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Reliance Power signs MoU with Bangladesh Power Development Board

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Capital Market

To develop 3000 MW of power capacity

Reliance Power and Bangladesh Power Development Board signed a MoU to develop 3,000 MW of Liquefied Natural Gas (LNG) based combined cycle power project in Bangladesh in phases, along with a floating storage and re-gasification unit based LNG terminal to supply re-gasified LNG to the power project. The project is the largest foreign investment in Bangladesh with a potential investment of about USD 3 billion in phases.

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First Published: Jun 06 2015 | 2:00 PM IST

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