18 August 2018 | Daily Independent
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As part of providing electricity across the country, a private power generation company, Iso Tech Electrification Company Limited, will set up a 350-megawatt (MW) coal-based power plant in Barguna district.
The company will implement the power project jointly with China Resource Limited, a Chinese power company, in Nishanbaria area under Taltoli upazila in Borguna district.
“Like other private electricity generation companies, we're working to set up the power plant by 2022 at a cost of USD 540 million,” said Iso Tech Group managing director Md Moinul Alam.
“We'll start generating 307 MW of power against the capacity of 350 MW. The produced electricity will be connected with the national grid,” he added. For setting up the power plant, the Iso Tech has signed an agreement with the Bangladesh Power Development Board.
“We've allocated a total of 300 acres of land for setting up the project,” said the boss of the Iso Tech.