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Reliance, Jera Achieve Financial Closure for Bangladesh CCGT

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
Posted in:
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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Reliance Power, JERA achieve financial closure for project in Bangladesh

Reliance Power, JERA achieve financial closure for project in Bangladesh
ANI |
Updated: Mar 04, 2021 17:21 IST
Mumbai (Maharashtra) [India], March 4 (ANI): Reliance Power and JERA Co Inc, which are developing a new gas-fired power generation project in Bangladesh, have achieved financial closure with a group of lenders that includes Japan Bank for International Cooperation and Asian Development Bank.
All requisite conditions for availing drawdown under the loan agreements have been satisfied, the Anil Ambani-controlled company said in a statement on Thursday.
The project is to build, own and operate a 745 megawatt natural gas combined-cycle power project at Meghnaghat in Narayanganj, about 40 km southeast of Dhaka. ....

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