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Reliance, Jera Achieve Financial Closure for Bangladesh CCGT
Mar 5, 2021 3:09:am
Summary
The project is to build, own and operate a 750-MW combined-cycle gas turbine (CCGT) power plant at Meghnaghat near Dhaka.
by: Shardul Sharma
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Reliance, Jera Achieve Financial Closure for Bangladesh CCGT
India’s Reliance Power and Japan’s Jera have achieved financial closure for their proposed gas-fired power generation project in Bangladesh, the Indian company said on March 4.  
The Reliance-Jera joint venture has achieved financial closure for the project with a group of lenders that includes Japan Bank for International Cooperation and Asian Development Bank and all requisite conditions for availing drawdown under the loan agreements have been satisfied, the company said.  ....

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