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Read more about Reliance Power JV achieves financial closure for Bangladesh power generation project on Business Standard. The Project is to build, own, and operate a 745 MW (net output: 718 MW) natural gas combined-cycle power project in Meghnaghat, Narayanganj, located approximately 40 km southeastof Dhaka (the Project / Phase 1).
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The project is to build, own, and operate a 745 MW (net output: 718 MW) natural gas combined-cycle power project in Meghnaghat, Narayanganj, located approximately 40 km southeast of Dhaka.Reliance Power and Japan s JERA Co. Inc., through their joint venture project company, are developing a new gas-fired power generation project in Bangladesh. The project company has achieved financial closure for the project with a group of lenders that includes Japan Bank for International Cooperation & Asian Development Bank and all requisite conditions for availing drawdown under the loan agreements have been satisfied.
The project is to build, own, and operate a 745 MW (net output: 718 MW) natural gas combined-cycle power project in Meghnaghat, Narayanganj, located approximately 40 km southeast of Dhaka (the Project / Phase 1).