Local co to invest $45m to set up power plant in Comilla EPZ
Tuesday, 11 March 2008
M/s Agrani Complex (Pvt) Ltd, a Bangladeshi company, will set up a 50 mw power plant in Comilla EPZ to solve the power crisis of Comilla EPZ and its surrounding areas, reports UNB.
This power plant will be established investing US$ 45 million. It will provide uninterrupted power supply to the operating enterprises of Comilla EPZ and its adjacent areas during peak and off-peak hours.
The company will install the 50 mw power plant on 43,233 square metres of allotted space within the zone. The plant will start providing the service within 24 months.
Initially this power plant will meet the existing requirement of Comilla EPZ and its future needs.
After fulfilment of the requirement of the investors, they may sell their excess power to PDB/REB or other organisations at their own arrangement.
Thirty-five Bangladeshis and one foreign national will get employment opportunity in this company.
An agreement to this effect was signed between the Bangladesh Export processing Zone Authority and M/s Agrani Stell Complex (Pvt) Ltd in BEPZA Complex in the city Sunday.
BEPZA Manager (Investment Promotion) AZM Azizur Rahman and Managing Director of M/s Agrani Stell Complex (Pvt) Ltd Md Zaynal Abedin signed the lease agreement on behalf of their respective organisations.
This power plant will be established investing US$ 45 million. It will provide uninterrupted power supply to the operating enterprises of Comilla EPZ and its adjacent areas during peak and off-peak hours.
The company will install the 50 mw power plant on 43,233 square metres of allotted space within the zone. The plant will start providing the service within 24 months.
Initially this power plant will meet the existing requirement of Comilla EPZ and its future needs.
After fulfilment of the requirement of the investors, they may sell their excess power to PDB/REB or other organisations at their own arrangement.
Thirty-five Bangladeshis and one foreign national will get employment opportunity in this company.
An agreement to this effect was signed between the Bangladesh Export processing Zone Authority and M/s Agrani Stell Complex (Pvt) Ltd in BEPZA Complex in the city Sunday.
BEPZA Manager (Investment Promotion) AZM Azizur Rahman and Managing Director of M/s Agrani Stell Complex (Pvt) Ltd Md Zaynal Abedin signed the lease agreement on behalf of their respective organisations.