Bangladesh inks biggest ever power deal with India

April 20, 2013 22:18

Bangladesh today signed its biggest ever joint venture agreement with India, involving the investment of US$ 1.6 billion for 1,320 MW coal-fired power plant, which is expected to be operational in the next five years.

"This will be the largest investment Bangladesh ever had. This will be cheapest source of energy (after hydropower) to accelerate the country's economic growth," Prime Minister's Energy Affairs Adviser Tawfiq-e-Elahi Chowdhury said at the signing ceremony.

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