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BIFPCL Signs Contract Agreement for Main Plant EPC Turnkey Package of 2x660 MW Maitree Super Thermal Power Project at Bangladesh
Bangladesh-India Friendship Power Company (Pvt.) Limited (BIFPCL),a company registered in Bangladesh and promoted by BPDB of Bangladesh and NTPC Limited of India with equal (50:50) equity contribution for development of power project (s) in Bangladesh signed Contract Agreement for Main Plant EPC (Turnkey) Package with Bharat Heavy Electricals Limited (BHEL), India to construct 2x660 MW Maitree Super Thermal Power Project at Rampal Upazila under Bagerhat district of Bangladesh on 12th July, 2016 at Bangladesh.
BIFPCL selected BHEL through an international open bidding process. Construction of this prestigious project will contribute immensely to the overall development of Bangladesh especially its power sector. The contract value of the project is 1.49 billion USD which will be financed by Indian Exim Bank. The plant is expected to come to generation during the financial year 2019-20.
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