Energy solutions provider GE today said it has bagged a contract from the Shapoorji Pallonji (SP) Group to supply the power generation equipment for the upcoming 220 MW combined cycle power plant in the Bhola district in Bangladesh.
This 220 MW project will be GE's second power plant of the same capacity in Bhola while the first was commissioned in 2015, the company said in a statement issued here.
"Countries in South Asia are accelerating towards achieving energy security which has led to greater investment in the sector. GE's technology advantage and local presence in South Asia gives us an edge in addressing the needs of our customers in the region," GE's CEO of Gas Power Systems in South Asia Deepesh Nanda said.
More From This Section
Commenting on the development, SP Group Business Head - Power Business Mitesh Soni said, "This project will be an important milestone for the SP Group in Bangladesh, contributing towards increasing the country's power generation capacity".
Disclaimer: No Business Standard Journalist was involved in creation of this content