Bangladesh has evinced interest for investment in power projects of Meghalaya to boost bilateral ties. Federation of Bangladesh Chambers of Commerce & Industries (FBCCI) Chairman Abdul Matlub Ahmad said the neighbouring countryÂ´s offer is in the form of a joint venture with Meghalaya government in developing cascading hydel power projects. The formal proposal will follow within 90 days.
Â´We have made our offer in response to Meghalaya Chief Minister Mukul SangmaÂ´s appeal when he visited Bangladesh,Â´ Ahmad said. Â´We feel that once this project starts, we can begin our coal-based power projects for which the power could be sold back to us. We are ready to buy back power,Â´ he added.
Ahmad said the delegation and the CM met officials of the World Bank.