Bangladesh-India Friendship Power Company (Pvt) Limited (BIFPCL) signed the agreement for Main Plant EPC (Turnkey) Package with Bharat Heavy Electricals Limited (BHEL).
Bangladesh-India Friendship Power Company Ltd (BIFPCL)’s Managing Director Ujjal Kanti Bhattacharya and representative of BHEL Prem Paul Jadhav signed the agreement for the construction of a 1,320 megawatt coal fired power plant, the biggest project under bilateral cooperation that would mark the transition from electricity export to generation level.
State minister for Power and Energy Nasrul Hamid and High Commissioner of India in Dhaka Harsh Vardhan Shringla said that it was the biggest friendship project between the two countries.
Kay facts of this MOU
- Bharat Heavy Electricals Ltd (BHEL) was awarded the contract after being identified as “technically qualified and financially competitive” among the six bidders who participated in the international tender for the project floated by BIFPCL in Feb 2015.
- the joint venture enterprise inked the deal with Bharat Heavy ElectricalsBSE 3.62 % Limited (BHEL), which was selected under an open international tender for constructing the super thermal plant at Bangladesh’s southwestern Rampal near the Sundarbans.
- India’s Exim Bank will provide US 1.49 billion dollars for the project.
- The Main Plant EPC contract (Turnkey) package for the 2 x 660 MW Maitree Super Thermal Power Plant at Rampal in Bagherhat was signed in Dhaka.
