bangladesh Bhola independent power project, which involves the development of a greenfield 220 MW combined cycle power plant in Bhola island in the Barisal district of Bangladesh.
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Country news
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February 02, 2018
Bangladesh and Indonesia sign MoU on US$2 billion 1400 MW gas project
Indonesia’s state-owned diversified energy company PT Pertamina and Bangladesh Power Development Board (BPDB) have signed a memorandum of understanding (MoU) to develop an integrated gas project, comprising of a combined cycle gas turbine (CCGT) power plant with installed capacity of 1400 MW and a floating, storage and regasification unit (FSRU). The estimated total investment is US$2 billion.
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December 13, 2017
ADB underwrites Bangladesh power station for $583 million
The Asian Development Bank’s (ADB) Board of Directors has approved debt financing and partial risk guarantees totaling US$583 million to develop the Reliance Bangladesh Liquified Natural Gas (LNG) and Power Project.
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August 28, 2017
Financial close for Sembcorp's 414 MW IPP power project in Bangladesh
Sembcorp has announced it has reached financial close on the 414 MW Sirajganj greenfield gas-fired power project in Bangladesh.
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May 10, 2017
IFC to finance Excelerate Energy Ltd to build Bangladesh’s first LNG import terminal
The private finance arm of World Bank, International Finance Corporation (IFC), has agreed to extend finance to build Bangladesh’s first LNG import terminal to Excelerate Energy Ltd.
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March 10, 2017
North-West Power Generation Company signs debt on 230 MW Sirajganj IPP
MIGA, a member of the World Bank Group, continued its commitment to Bangladesh's power sector by announcing a guarantee of US$69.5 million for Standard Chartered Bank (SCB) and Siemens Bank's loans to North-West Power Generation Company Limited (NWPGCL), a state-owned power generation utility.
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