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NTPC: Updates on JV with Bangladesh Power Development Board

We wish to inform that Bangladesh India Friendship Power Company, a 50:50 Joint Venture Company between NTPC and Bangladesh Power Development Board (BPDB) has achieved Financial Closure on April 10, 2017 to set up1320 MW (2 x 660 MW) Coal based Maitree Super Thermal Power Project at Rampal in Bagerhat District of Khulna division, Bangladesh.

April 11, 2017 / 15:01 IST
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We wish to inform that Bangladesh India Friendship Power Company (Pvt.) Limited (BIFPCL), a 50:50 Joint Venture Company between NTPC Limited and Bangladesh Power Development Board (BPDB) has achieved Financial Closure on April 10, 2017 to set up1320 MW (2 x 660 MW) Coal based Maitree Super Thermal Power Project at Rampal in Bagerhat District of Khulna division, Bangladesh. An agreement was signed with Indian Exim Bank to provide loan up to USD 1.6 Billion for financing this project.Source : BSE

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first published: Apr 11, 2017 03:01 pm

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