MoU for renewable energy power plant today

The North-West Power Generation Company Limited will sign a memorandum of understanding (MoU) with China National Machinery Import and Export Corporation in the city today (Tuesday) aiming at implementing a renewable energy power plant project, reports BSS.

Talking to the news agency on Monday, Director (Public Relations) of Bangladesh Power Development Board Saiful Hasan Chowdhury said the MoU will be signed tomorrow at Hotel InterContinental aimed at forming a Joint Venture Company (JVC).

"Later, the JVC will implement a renewable energy project to generate renewable energy," he said.

The JV company will also finalise the power generation capacity of the renewable energy power plant, Saiful Hasan said. "However, the joint venture company would also finalise how much megawatts power plant will be set up here," he stated.

Company Secretary of North-West Power Generation Company Ltd. and representative of China National Machinery Import & Export Corporation will sign the MoU on behalf of their respective sides.

Advisor to the Prime Minister for Energy Dr Towfiq-E-Elahi Chowdhury will attend the agreement-signing ceremony as the chief guest. State Minister for Power,

Energy and Mineral Resources Nasrul Hamid will be present as the special guest.

Power Division Secretary Dr Ahmed Kaikaus will preside over the function.