Monday, August 30, 2010

NTPC inks Rs 13,200 cr deal with Bangladesh

State-run generation utility NTPC on Monday signed an MoU with Bangladesh Power Development Board to establish two thermal power projects in the neighbouring country at an estimated investment of Rs 13,200 crore, even as it has offered upto 49% stake in its gas-fired project in Kerala to Qatar Petroleum in return for assured fuel supply.

The power plants in Bangladesh will have an aggregate capacity of 2,640 mw and will be set up at port cities of Chittagong and Khulna. The coal-fired plants are likely to be built as equal joint venture but operated by NTPC. The plants will use imported coal as fuel. NTPC will also train BPDB engineers and help improve efficiency of existing power stations.

more at:
http://timesofindia.indiatimes.com/india/NTPC-inks-Rs-13200-cr-deal-with-Bangladesh/articleshow/6462992.cms

ps: This has nothing to with BHEl, but, I hope BHEL wiull get to supply equipment !

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