Tuesday
December 3
2024

ADB Partners With MSEL To Build 20-MW Solar Power Plant In Bangladesh

The Asian Development Bank (ADB) has provided $24.3 million in financing to Muktagacha Solartech Energy Limited (MSEL) to build a solar power plant in Mymensingh, Bangladesh. This project involves setting up a 20-megawatt (MW) grid-connected solar photovoltaic facility. ADB played a key role in the project as the sole lead arranger, managing and structuring the financing package.

Photo courtesy of andreas160578.

Source: SolarQuarter (link opens in a new window)

Categories
Energy, Technology
Tags
energy access, lending, renewable energy, solar