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NTPC Bangladesh power JV to be operational by FY18

NTPC Bangladesh power JV to be operational by FY18

The $1.2-billion Indo-Bangla power joint venture is planning to award the contract for construction of the plant by April 2015 and expected to start commercial generation by FY18.

The plant is likely to consume around 8 million tonne of coal every year and the entire generation will be based on coal imported into Bangladesh.

Bangladesh India Friendship Power Company Ltd is a 50:50 joint venture between Bangladesh Power Development Board and NTPC. The first project of this venture is the 1,320 MW Maitree Project at Rampal in Bagerhat district under Khulna Division in Bangladesh.

The land has been provided by Bangaldesh government and NTPC will set up two 660 MW units at the location. NTPCs expertise will also be used in running the plant.

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