MoU signed for 3,600 MW power plant in Bangladesh
The Bangladesh Power Development Board (BPDB) has signed a memorandum of understanding (MoU) with General Electric for the development of the 3,600 MW LNG-based power plant located in Moheshkhali, Bangladesh.
Under the contract, BPDB will hold 51% while General Electric will own 30% to the project. The remaining stakes will be allocated for the potential investors.
An estimated US$1.6 billion and US$2.8 billion cost will be made for the land and power plant development, respectively.
Country updates
-
-
July 12, 2018
Summit, GE, Mitsubishi to develop Matarbari LNG facilities
Summit Corporation has partnered with GE (General Electric Company) and Mitsubishi Corporation in developing liquefied natural gas (LNG) facilities located in Matarbari near Cox's Bazar, Bang...
Read more -
July 10, 2018
Construction of Rooppur nuclear power plant's second unit has been approved
The Bangladesh Atomic Energy Regulatory Authority (BAERA) has given its approval for the construction of the second part of the nuclear power facility. BAERA will take care of the design and commissi...
Read more -
July 03, 2018
PROINSO announces development of 28 MW solar project in Bangladesh
PROINSO has announced that it has been working in partnership with Joules Power Limited (JPL) on a 28 MWp utility scale project in Bangladesh, the first of its kind in the country. The proje...
Read more -
May 08, 2018
Joint venture agreement signed for 1,320 MW coal-fired power project in Bangladesh
Bangladesh Power Development Board (BPDB) and China Huadian Hong Kong Company Ltd (CHDHK) have signed a joint venture agreement to construct a 1,320 MW coal-fired power plant in Maheshk...
Read more -
March 27, 2018
Contract framework agreement signed for 2000 MW coal-fired power plant in Bangladesh
GCM Resources, a London-based resource exploration and development company, has announced that it has agreed a Contract Framework Agreement with China Gezhouba Group International Engin...
Read more
