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JERA takes stake in Bangladesh CCGT

July 15, 2020

JERA takes stake in Bangladesh CCGT

 $644 million will be granted in form of loans from public and private Japanese lenders to a 718-megawatt plant power plant in Bangladesh fueled with LNG owned partly by JERA. The power plant will be located 40 km from the capital Dhaka and is to begin commercial operations in 2022 .The electricity will be sold to a state-owned provider.