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India-Bangladesh sign deal for construction of coal fired power plant
DHAKA. India and Bangladesh have signed a landmark deal for the construction of a 1,320 megawatt coal fired power plant, the biggest project under bilateral cooperation that would mark the transition from electricity export to generation level.
Bangladesh-India Friendship Power Company Limited (BIFPCL), the joint venture enterprise inked the deal with Bharat Heavy Electricals Limited (BHEL) in Dhaka. BHEL was selected under an open international tender for constructing the super thermal plant at Bangladesh’s southwestern Rampal near the Sundarbans.
India’s Exim Bank will provide 1.49 billion US dollars for the project, scheduled to start generating power in 2019. The Miatree Super Thermal Power Project marks an important milestone in the power co-operation between the two countries, marking the transition from power export to power generation.
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