Reliance Power Current Affairs, GK & News

ADB signs USD 200 million deal with Reliance for power plant in Bangladesh

The Asian Development Bank (ADB) has signed a $200 million financing deal with the Reliance Bangladesh LNG and Power Limited to build and operate a 718-megawatt combined-cycle-gas-fired power plant in Bangladesh. Highlights As per the Asian Development Bank, the project is going to ease ongoing energy shortages and drive further private sector investments in the ..

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ADB approves fund for Reliance Bangladesh Liquefied Natural Gas (LNG)

The Asian Development Bank (ADB) has approved debt financing and partial risk guarantee of $583 million to develop Reliance Power’s 750MW LNG based combined cycle power plant and LNG terminal project in Bangladesh. ADB’s financing package includes loans and partial risk guarantees for the power generation facility, as well as for the LNG terminal. The ..

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Bangladesh Government gives nod to Reliance Power’s LNG-based plant

Bangladesh Government has given its in-principle approval to Anil Ambani-led Reliance Power’s first phase of the 3,000 MW LNG-based power plant at Meghnaghat in Narayanganj district. This approval has paved the way for the largest Foreign Direct Investment (FDI) in Bangladesh with a potential investment of over 8,700 crore rupees (1.3 billion dollars). Key facts ..

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