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India, Bangladesh ink deal for power project, transmission link

Monday, 22 Feb 2010
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The Union Government on 20 February 2010 signed a deal with the Bangladesh Government to jointly set up a 1,320 MW coal based power project in Bangladesh and a cross-border transmission link.

The two countries are likely to establish a Rs 882-crore, 130-km cross-border transmission link. Tenders for this project are likely to be invited shortly and orders are likely to be placed in June 2010. This will enable India to export up to 500 MW a year to Bangladesh.

The proposed power plant is to be set up near Dhaka in a span of three years, in which NTPC will be involved in jointly building the station and managing it.

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