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 300^th 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. The new financings were mostly allocated for sectors such as air transport, power, water, roads and human...