Chinese firm to build solar power plant in Bangladesh
Energy
29 September, 2023, 12:50 pm
Last modified: 02 October, 2023, 01:28 pm
Photo: Spectra Solar Park Limited
A Chinese firm has been contracted to build a solar power plant in Bangladesh.
The Bangladesh cabinet approved a total of three solar power plants on Wednesday.
A joint venture of Fujian Yongfu Power Engineering Co Ltd of China, Air Waves Pvt Limited and Moni Traders Limited will set up a 70MW solar power plant in Bandarban from which the BPDB will buy per unit of power at $0.099 – equivalent to Tk10.96 – for a period of 20 years.
With the three approvals, the government awarded contracts to establish solar power plants of more than 1,000MW in the past six months
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