Sunday, January 29, 2012

India cooperates to jointly buld major new coal-fired power plant in Bangladesh

Bangladesh's state-owned Power Development Board (PDB) has signed a $1.5 billion, 50:50 joint venture deal with India's state-owned National Thermal Power Company (NTPC) to build a 1,320 MW coal-fired power plant, the country's biggest, to provide electricity to Bangladesh's grid. The plant is scheduled to be operational by 2015 and will be located at Bagerhat's Rampal.

"Coal will be imported to run the plant from Indonesia, Australia and South Africa to run the plant, we'll use local coal if we get supply as per the demand of the plant," PDB chairman A S M Alamgir Kabir said, as quoted by Times of India.

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