The Anil Ambani-led Reliance Power has won an in-principle approval of the Bangladesh government for the first phase of a 3,000 MW LNG-based power plant.
Â¨Under the approval, first phase of 750 MW power plant will be set up at Meghnaghat (Narayanganj district), around 40 km South-East of Dhaka along with the FSRU terminal at Maheshkhali Island in CoxÂ´s Bazar district of Bangladesh,Â¨ a company release said.
Reliance Power will set up a two million tonne-a-year floating LNG import terminal with a floating storage and re-gasification unit (FSRU) to bring the fuel in ships for firing the power plant.
Â¨Power plant land at Meghnaghat will be provided by Bangladesh Power Development Board (BPDB). FSRU-based LNG terminal will supply re-gasified LNG for the power project and additional RLNG to Petro Bangla,Â¨ the statement released by Reliance Power.
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