Regional/ News

Joint venture agreement signed for Chittagram project

Updated: 2018-12-27 16:02

PowerChina's subsidiary China Huadian Hong Kong Co Ltd and Bangladesh Power Development Bureau (BPDB) held a signing ceremony for a 1.32 million kW coal-fired power station project in Chittagram.

According to the agreement, Huadian and BPDB will jointly develop the project in accordance with the BOO (Building-Ownership-Management) model, each holding shares of 50 percent.

The project plans to build two 660,000kW ultra-supercritical units with a total installed capacity of 1.32 million kW on the Masheshkhali Penisula in Bangladesh, which the government plans to develop into an energy island.

Joint venture agreement signed for Chittagram project
Signing cerenmony held on the day. [Photo/chdhk.com.cn]