• Wednesday, Mar 03, 2021
  • Last Update : 03:51 am

Deal signed for 3600MW LNG power plant at Payra

  • Published at 10:57 am February 16th, 2019
Electricity is considered as a key factor in changing doing business situation Bigstock

The power plant is the beginning of Seimens’ plan to come in Bangladesh and investing heavily in the health, education mobility, and other sectors 

Bangladesh Power Division and German company Seimens have initialed a joint development agreement for construction of a 3600MW LNG (liquefied natural gas) power plant at Payra.

Chief Executive Officer (CEO) of North West Power Generation Company of Bangladesh Khorshed Alam and CEO and Global President of Siemens Joe Kaeser signed the document on Friday on behalf of their respective sides.

The document was signed following a meeting of Joe Kaeser with Prime Minister Sheikh Hasina at the meeting room of Hotel Sheraton, where the prime minister is staying during her ongoing visit to Germany.

Briefing reporters after the meeting, Foreign Sectary Md Shahidul Haque said the plant is the beginning of Seimens’ plan to come in Bangladesh and investing heavily in the health, education mobility, and other sectors.

Foreign Minister Dr AK Abdul Momen, Principal Secretary Md Nozibur Rahman, Foreign Secretary Md Shahidul Haque, PM’s Press Secretary Ihsanul Karim, Secretary of Power Division Dr Ahmad Kaikaus and Bangladesh Ambassador to Germany Imtiaz Ahmed were present at the event.

Later, CEO of German company Veridos Hans Wolfgang Kunz also called on Prime Minister Sheikh Hasina at Hotel Sheraton.

Wolfgang informed the prime minister about the progress of manufacturing technologically advanced e-passport for Bangladesh saying the company would be able to handover first batch of e-passport to Bangladesh authority by June 2019.

Such e-passport is very advanced on technological point of view and be used only in two countries in the world- Germany and Bangladesh. The passport is almost impossible to forge, the Veridos CEO said.

Wolfgang Kunz expressed interest in data processing and other sectors as well.

The prime minister welcomed Veridos decision to invest in Bangladesh and technology transfer for setting up of a plant for production of e-passport in Bangladesh.

The prime minister hoped that Bangladeshis would be able to operate the e-passport production plant by taking necessary training and produce e-passport for other countries.

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