India and Bangladesh sign deal for construction of coal fired power plant
The Bangladesh-India Friendship Power Company Limited (BIFPCL), the joint venture enterprise, signed the deal with Bharat Heavy Electricals Limited, which was chosen under an open international tender for constructing the super thermal plant.
India and Bangladesh on 12 July 2016 signed a landmark deal for the construction of Rampal Power Station, a 1320 megawatt coal fired power plant.
The Rampal Power Station is the biggest project under bilateral cooperation.
Key highlights of the agreement
• The Bangladesh-India Friendship Power Company Limited (BIFPCL), the joint venture enterprise, signed the deal with Bharat Heavy Electricals Limited (BHEL).
• BHEL was chosen 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 1.49 billion US dollars for the project.
• The project is scheduled to start generating power in 2019.
About Rampal Power Station
• The Rampal Power Station is a proposed 1320 megawatt coal-fired power station at Rampal Upazila of Bagerhat District in Khulna, Bangladesh.
• It is a joint partnership between India's state owned National Thermal Power Corporation and Bangladesh Power Development Board.
• The project is also known as Maitree Super Thermal Power Project.
• The proposed project will be constructed on an area of over 1834 acres of land.
• It is situated 14 kilometres north of the world's largest mangrove forest Sundarbans, which is a UNESCO world heritage site.
• The project will be Bangladesh’s largest power plant.
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