The New Nation - Internet Edition

Shamim Jahangir

The government will hold three separate road shows in London, New York and Singapore from December 15 to attract foreign direct investment (FDI) for 10 large power plants and two LNG stations.

Prime Minister Sheikh Hasina is likely to attend the opening ceremony of the road show in London on December 15. The two-day London road show will begin on December 15.

The two-day road show in New York will start on December 18 while the two-day road show in Singapore will begin on December 21.

The government will hold the road shows to attract foreign direct investments in the projects like : Coal based power plants each having capacity of 500MW in Chittagong, Khulna , Mawna/ Jazira and Meghnaghat.

FDI will be encouraged also for establishments of 450MW Bibiana Power Plant Unit-2, 450 MW Meghnaghat Duel fuel based Power Plant, 225MW Bhola Power plant Unit 2nd , 450MW Sirajgonj unit-1 Power Plant, Kaliakoir and Savar Power Plant (each having capacity of 100 MW) and two LNG terminals, Power Division Secretary Md Abul Kalam Azad told the New Nation .

The Power Division will also attract investments for installation of 400MW wind and solar based renewable power plants, he said.

"Power Division has already invited Prime Minister Sheikh Hasina to attend the road shows and submitted a paper to the PM in this regard," he said, adding, "At least 50 to 80 delegates in world renowned power producing companies will be invited to participate in each of the road shows."

The government has already directed ambassadors in the USA, England and Singapore to prepare lists of the invitees , PDB sources said.

As per PDB estimates more than $5 billion will be required to install the power plants.

Prime Minister's Adviser for Power and Energy Dr Tawfiq-e-Elahi, state minister for power and energy Brig Gen (retd) Enamul Huq, Power Secretary and the Chairmen of the Board of Investment, Power Development Board and Bangladesh Petroleum Corporation will attend the road shows. The Petrobangla Chairman is also likely to attend some of the events.