Marubeni Corporation has signed a Memorandum of Understanding (MoU) with Electricity Generation Company of Bangladesh Limited (EGCB), an electricity and utility company owned by the Bangladesh Development Board (BPDB). The MoU is regarding the joint development of the 100 MW solar PV project in Chittagong, Feni, southeast of the People’s Republic of Bangladesh.
The MoU was also approved by the Bangladesh Ministry of Power, Energy and Mineral Resources, an organization operating above EGCB and BPDB.