Lanco International has a 25% equity participation in the project which has also been funded by various international donors such as ADB, FMO, OFID and DEG.
Petrobangla will provide 32 million cubic feet per day gas for the proposed combined cycle power plant for next 13-14 years.
BPDB will buy power generated at the plant, which is estimated to cost $182.6m.
The project is expected to come online within 26 months, following the project’s inception, reports Energy Bangla.
