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The Financial Express

Confidence Group, PDB ink deal for power plant in Bogra

| Updated: February 28, 2018 11:07:56


Confidence Group, PDB ink deal for power plant in Bogra

Confidence Power Bogra Unit-2 Limited, a sister concern of Confidence Group has recently signed a Power Purchase Agreement (PPA) with Bangladesh Power Development Board (BPDB) for their HFO-powered power plant based in Bogra.

The agreement was signed between Mr. Mina Masud Uzzaman, Secretary of BPDB and Mr. Khalid Islam, Managing Director of Confidence Power Holdings Ltd. (CPHL). This project will contribute a combined capacity of 113 MW to the national power grid, said a statement.

Confidence Power Bogra Unit-2 Limited will establish the said power plants at an estimated cost of USD 90 million with brand new European engines from renowned German company MAN.

Md. Mahbubur Rahman, Director, IPP Cell-3, BPDB;  Mr. Abdus Salam, Additional Director, Contract & Advisory Board, BPDB; Mr. K. M. Ziaul Haque, Deputy Director, Contract & Advisory Board, BPDB; Mr. S. M. Rafiqul Islam, Assistant Engineer, IPP Cell-3, BPDB; Mr. Mohammed Tariqul Islam, Head of Group HR & Corporate Communications, Confidence Group; Saiful Alam, COO, Confidence Power Bogra Limited & Zodiac Power Chittagong Limited and Mr. A. M. Mainuddin Khan, COO, Confidence Oil & Shipping Limited were also present to grace the signing ceremony. 

-rmc//

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