19th September 2022
EP Report

Anand Energy - an Indian company in partnership with Total Erin of France and Amber Kinetics from USA, is looking to set up a 100 MW solar plant in Mymensingh in Bangladesh.

 

"Renewables are cheaper and come with more stable prices. This can help regain control over the power sector, cut capacity payments and meet growth expectations," Anand Energy Director Krishn Anand Tripathi, told an Indian news channel recently.

 

Bangladesh can greatly reduce dependence on imported fuel required for power generation by faster adoption of renewable for avoiding the power crisis which are feared to be lingering on global issues like Ukraine war.

 

"Given the current situation, we believe that we can help bring that change. Our model is to build a solar power plant over 400 plus acres of land and sign a PPA with the government for the next 25 years. That's a long-time commitment that we hope to fulfill it," Krishn added.


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