Sembcorp Utilities lands long-term power purchase deal with Bangladesh Power Development Board
Add BT as a preferred source
Nisha Ramchandani
Published Mon, Aug 8, 2016 · 01:35 PM
DeeperDive is a beta AI feature. Refer to full articles for the facts.
SEMBCORP Industries' (Sembcorp) wholly owned subsidiary, Sembcorp Utilities, has secured a long-term power purchase agreement with the Bangladesh Power Development Board.
The agreement for the supply of 414 megawatts of power over a period of 22.5 years.
The power will be supplied out of Sembcorp's upcoming power plant in the Sirajganj district of Bangladesh.
The US$400 million combined cycle gas-fired power plant is slated for completed in 2018.
Sembcorp Utilities will own a 71 per cent stake in the project while North-West Power Generation Company, a subsidiary of the Bangladesh Power Development Board, will own the remainder.
Copyright SPH Media. All rights reserved.
