NTPC to finalise power projects in Bangladesh
National Thermal Power Corporation (NTPC) of India is expected to finalise its proposed 2,640 megawatt (MW) power projects in Bangladesh.
It is to be implemented in a joint venture with the Bangladesh Power Development Board (BPDB) at an estimated cost of Rs 13,200 crore, said media reports.
IJ Kapoor, director (commercial) of NTPC, said NTPC on Wednesday held a meeting with BPDB at New Delhi where both parties talked of implementing two 1,320 MW (each) thermal power projects at Khulna and Chittagong in Bangladesh.
Work on Khulna project would be taken up first, Kapoor added, saying, "The discussions today are on project implementation and certain things required to be done to meet the schedule."
"Though we are not doing the feasibility studies for any of the projects, Khulna is one which we are now taking up with the Bangladesh government," the Financial Express quoted Kapoor.
NTPC in August signed a memorandum of understanding (MoU) with BPDB to set up two coal-based power projects in the neighbouring country.
Meanwhile a high-level Bangladesh delegation are in the Indian capital to see the development of the projects that the two countries are likely to implement as per the Joint Communique signed between the two countries when Prime Minister Sheikh Hasina paid an official visit to Delhi early this year.
The delegation included Economic Affairs Adviser to Prime Minister Dr Moshiur Rahman and Foreign Affairs Adviser Dr Gawher Rizvi.
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