to-the-point: Saudi’s Alfanar, EGCB team up on 100-MW solar project in Bangladesh
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Saudi Arabia’s Alfanar Group has signed a pact with the Electricity Generation Company of Bangladesh (EGCB) Ltd for the construction of a 100-MW solar complex in the Asian country.
The Riyadh-based company and EGCB will set up the capacity as a joint venture project, according to a memorandum of understanding (MOU) signed last week, EGCB announced. The project will involve the installation of two 50-MW facilities at Sonagazi, in the country’s Feni district, which will be the site of the largest economic industrial zone in Bangladesh.
Plans for the scheme were first announced last October.
Source: renewablesnow
