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    Bangladesh India Friendship Power Company Ltd likely to award construction of 1,320 mega watt plant by April 2015

    Synopsis

    This was decided at the ninth board meeting of the Bangladesh India Friendship Power Company Ltd – a 50:50 joint venture .

    ET Bureau
    KOLKATA: The $1.2-billion India-Bangladesh power joint venture is expected to award the contract for construction of a 1,320 MW plant by April 2015 and start commercial generation by December 2018.

    This was decided at the ninth board meeting of the Bangladesh India Friendship Power Company Ltd – a 50:50 joint venture between Bangladesh Power Development Board and India’s largest power producer, NTPC – held recently in Kolkata, officials said.

    The board members ironed out a few pending issues at the first such meeting held in Kolkata, paving the way for inviting the tenders for setting up the plant, the officials added on condition of anonymity.

    "The company has recently appointed Fichtner Consulting Engineers and is in the process of finalising a consultant that will help in sourcing coal for the project," said NTPC chairman and managing director Arup Roy Choudhury.


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