The government is going to construct a 140-kilometre high-voltage electricity transmission line between Barapukuria and Kaliakair to import 1,600 megawatts of power from Indian conglomerate Adani Group.
The planning ministry is going to place a mega project involving Tk 3,322 crore at the meeting of the Executive Committee on National Economic Council (Ecnec) today to set up the transmission line. Of the cost, 52 percent will come from a second Indian line of credit.
Earlier, the power division of Bangladesh and Adani Group signed a memorandum of understanding to allow the Indian firm to invest $2.5 billion to build a 1,600MW coal-fired power plant in the country.
Later, Gujarat-based Adani Power, the largest private sector electricity producer in India, changed its plans. The power will now be generated in Jharkhand of India.
Adani Group is expected to start producing the electricity between 2022 and 2023, said a planning ministry official.
In future, the proposed transmission line would be used to import electricity from Nepal and Bhutan as well, the official said.
The planning minister is also going to place another project involving Tk 845 crore to acquire 1,000 acres of land in Mirsarai in Chittagong for Indian investors.
The Mirsarai economic zone will be developed with funds from a third line of credit of $4.5 billion from India. The disbursement of the fund has not started yet.
Besides, Bangladesh is going to set up two more economic zones for Indian investors in Mongla and Bheramara.