NTPC's Bangladesh project puts Exim Bank's global credibility at risk: IEEFA

Power produced from project to cost 32% more than average electricity in Bangladesh, despite heavy subsidies

10 buyers agree to let go Tilaiya power project

A US-based think tank today said the Bangladesh-India Maitree project could effectively end up in a financial mess. The coal-based power plant proposed to be built near the city of Khulna, close to the Sundarbans mangrove forest, is a joint venture between India and Bangladesh’s state-owned entities. The Institute for Energy Economics and Financial Analysis (IEEFA) said electricity produced from the project would cost 32 per cent more than the average electricity in Bangladesh, assuming an average plant load factor (PLF) of 80 per cent. This despite the project being heavily ...