Summit Meghnaghat II Power Company Limited (SMIIPCL), a subsidiary of Summit Group, signed a 22-year power purchase agreement with BPDB and other agreements for a 583 MW combined cycle power plant in Meghnaghat, Bangladesh. GE was awarded an EPC contract worth approximately USD 390 million.
A consortium of Larsen & Toubro and Samsung C&T Corporation has been awarded a $250 million contract by Bangladesh Power Development Board for the Bibiyana South 400 MW Combined Cycle Power Plant in Hobiganj, Bangladesh. L&T will execute the EPC contract.
Jiangsu Zhongtian Technology (ZTT) has signed a contract with the Bangladesh Power Development Board (BPDB) for a submarine cable, overhead line and substation EPC project in Bangladesh, valued at US$18.2 million.