News / AIIB to finance 220 MW power plant in Bangladesh

AIIB to finance 220 MW power plant in Bangladesh

🕔 March 12, 2018

Related Companies

  • Asia Infrastructure Investment Bank (AIIB)
  • Islamic Development Bank
  • Infrastructure Development Company Limited (IDCOL)
  • ShapoorjiPallonji Infrastructure Capital

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The Asian Infrastructure Investment Bank’s (AIIB) has announced that its Board of Directors has approved a loan of up to US$60 million for the Bangladesh Bhola independent power project, which involves the development of a greenfield 220 MW combined cycle power plant in Bhola island in the Barisal district of Bangladesh.

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