POSCO E&C inks new pact to launch power plant in Bangladesh


(MENAFN) POSCO Engineering & Construction Co. has lately approved a 950 billion-won (US$832 million) agreement in order to generate a coal-fired power unit in Bangladesh.

The firm is estimated to create a 1,200 megawatt plant and related facilities on Matarbari Island, Chittagong, located 280 kilometers southeast of Dhaka.

The S. Korean POSCO revealed that it has been trying to reinforce its presence in fast developing Southeast Asian countries.

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