SwissPro | Frankfurt, 22.11.2015.
World Bank approves additional financing to raise electricity supply
World Bank (WB) approved an additional USD 177 million financing to increase reliable, low-cost electricity supply in Bangladesh. The additional financing will help the construction of a 335 megawatt (mw) combined cycle power plant at Siddhirganj, near Dhaka. The combined cycle technology allows the plant to produce higher energy with lower gas consumption. This cleaner technology reduces carbon emission while ensuring higher thermal efficiency. The plant will deliver at least 2.49 billion kwh annually, which accounts for 6% of the total electricity delivered to the national grid.