Reliance Power completed execution of agreements for Phase 1 of the power project in Bangladesh on November 30, 2017.
The first phase of RPower’s project consists of 750MW combined cycle gas based power plant to be set up at Meghnaghat near Dhaka (Power project) and 500 mmscfd LNG Terminal at Kutudbia Island (LNG Terminal project).
The integrated project entails an investment outlay of over $1 billion (Rs6,500cr). This represents the largest foreign direct investment (FDI) in Bangladesh and the largest investment in Bangladesh’s energy sector.
The company will relocate one module for its 2,250 MW combined cycle power project at Samalkot in Andhra Pradesh for the Phase 1 project in Bangladesh. Read More…