China company to build 150MW plant in Syedpur
China-based Dongfang Electric Corporation (DEC) is going to construct a 150-megawatt power plant at Syedpur at a cost of Tk 1,000.99 crore.
Mina Masud Uzzaman, secretary to Power Development Board (PDB), and Luo Zhigang, president of DEC, one of the world's largest power generating equipment manufacturers and international project contractors, signed an agreement in this regard at the Power Division yesterday.
The corporation will act as a contractor to build the plant by June 2019.
The construction work has to be completed on time, Nasrul Hamid, state minister for power, said at the signing ceremony.
He said the location of the power plant was decided as part of measures to bring a regional balance in power generation.
Tawfiq-e-Elahi Chowdhury, energy affairs adviser to the prime minister; Ahmad Kaikaus, secretary to Power Division, and Khaled Mahmood, chairman of PDB, also spoke.
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