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IDB approves $ 60m for Bibiyana power plant project

The Board of Executive Directors of the Islamic Development Bank (IDB) has approved an amount of $60 million for Bibiyana Base-Load Combined Cycle Independent Power Plant Project in Bangladesh. The IDB Board at the end of its 300th meeting (which started on 19 October) at its headquarters in Jeddah, Saudi Arabia and under the Chairmanship of IDB President, Dr Ahmad Mohamed Ali, approved $814.2 million for development financing. IDB logoThe new financings were mostly allocated for sectors such as air transport, power, water, roads and human...