A state-of-the-art substation and a 9km long underground transmission line are going to be set up at the port city at a cost of Tk2.93bn.
Two separate agreements were signed between Power Grid Company of Bangladesh (PGCB) and China-based Jiang Su Etern Co Ltd in this regard at a city hotel on Wednesday.
As per the agreement, Jiang Su Etern will establish a 230/132KV substation at Shikalbaha in Chittagong within the next 24 months. A total Tk1.9961bn will be spent for the substation.
A 6km double circuit underground transmission line will be set up from Agrabad to Rampur of Chittagong. The existing 3km long transmission line from Khulshi to Halishahar will be taken underground and will be connected with the Rampur substation. A total of Tk935.2m will be spent for the purpose.