Reliance Power, Adani in $4.5bn power play in Bangladesh.

Bangladesh recently saw power play by leading Indian business houses on the sidelines of PM Narendra Modi's visit, with Anil Ambani's Reliance Power and Adani Power committing an estimated combined investment of $4.5 billion for setting up power stations in that country.

Reliance Power said it has signed a deal with Bangladesh Power Development Board for setting up a 3,000 mw liquid gas-fired plant and a floating terminal for importing gas in ships to power the unit at a total investment of $3 billion.

This would be the single-largest foreign investment for Bangladesh.

TOI