The state-owned Power Grid Company of Bangladesh (PGCB) signed a Tk 164 crore deal with a Korean company to upgrade the Aminbazar grid sub-station with a view to improving the power supply situation from Payra of Patuakhali to Aminbazar in Dhaka.
PGCB company secretary Md Ashraf Hossain and Hyosung Corporation team manager Eun Sung Lee signed a deal in this regard on behalf of their respective organisations at PGCB office on Sunday.
Under the project, the PGCB will convert the Aminbazar 230/132kV grid sub-station into a 400/230 kV one in order to strengthen its capacity.
Upgrading of the grid sub-station will help supply of electricity from 1,320MW and 3,000MW Payra power plants and 1,320MW Rampal power plant through Gopalganj.
The project will also help improve capacity to supply electricity at 400 kV gridline at Meghnaghat.
Under the deal, the Korean firm Hyosung Corporation will complete the project on turn-key basis.
The signing programme was attended, among others, by PGCB Executive Director (O&M) Md Emdadul Islam, Chief Engineer (P&D) Pranab Kumar Roy, Chief Engineer (Project Monitoring) Arun Kumar Shah, Superintendent Engineer Abdur Rashid Khan and General Manager Abul Khair.