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Sino-Bangla JV to construct $1.56b power plant in Patuakhali

Bangladesh-China Power Company Limited (BCPCL) will invest $1.56 billion in a coal-fired plant near a proposed sea port south of Dhaka to produce 1,320 megawatts (MW) of electricity by 2019, the head of the joint venture (JV) said on Wednesday. Two units with a capacity of 660 MW each will be set up at Dhankhali in Patuakhali district, 319 kilometers (199 miles) south of Dhaka and close to the proposed Payra sea port, said A.M. Khurshidul Alam, BCPCL’s managing director. bangladesh-and-china-flag

Contract for Payra 1320-MW coal-fired plant tomorrow

The government will sign an engineering, procurement and construction (EPC) contract tomorrow for installing the 1320-MW Payra coal-fired power plant in Patuakhali. “The Payra coal-fired power plant would generate 1320 MW electricity from 2019,” Director General of Power Cell Mohammad Hossain told BSS here today. He said the Bangladesh-China Power Company (Pvt) Limited (BCPCL), a joint venture firm of PowerChinese Power Company (CMC), and the state-owned North-West Power Generation Company Limited (NWPGCL) would sign the EPC co...

CEMEX operation divestment in BD, Thai

CEMEX, S.A.B. de C.V. (“CEMEX”) (NYSE: CX) announced today that it has signed an agreement for the sale of its operations in Bangladesh and Thailand to SIAM CITY CEMENT PUBLIC COMPANY LIMITED for approximately U.S.$53 million. The proceeds obtained from this transaction will be used mainly for debt reduction and for general corporate purposes. The closing of this agreement is subject to the satisfaction of standard conditions for this type BD-Thaiof transactions. We currently expect to finalize this divestiture during the...

Modi, Hasina to launch power supply, Internet gateway

Palatana power plant to supply 100 MW to Bangladesh from Mar23 Tripura to supply power to Bangladesh from Bijoy Dibosh Tripura to supply 100 MW of power to Bangladesh Delhi, Dhaka to ink deal for 100 MW power to Bangladesh VHP leader warns Modi, Tripura CM to stop infiltration of Bangladeshis or lose chairs [caption id="attachment_17717" align="alignleft" width="650"]hasina-modi (File Photo) Hasina-Modi (File Photo)[/caption] Prime Minister Narendra Modi and Bangladeshi Prime Minister Sheikh Hasina wil...

Marubeni to construct 400MW power plant for BPDB

Marubeni Corporation ('Marubeni') is to construct the 400MW Bibiyana-III Gas Based Combined Cycle Power Plant, for which the Japan Bank for International Cooperation signed a loan agreement in buyer's credit (export loan) on February 29, 2016, with the Bangladesh Power Development Board ('BPDB'), a national power development company in Bangladesh. The Bank of Tokyo-Mitsubishi UFJ, Ltd. ('BTMU') is a co-financer and the total loan amount is approximately JPY 30.8 billion. Nippon Export and Investment Insurance will provide insurance for the portion co-financed by BTMU. The construction contract was originally received by Marubeni and Korea's Hyundai Engineering & Construction in December 2012 but later changed to a contract between

Four new power plants to go for production

Four more power plants are set to go in production on Thursday. The plants have a cumulative capacity of generating 535-megawatt electricity. PM’s Power and Energy Adviser Tawfiq-e-Elahi Chowdhury said Prime Minister Sheikh Hasina will formally launch the power production from her official residence Ganabhaban on PowerThursday. The PM will also inaugurate electricity connection to 6,000 households in Gopalganj. The new plants are gas-fired 225MW Combined Power Cycle in Ashuganj, 150MW Dual Fuel Plant in Gazipur’s Kodda, 108M...
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