Chinese firm to build solar power plant in Bangladesh


TBS Report
29 September, 2023, 12:50 pm
Last modified: 02 October, 2023, 01:28 pm

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


While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.