Bangladesh and India sign agreement for joint coal fired power plant

Bangladesh and India sign agreement for joint coal fired power plant

Question: Recently Bangladesh and India signed an agreement for the construction of a 1,320 megawatt coal fired power plant. The estimated cost of the project is-
(a) $1.68 billion.
(b) $1.78 billion.
(c) $2.68 billion.
(d) $3.00 billion.
Ans: (a)
Related facts:

  • On 12 July 2016 Bangladesh and India has signed an agreement for the construction coal fired power plant.
  • The capacity of the thermal power plant will be 1,320 megawatts.
  • The National Thermal Power Corporation of India and the Bangladesh Power Development Board (BPDB) signed a Joint Venture Agreement to build a 1,320 MW coal-fired thermal power plant.
  • It will be known as Maitree Super Thermal Plant, at Rampal in Bangladesh’s Bagherhat district.
  • Bharat Heavy Electricals Ltd (BHEL) was awarded the contract after being identified as “technically qualified and financially competitive”.
  • India’s Exim Bank will provide $1.49 billion for the project.
  • It is scheduled to start generating power in 2019.

Reference:
http://bdnews24.com/economy/2016/07/13/bangladesh-india-sign-rampal-power-plant-construction-agreement
http://economictimes.indiatimes.com/industry/energy/power/bangladesh-and-india-sign-agreement-for-joint-coal-fired-power-plant/articleshow/53179712.cms