PM Narendra Modi, his Bangladesh counterpart Sheikh Hasina to jointly inaugurate 3 Indian-assisted development projects virtually today

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Nov 1 ‘2023

Prime Minister Narendra Modi and his Bangladesh counterpart Sheikh Hasina will jointly inaugurate three Indian-assisted development projects today at around 11 a.m. via video conferencing. The three projects are the Akhaura-Agartala Cross-Border Rail Link; Khulna-Mongla Port Rail Line; and Unit-II of the Maitree Super Thermal Power Plant.

The Akhaura-Agartala Cross-Border Rail Link project has been executed under the Government of India grant assistance of 392.52 crore rupees extended to Bangladesh. The length of the rail link is 12.24 km with a 6.78 km Dual Gauge rail line in Bangladesh and 5.46 km in Tripura.

The Khulna-Mongla Port Rail Line Project has been implemented under the Government of India’s concessional Line of Credit with a total project cost of 388.92 million US dollars. The project entails the construction of approximately 65 km of broad gauge rail route between Mongla Port and the existing rail network in Khulna. With this, Mongla, the second largest port of Bangladesh, gets connected with the broad-gauge railway network.

The Maitree Super Thermal Power Project, under an Indian Concessional Financing Scheme loan of 1.6 billion US dollars, is a 1320 MW Super Thermal Power Plant located in Rampal in Khulna Division of Bangladesh. The project has been implemented by the Bangladesh-India Friendship Power Company Limited which is a 50:50 Joint Venture company between India’s NTPC Ltd and Bangladesh Power Development Board. These projects will strengthen connectivity and energy security in the region.