Deal signed for new LNG-based power plant

Mitsui & Co. Ltd of Japan and Coal Power Generation Company Bangladesh Limited inked a Memorandum of Understanding (MoU) yesterday to set up a 500MW LNG-based power plant in Cox’s Bazar’s Matarbari.

The combined cycle power plant will use imported LNG as fuel. As a joint venture project, it will be implemented in fifty-fifty share basis and the plant is expected to be operational in December, 2121.

M Mizanur Rahman, company secretary and CEO of Coal Power Generation Company Bangladesh Limited, and UG Udaya, general manager of Project Infrastructure Division of Japan's Mitsui & Co. Ltd (Asia Pacific), signed the MoU on behalf of their respective side.

After the contract signing, the representatives of Coal Power Generation Company Bangladesh Limited and Mitsui & Co. Ltd paid a courtesy call on Nasrul Hamid, state minister for Power, Energy and Mineral Resources at his secretariat office.

Deal signed for new LNG-based power plant

Mitsui Co. Ltd of Japan and Coal Power Generation Company Bangladesh Limited inked a Memorandum of Understanding (MoU) yesterday to set up a 500MW LNG-based power plant in Coxs Bazars Matarbari. The combined cycle power plant will use imported LNG as fuel. As a joint venture project, it will be implemented in fifty-fifty share basis and the plant is expected to be operational in December, 2121. M Mizanur Rahman, company secretary and CEO of Coal Power Generation Company Bangladesh Limited, and UG Udaya, general manager of Project Infrastructure Division of Japans Mitsui Co. Ltd (Asia Pacific), signed the MoU on behalf of their respective side. After the contract signing, the representatives of Coal Power Generation Company Bangladesh Limited and Mitsui Co. Ltd paid a courtesy call on Nasrul Hamid, state minister for Power, Energy and Mineral Resources at his secretariat office.