The New Nation - Internet Edition

Staff Report

A Bangladeshi company, M/s Agrani Complex (Pvt) Ltd is going to set up a 50MW Power Plant in Comilla Export Processing Zone (CEPZ) in order to solve the power crisis in the EPZ area and its surroundings.

This power plant will be established investing $ 45million, which will provide uninterrupted power supply to the operating enterprises of CEPZ and its adjacent areas during peak and off-peak hours.

The company will install the 50MW plant on 43,233sq. meter of allotted land within the EPZ. This plant will start providing the service within 24 month, said an official from the Agrani Complex.

Initially this power plant will meet the existing requirement of CEPZ and its future needs.

After fulfilment of EPZ requirement, they may sell their excess power to PDB/REB or other organizations at their own arrangement.

Thirty five Bangladeshis and one foreign national will get employment opportunity in this company, official informed.

An agreement to this effect was signed between the Bangladesh Export Processing Zone Authority (BEPZA) and M/s Agrani Stell Complex (Pvt) Ltd in BEPZA Complex here on last Sunday.

BEPZA Manager (Investment Promotion) AZM Azizur Rahman and Managing Director of M/s Agrani Stell Complex (Pvt) Ltd Md Zaynal Abedin signed the lease agreement on behalf of their respective organisations.