Dhaka, Wednesday, January 16, 2019 06:30 AM   
     
Home Energy BD Energy World Green Energy Opinion Interview Environment Business Others Archive
LATEST >
বাংলা সংস্করণ
   
Joules Power, BEZA sign MoU to set up solar power

Joules Power Limited (JPL) and Bangladesh Economic Zones Authority (BEZA) on Monday signed a Memorandum of Understanding (MoU) at the BEZA headquarters to establish country’s first solar Independent Power Producer (IPP), a 100MW solar farm at BEZA’s Chandpur Economic Zone.

Managing Director of JPL Nuher Latif Khan and Executive Chairman of BEZA Paban Chowdhury signed the MoU on behalf of their respective sides, said a press release.

As per the MoU, JPL will construct a multipurpose jetty and a 37-kilometer long 132kV transmission line. It will be a private sector venture in the power sector with an investment of $180 million.

Under the MoU, BEZA will provide JPL with about 500 acres of land at their Chandpur Economic Zone to establish the 100MW solar farm which is expected to generate and supply power with the most efficient tariff.

During the ceremony, Managing Director of JPL and Director of Dhaka Chamber of Commerce and Industry (DCCI) Nuher Latif Khan said there are immense potentials in the renewable energy sector in Bangladesh.

“Investment in the power sector is very viable for double digit return because of strong power purchase agreements (PPA) and implementation agreements (IA) offered by the government,” he added.

Print PDF

   You may also like

Category: Renewable
RCC to generate fuel, biogas, manure from wastes

Category: Renewable
1.1 MWp solar plant becomes functional at the rooftop of Far East Spinning

Category: Renewable
RU solar panels help meet demand, contribute to national grid

Category: Renewable
EGCB is looking for partner for solar and wind power generation

Category: Renewable
Bangladesh produces lowest hydropower in Asia : IHA

Category: Renewable
Biogas-solar driven milk chiller demonstrated in Rangpur

Category: Renewable
With solar farms and roof panels, Bangladesh inches toward green power goal

Category: Renewable
IDCOL extends Tk 694m term loan facility to Sympa Solar Power

Category: Renewable
13,000 ‘char’ villagers come under solar power network
     
    RECENT STORIES   MOST READ
    FOLLOW US ON FACEBOOK
    Recent Renewable Stories
RCC to generate fuel, biogas, manure from wastes
1.1 MWp solar plant becomes functional at the rooftop of Far East Spinning
RU solar panels help meet demand, contribute to national grid
EGCB is looking for partner for solar and wind power generation
Bangladesh produces lowest hydropower in Asia : IHA
Biogas-solar driven milk chiller demonstrated in Rangpur
With solar farms and roof panels, Bangladesh inches toward green power goal
IDCOL extends Tk 694m term loan facility to Sympa Solar Power
13,000 ‘char’ villagers come under solar power network
Nepal-Bangladesh to sign energy cooperation pact


Explore the energynewsbd.com
Home
Energy World
Opinion
Environment
Others
Energy BD
Green Energy
Interview
Business
Archive
About Us Contact Us Terms & Conditions Privacy Policy Advertisement Policy