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26 February

Engreen 3MWp Large Scale Solar Power Plant

Bangladesh has recently been able to see its First Ever Solar Power Plant with a capacity of 3 MW. From 3rd August’17 this Large-scale Solar Power Plant started supplying power to the National Grid, which is for the first time in the country’s history, evacuating power to the nearby BPDB-owned Jamalpur Sarishabari 33/11 kV Sub-station. This plant has used eight acres of land located at Shimla bazaar, Sarishabari of Jamalpur, under BOO arrangement with BPDB.

26 February

Austrian OeKB issues $94.85 million ECA guarantee to GPH

Posted by:admin in Export Finance, Finance, Steel News

Oesterreichische Kontrollbank AG (OeKB), a specialised institution owned by commercial banks of Austria has issued ECA (export credit agency) guarantee worth $94.85 million to Chittagong-based GPH Ispat recently.

The guarantee letter was issued so that GPH Ispat can avail a loan of similar amount at soft interest rate from BHF Bank of Germany.The letter was handed over to the GPH authorities at an event held at the Vienna head office of OeKB, GPH officials said today.

29 June

Vestas wins 100-MW wind assessment job in Bangladesh

Danish company Vestas Wind Systems A/S (CPH:VWS) will carry out Wind Resource Assessment (WRA) for a 100-MW project in southwestern Bangladesh under a deal with the country’s Power Division, Dhaka Tribune said Tuesday.

As part of the memorandum of understanding (MoU), signed on Monday, the wind turbine maker’s unit Vestas-Asia-Pacific Wind Technology Pvt Ltd will conduct the study in two phases. The report is to be submitted within a year.


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