Energy Holdings International, GE partner on 450 MW Bangladesh power plant
The project will use combined cycle natural gas turbines to generate power
Energy Holdings International Inc. will use the LMS 100 natural gas turbine for its two 225 MW Power projects in Bangladesh and agreed with GE Capital Markets to become its equity partner for 20 percent of the project.
The project will use combined cycle natural gas turbines to generate power. The Bangladesh project will be built in two phases with one plant being built at Bibiyana and the second site at Frenchugauj or a site accessible to the power grid.
The engineering, procurement and construction (EPC) company has also been selected and the EPC contractor will also have a 20 percent equity position in the nearly $400 million project.