Reliance Infra bags EPC Contracts worth INR 5000 crore in Bangladesh

 

Reliance Infrastructure Limited has bagged two EPC contracts in Bangladesh together valued at Rs. 5,000 crore.

The first EPC contract includes setting up the entire infrastructure of a 750 MW LNG-based combined cycle power plant at Meghnaghat (Dhaka), while the second project is for building a 500 MMSCFD floating storage regasification unit (FSRU) based integrated LNG terminal project at Kutubdia Island, both in Bangladesh.

Both the contracts are to be executed in a project schedule of 24 months, and are to be completed by 2019.

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Yash Ved
Yash Ved is a Senior Correspondent at NewsBarons and comes with a decade of experience across leading online and offline publications. A keen observer of the stock index movement, Yash also likes covering Real Estate and the BFSI sector. A financial management and Journalism student, Yash believes learning as a continuous journey and enjoys following the IT and the Pharmaceutical industry and has penned many articles on the subjects.
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