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Construction : Power Update | December 2015 | Source : Infrastructure Today

Bangladesh keen to invest in Meghalaya power projects

Bangladesh has evinced interest for investment in power projects of Meghalaya to boost bilateral ties. Federation of Bangladesh Chambers of Commerce & Industries (FBCCI) Chairman Abdul Matlub Ahmad said the neighbouring country´s offer is in the form of a joint venture with Meghalaya government in developing cascading hydel power projects. The formal proposal will follow within 90 days.

´We have made our offer in response to Meghalaya Chief Minister Mukul Sangma´s appeal when he visited Bangladesh,´ Ahmad said. ´We feel that once this project starts, we can begin our coal-based power projects for which the power could be sold back to us. We are ready to buy back power,´ he added.

Ahmad said the delegation and the CM met officials of the World Bank.

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