BB to channel $250m to power projects under PPP
April 23, 2010 00:00:00
Bangladesh Bank (BB) has arranged a $250 million special fund for financing power projects under the Public-Private Partnership (PPP) initiative, reports BSS.
"The World Bank (WB) has agreed to provide the fund to help improve Bangladesh power sector," BB Governor Dr Atiur Rahman told a meeting with businessmen in the city Thursday.
The governor said the central bank would disburse the special fund through scheduled banks only to power projects to be built on partnership between public entities and private entrepreneurs.