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Sri Lanka’s Aitken Spence building 200MW power plants in Bangladesh

Nov 15, 2012 (LBO) - Sri Lanka's Aitken Spence group, which has interests in tourism, logistics and power generation said it will build two oil fired power plants totaling 200 MegaWatts in Bangladesh.
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In Sri Lanka the firm said it had connected a wind and hydro plant to the national grid.

Earlier the group had said it was building a 2.


5 MW hydro power plant in Matale and a 3MW win plant in Ambewela, both in central Sri Lanka.

It was also awaiting approval for a 10Mw waste-to-energy project which will use solid waste collected by local authority in Sri Lanka's capital Colombo.

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Ace Power runs a 100 MegaWatt thermal plant in Embilipitya. Aitken Spence also owns two 24MW oil powered plants in Sri Lanka.

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The the power purchase agreement for one has expired.
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Update II

The firm said in a statement accompanying its quarterly results that it had won two tenders for power generation in Bangladesh.

Aitken Spence Power initially won a contract to set up a 150MW plant in Bangladesh.

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Bangladesh' Daily Sun newspaper later reported that a consortium led by Aitken Spence were among three investors selected to build a 50MW power plant at Bhairab in Kishoreganj district

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