Which bank has signed USD 200 mn financing deal with Reliance Bangladesh LNG and Power Limited for 718 mw power plant in Bangladesh?

The Asian Development Bank (ADB) has signed a USD 200 million financing deal with the Reliance Bangladesh LNG and Power Limited (RBLPL) to build and operate a 718 megawatt combined-cycle gas-fired power plant in Bangladesh. The project will reduce the current energy deficit and lead to more private sector investment in the country’s electricity sector.