PDB to sign deal with Chinese firm on power plant

The government will sing a deal on Tuesday with China Huadian Hong Kong Limited to set up a 1320MW coal-fired power plant at Maheshlkali Island in Cox’s Bazar district. According to official sources, the state-owned Power Development Board (PDB) will sign the deal with the Chinese firm to jointly set up an ultra-supercritical technology-based power plant at Maheshlkali in the southeastern coast of Bangladesh. Officials said this will be the second deal with Chinese companies following state-owned North West Power Generation Company’s first deal with China National Machinery Import Export Corporation (CMC) last month for setting up a similar capacity coal-fired power plant in Patuakhali. China Huadian Hong Kong Co. Ltd is a subsidiary of China Huadian Corporation, known as Huadian Group, which is one of the five largest state-owned power generation enterprises in China, run by Chinese state council, according to UNB.