Confidence Group signs deal with Power Development Board

Confidence Power Bogra Unit-2 Limited, a sister concern of Confidence Group has recently signed the Power Purchase Agreement (PPA) with Bangladesh Power Development Board (BPDB) for their HFO powered power plant based in Bogra, according to a statement.
The agreement was signed between Mina Masud Uzzaman, Secretary of BPDB and Khalid Islam, Managing Director of Confidence Power Holdings Ltd. (CPHL). This project will contribute a combined capacity of 113 MW to the National Power Grid.
Md. Mahbubur Rahman, Director, IPP Cell-3, BPDB; Abdus Salam, Additional Director, Contract & Advisory Board, BPDB; K. M. Ziaul Haque, Deputy Director, Contract & Advisory Board, BPDB; S. M. Rafiqul Islam, Assistant Engineer, IPP Cell-3, BPDB; Mohammed Tariqul Islam, Head of Group HR & Corporate Communications, Confidence Group; Saiful Alam, COO, Confidence Power Bogra Limited & Zodiac Power Chittagong Limited and A. M. Mainuddin Khan, COO, Confidence Oil & Shipping Limited were also present to grace the signing ceremony.
Confidence Power Bogra Unit-2 Limited will establish the said power plants at an estimated cost of USD 90 million with brand new European Engines from renowned German company MAN.