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Tata Projects bags $120mn order for Power Transmission Project in Bangladesh

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Tata Projects bags $120mn order for power transmissionTata Projects Limited secured an order on a turnkey basis from the Power Grid Company of Bangladesh Limited (PGCB) for a 400kV (kilovolt) double circuit transmission line project worth Rs $120 million (around Rs 900 crores).

About Project:

It is a 120-km project from Barapukuria to Bogura in Bangladesh to be executed in 30 months. The funding for the same will be provided by EXIM (Export Import) Bank India under Indian Line of Credit (LoC).

  • This upcoming transmission line will expand high-voltage transmission infrastructure in the northern parts of Bangladesh.
  • It will also facilitate 1,600MW (MegaWatt) power transmission from a power plant based in Jharkhand to Bangladesh.

This project is on the lines of South Asia power pool comprising Bangladesh, Bhutan, India and Nepal (BBIN) to form the primary component of South Asia-Southeast Asia interconnection corridor that has been shortlisted for the global-grid plan-One Sun One World One Grid (OSOWOG).

Key Points:

i.The LoC under this project caters to the Central government’s South Asia-focused, neighbourhood-first policy, and also strengthens the India-Bangladesh ties.

ii.India already has power grid links with Bhutan, Nepal and Bangladesh, and is building power projects in the three countries.

  • It also plans to develop power transmission links with Myanmar and Sri Lanka.

Recent Related News:

The Indian Multinational Company, Tata Steel Limited becomes India’s first steel company to commission a 5 tonnes per day (TPD) Carbon Capture and Utilisation (CCU) plant at its Jamshedpur (Jharkhand) Works with the technological support from Carbon Clean.

About TATA Projects:

Managing Director– Vinayak deshpande
Headquarter– Mumbai, Maharashtra