India's National Thermal Power Corporation(NTPC), on 29 January 2012 signed an agreement with Bangladesh Power Development Board(BPDP) for setting up a joint venture 1320 MW thermal power plant. The joint venture coal-based power plant will comprise of two units of 660 MW each and will be set up at Rampal in Khulna Division of Bangladesh. The project is the first joint venture power plant in Bangladesh. The project will be completed by 2016.
The joint venture thermal power plant is one of the projects, which is part of Bangladesh's efforts to diversify its energy production process.
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