In this regard, Bangladesh has proposed that a coal block could be allocated to the joint venture entity while power generated from the plant could be supplied to Bangladesh.
The proposed plant would be on the lines of 1,320 MW thermal project in Rampal -- being jointly developed by NTPC and Bangladesh Power Development Board (BPDB) -- in the neighbouring nation.
"We have proposed that if we are given a coal block (by the Indian government) in India, then we could develop a power plant through a joint venture, in the same way as we are doing in Rampal," Tawfiq Elahi Chowdhury, who is Energy and Power Advisor to Bangladesh Prime Minister Sheikh Hasina, told PTI here.
According to Chowdhury, India is very positive about the proposal.
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Bangladesh, which is looking to increase its electricity supplies to meet rising demand, has an installed capacity of around 13,000 MW.
When asked about the progress of the 1,320 MW Rampal plant, Chowdhury said the first 660 MW unit is expected to be ready in four years time.
Project activities at the site have already started.
The project is being implemented by Bangladesh-India Friendship Power Company Pvt Ltd, an equal joint venture between NTPC and BPDB.