Energy Holdings, BPBD sign MOU to develop 450MW power plant in Bangladesh

Source: Energy Holdings International, Inc. 

Energy Holdings International, Inc. (EHII) through its wholly owned subsidiary Advance Energy has signed a memorandum of Understanding (MOU) with the Bangladesh Power development Board (BPDB) to develop a 200 MW single cycle electrical power generation plant with a future expansion of up to a 450 MW combined cycle facility in the country of Bangladesh. 

Technical expertise for the project is being provided to EHII by Parsons Brinkerhoff, one of the world's leading planning, engineering and construction management companies, with the initial development phase being recently completed in Bangladesh by representatives of Parsons Brinkerhoff and EHII which included the Power Purchase Agreement terms as well as other required related project issues. 

EHII is currently in a dialog with a number of engineering, procurement and construction contractors who will complete the construction of the approximately US $400 million project with EHII being the Independent Power Producer and Parsons Brinkerhoff supplying the construction management and being the overall technical advisor. Parson Brinkerhoff along with the EHII delegation completed the site review and began the overall final evaluations of the project in June. 

About the company 

Energy Holdings International, Inc. is a U.S. based, American-Saudi Arabian company; focused on acquiring, developing and managing energy assets in the Middle East, Asia and the Americas.

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