A Norwegian power producing company will set up a solar power plant in Chandpur.
To this end, the Norwegian company, I Scatec Solar and Bangladesh Economic Zones Authority (BEZA) signed a Memorandum of Understanding (MoU), said a BEZA media release.
The 800 megawatts power plant will be set up at a cost of $1.0 billion.
A total of 3,002 acres of land will be required for setting up the power plant, says BSS citing the Norwegian firm’s initially estimation.
Executive member of BEZA Md Harunur Rashid and I Scatec Solar vice-president Morten Langshold signed the MoU on their respective side.
BEZA Executive Chairman Paban Chowdhury and Ambassador of Norway to Bangladesh Sidcel Blekenmn were present on the occasion.