DHAKA, Aug 28 (Reuters) – Bangladesh has set up a $400 million joint venture with a Chinese company to build renewable energy projects to provide a total 500 megawatts of power by 2023, a government official said on Wednesday.
The venture (JV) between China National Machinery Import and Export Corporation (CMC) and Bangladesh’s North-West Power Generation Company (NWPGC) is the latest sign of Beijing’s growing role in Bangladesh’s energy sector.
The renewable energy generation projects included 50 megawatts of wind power projects, said Khurshedul Alam, managing director of NWPGC.
