Reliance Power wins in-principle approval for LNG-based Bangladesh power project

Reliance Power's FSRU Bangladesh project wins AIP

Reliance Power has received an approval in principle from Bangladesh for the first phase of its LNG-based power plant project that includes a floating storage and regasification unit (FSRU).

According to the company’s statement issued on Wednesday, the first phase of the 750 MW power plant will be set up at Meghnaghat, around 40 km South-East of Dhaka along with the FSRU terminal at Maheshkhali Island in Cox’s Bazar district of Bangladesh.

The power plant will be built on the land provided by the Bangladesh Power Development Board.

The FSRU, that will fuel the power plant, will additionally supply re-gasified LNG to PetroBangla of Bangladesh, Reliance Power, a part of India’s Reliance Group said.

The project will be developed in phases. The first phase of the project is expected to be completed in 2018-2019, 24 months after the construction starts on what Reliance Power claims is the largest foreign investment in Bangladesh at about US$1.3 billion.

 

LNG World News Staff

Share this article

Follow LNG World News

Events>

<< Nov 2019 >>
MTWTFSS
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 1

LNG Pricing, Trading & Hedging: 3-Day Training Course – Singapore / Jan 2019

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – London / Nov 2019

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >

FLNG World Congress 2019

2019 FLNG World Congress will bring together stakeholders across the floating liquefaction value…

read more >

Budapest LNG Summit 2019

The Budapest LNG Summit is a niche event focused on the up and coming LNG region of Central & Eastern Europe (CEE).

read more >