1 / 13

India’s Largest FDI in Bangladesh Anil Ambani’s Reliance Power inks the largest FDI deal for India in Bangladesh

Reliance Power has entered into an agreement with Japanese utility JERA to set up a 750-megawatt (MW) power plant in Bangladesh

ReliaceGroup
Télécharger la présentation

India’s Largest FDI in Bangladesh Anil Ambani’s Reliance Power inks the largest FDI deal for India in Bangladesh

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. India’s Largest FDI in Bangladesh Anil Ambani’s Reliance Power inks the largest FDI deal for India in Bangladesh

  2. Reliance Power has entered into an agreement with Japanese utility JERA to set up a 750-megawatt (MW) power plant in Bangladesh.

  3. Reliance Power will hold 51 per cent stake while JERA will have 49 per cent in the JV.

  4. In 2015, Reliance Power had signed a MoU with Bangladesh to set up a total of 3,000 MW of power generation capacity.

  5. This will help Reliance Power repay Rs. 835 crore worth of debt.

  6. Reliance Power is also the equipment provider for the project.

  7. It will relocate the equipment from AP’s Samalkot power plant to Bangladesh.

  8. It plans to use funds paid for the equipment for repayment of debt worth Rs. 835 crore.

  9. Stock markets have reacted positively to the news with Reliance Power shares jumping 11% in intraday trading.

  10. The project would be developed on a build-operated-transfer model.

  11. The project is likely to cost around Rs. 5,430 crore or $750 million.

  12. This landmark project represents India’s largest Foreign Direct Investment in Bangladesh.

  13. Reliance Power’s foray will strengthen the energy ties between India and Bangladesh.

More Related