Friday, 22 July 2016

Malaysia wins RM10bil power plant job in Bangladesh

Malaysia has been awarded a contract by the Bangladeshi Government to build a 1,320MW coal-fired power plant in Bangladesh at an estimated cost of US$2.5bil (RM10bil).

“It’s final. The Bangladeshi Cabinet made the decision to award the project to the Malaysian Government. Now, a Malaysian consortium will implement the project but the consortium will do a feasibility study first,” special envoy for infrastructure to India and South Asia Datuk Seri S. Samy Vellu said in a statement yesterday.

Malaysia and Bangladesh signed a Government-to-Government memorandum of understanding (MoU) to implement the project in 2014. The MoU is the first step towards the Malaysian consortium financing and building the power plant in Maheshkhali, Cox’s Bazar, Bangladesh, with the Bangladesh Power Development Board (BPDB) as a partner.

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