5th June 2017
EP Report

Multilateral donor agencies have committed to providing financial assistance worth US$800 million loan to set up a single power plant based on imported LNG.

This will be the country's first power plant which will run on re-gasified imported LNG, said officials.

Of the total lending, ADB will provide $600 million and Islamic Development Bank (IDB) $200 million to implement the 800 megawatt (MW) combined cycle power plant at Rupsha in the country's southern Khulna region, they said.

The power plant will have two gas-fired units, each having 400 MW capacity to run on imported liquefied natural gas (LNG).

The government would provide the remaining amount of $150 million for its implementation.