India’s Fourth Partner Energy will execute rooftop solar projects at the sites of Decathlon’s suppliers in Bangladesh. It targets 15 MW across 12-15 facilities by December 2023 in Phase 1.
The China-led Asian Infrastructure Investment Bank (AIIB) has extended a $200 million long-term credit facility to Bangladesh to finance a range of infrastructure projects, including renewable energy expansion.
American power company Eleris Energy has agreed to construct five 200MW solar plants on the Swarna Dweep island administered by the army and used for training exercises, with the capacity due online within five years.
The Chinese inverter maker has signed a contract with India-based Rays Power Infra to supply 1,500V, 3.125 MW central inverters to the 280 MW solar project, set to be installed in the Rangpur district of Bangladesh.
The 400 kV double-circuit transmission line will run from Barapukuria to Bogura, expanding high-voltage transmission infrastructure in Northern Bangladesh. It will also facilitate 1,600 MW power transmission from a power plant based in Jharkhand to Bangladesh.
The majority of the finance for the $177 million, Jamuna river project will be provided in the form of soft loans from the Indian government and officials are reportedly already planning a second 100 MW facility with a Chinese firm on nearby land.
The Haryana-based renewables company, which is part of a bike and motorbike manufacturing conglomerate, will be paid $0.1025/kWh by the Bangladeshi government for the electricity that will be generated by a 50 MW plant in Khulna district, with the power purchase deal running for 20 years.
The figures paint a better picture for India than other Asian nations, where fossil fuel-based generation accounted for a much bigger share in meeting the rise in electricity demand.
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