• India and Bangladesh signed an agreement for constructing a 1,320 MW power plant in Bangladesh.
  • Bangladesh's Power Development Board (PDB) signed the deal with India's state-owned NTPC for the construction of the power plant in Bagerhat, around 180 km from Dhaka.
  • The plant will be constructed by 2015, Xinhua reported.
  • PDB chairman A.S.M. Alamgir Kabir signed the agreement with NTPC chairman Arup Roy Chowdhury.
  • Both countries will have an equal partnership in the plant.
  • The partnership deal comes as part of the Bangladesh government's efforts to boost power generation to 15,000 megawatts by 2016 to improve the country's nagging electricty situation.
  • The Asian Development Bank last year said Bangladesh was facing a large gap between electricity supply and demand, estimated at over 1,200 megawatts a day.