Deals signed for 2 power plants

The government yesterday signed two contracts with Chinese company Dongfang Electric International Corporation to set up two more peaking power plants in Shantahar and Katakhali of the northern region.
Each of the plants run by furnace oil will have 50 megawatts generation capacity.
The two projects are part of the government's move to install a number of peaking power plants across the country to resolve the nagging power crisis.
As per the contracts, the contractor will complete the installation job within next 15 months from the date of contracts. Each of the plants will cost Tk 69 crore.
Earlier, the government signed a number of contracts with some other contractors to set up eight peaking power plants.
As per the two contracts, the Chinese contractor will supply and install the Shantahar and Katakhali plants on turnkey basis.
The state-owned Power Development Board (PDB) has undertaken the two projects to meet the demands in power hungry areas.
PDB Secretary Md Azizul Islam and Dongfang President Luo Zhi Gang signed the contracts on behalf of their respective sides.