Bangladesh, India sign Rampal power plant construction agreement

Bangladesh and India has signed a landmark deal for the construction of a 1,320 megawatt coal fired power plant, the biggest project under bilateral cooperation that would mark the transition from electricity export to generation level.

Bangladesh-India Friendship Power Company (Pvt) Limited (BIFPCL), the joint venture enterprise inked the deal with Bharat Heavy ElectricalsBSE 3.62 % Limited (BHEL), which was selected under an open international tender for constructing the super thermal plant at Bangladesh’s southwestern Rampal near the Sundarbans. India’s Exim Bank will provide $1.49 billion for the project, scheduled to start generating power in 2019. 

So let’s do:
1. Expand the term BIFPCL?
2. Name the country, which has signed a landmark deal for the construction of a 1,320 megawatt coal fired power plant with India?

Source – The Economics Times

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