Meghna Bank to serve as Transaction Advisor for Tiger New Energy


FE Team | Published: April 30, 2024 19:31:19


Meghna Bank to serve as Transaction Advisor for Tiger New Energy


Meghna Bank PLC has signed a strategic agreement with Tiger New Energy (TNE) to serve as 'Transaction Advisor for Market Extension & Business Partnering of TNE'. Recently, TNE has launched Bangladesh's first battery swapping network and this collaboration of Meghna Bank and TNE will focus on the market expansion of this "Li-Ion Batter Swapping Station". Kimiwa Saddat, Managing Director & CEO (CC) of Meghna Bank, and Mao Jingwen, Chairman of Tiger New Energy Company Limited, has officially inaugurated the programme. A major revenue component of the swapping station is the energy cost saving, with longer battery life of at least three times compared to conventional technology. TNE Swapping Stations will help the country expedite electrifying mobility with affordable and eco-friendly solutions.

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