Saudi firm to set up 1000 MW solar power plant in Bangladesh
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Dhaka, Nov. 29 -- Saudi Arabia's ACWA Power has signed a non-binding Memorandum of Understanding (MoU) with the state-owned Bangladesh Power Development Board (BPDB) to set up a 1000 MW solar power plant in Bangladesh.
Welcoming the initiative, State Minister for Power, Energy and Mineral Resources Nasrul Hamid said that the investment and technology of the ACWA will help Bangladesh achieve its clean energy goal of 2041.
He said Bangladesh has been supporting renewable energy in different ways.
"The government has been working in a coordinated manner to promote renewable energy. State-owned Sustainable and Renewable Energy Development Authority (Sreda) is providing necessary technological support and consultations," he said at the cont...
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