Bangladesh, India sign agreement for joint coal fired power plant

Posted on:13 Jul 2016 09:15:13

Bangladesh, India sign agreement for joint coal fired power plant
13 July 2016 Current Affairs: Bangladesh and India have signed an agreement for the construction of a 1,320 megawatt (MW) coal fired power plant near Sundarbans. The agreement was signed between Bangladesh-India Friendship Power Company (Pvt) Limited (BIFPCL), the joint venture enterprise and Bharat Heavy Electricals Limited (BHEL). 

BHEL was selected under an open international tender for constructing the super thermal plant at Bangladesh’s southwestern Rampal near the Sundarbans.

This coal fired power plant is the biggest project under bilateral cooperation between both countries that would mark the transition from electricity export to generation level. India’s Exim Bank will provide US 1.49 billion dollars for the project and it is scheduled to start generating power in 2019. 

The deal came amid concerns by environmental groups that this power plant could affect the delicate ecosystem of the world’s largest mangrove forest in Sundarbans, a world heritage site spreading over both Bangladesh and India.

 Earlier Bangladesh had earmarked Maitree Super Thermal Power Project (MSTPP) as one of its fast-track projects. It was started under a bilateral agreement between India and Bangladesh signed during Prime Minister Hasina’s India visit in 2010.


Subscribe to Current Affairs

Enter your email to get daily current affairs

Current Affairs July 2017

22 JULY
NEWS
21 JULY
NEWS
20 JULY
NEWS
19 JULY
NEWS

Current Affairs June 2017

30 JUNE
NEWS
29 JUNE
NEWS
28 JUNE
NEWS
27 JUNE
NEWS

Current Affairs May 2017

31 MAY
NEWS
30 MAY
NEWS
29 MAY
NEWS
27 MAY
NEWS