19th October 2017
EP Report

Dhaka Bank Limited signed a term sheet with Chandpur Power Generations Limited – a concern of Doreen Group – for arrangement of syndicated term loan of US$ 65.00 million at the corporate office of Dhaka Bank in the city recently.

Dhaka Bank Limited is the mandated lead arranger and agent for this transaction, said a press release.

Chandpur Power Generations Limited is a proposed 115 MW (net) HFO based power plant to be implemented at Chandpur on build, own and operate basis with an approximate project cost of US$ 85.00 million equivalent to Tk 6,800.00 million.

Tahzeeb Alam Siddique, Managing Director of Chandpur Power Generations Limited and Syed Mahbubur Rahman, Managing Director of Dhaka Bank Limited signed the agreement on behalf of their respective organizations.

Emranul Huq, Additional Managing Director of Dhaka Bank Limited, Mostafa Moin, Director (Development) of Chandpur Power Generations Limited and other senior officials from both the organizations were also present on the occasion.


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