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DHAKA: Bangladesh has signed a $1.5 billion deal with India's NTPC to build a 1,320 MW coal-fired power plant, the country's biggest, to help ease acute power shortages.
Bangladesh's state-owned Power Development Board (PDB) struck the 50:50 joint venture deal with India's public sector National Thermal Power Company (NTPC).
Under the pact, a JV company will be floated to install and operate the plant while the PDB and the NTPC will implement the USD 1.5 billion project.
Source
Bangladesh's state-owned Power Development Board (PDB) struck the 50:50 joint venture deal with India's public sector National Thermal Power Company (NTPC).
Under the pact, a JV company will be floated to install and operate the plant while the PDB and the NTPC will implement the USD 1.5 billion project.
Source