On June 6, 2015 Reliance Power and Bangladesh Power Development Board (BPDB) signed an MoU to develop 3,000 MW of Liquefied Natural Gas (LNG) based combined cycle power project in Bangladesh in phases, along with a Floating Storage and Re-gasification Unit (FSRU) based LNG terminal to supply re-gasified LNG to the power project. The MoU was signed during the visit of Prime Minister of India Narendra Modi to Dhaka.