This is an archive article published on June 6, 2015
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Modi’s Bangladesh Visit: Adani, Reliance Power to ink power pacts

Representatives from the Adani Group as well as Reliance Anil Dhirubhai Ambani Group’s Reliance Power are also part of the visit to sign the key projects.

2 min readNew DelhiJun 6, 2015 02:02 AM IST First published on: Jun 6, 2015 at 02:02 AM IST
narendra modi, bangladesh, modi bangladesh visit, modi in bangladesh, narendra modi bangaldesh visit, reliance power, adani, ambani, sheikha hasina, business news Narendra Modi is set to meet Sheikh Hasina in Dhaka.

Prime Minister Narendra Modi’s agenda for the two-day visit to Bangladesh will include, apart from the Land Boundary Agreement, inking of two mega power project deals in Dhaka on Saturday.

Representatives from the Adani Group as well as Reliance Anil Dhirubhai Ambani Group’s Reliance Power are also part of the visit to sign the key projects. While Adani Group will seal the deal for two power projects — one in Bangladesh and one in India — for 1,500 MW capacity, Reliance Power will ink an agreement for a 3,000-MW project in Bangladesh.

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The plans for the power projects are in line with Modi’s vision of building an EU-modelled economic zone connecting Bangladesh, Nepal and Bhutan with India. The two projects are expected to help Bangladesh achieve its 20,000-MW target by 2020. The projects will also help ease a 7,000-MW power deficiency in the country.

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