Adani, Reliance to build Bangladesh power plants

Two leading Indian power firms will build several plants in Bangladesh to produce up to 4,600 megawatts of electricity, a senior official said on Saturday.

modi-hasina
Indian PM Narendra Modi handing over main steering wheel of INS Vikrant to Sheikh Hasina at the Prime Minister’s Office in Dhaka Saturday, June 6, 2015.

Adani Power Limited of India and Reliance Power Limited of India signed separate memorandums of understanding with state-run Bangladesh Power Development Board (BPDB) on Saturday, as Indian Prime Minister Narendra Modi began a two-day state visit.

“Reliance Power and BPDB today signed a MOU to develop four units of power plants to produce 3,000 MW of electricity with a cost of $3 billion,” the company said in a statement. The plants will burn natural gas.


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