Business

Rules relaxed for financing coal-based power plants

coal-based power plants

Bangladesh Bank (BB) today relaxed its rule to facilitate lending for establishment of coal-based power plants and buy the dirty fuel to generate electricity.

The central bank said banks cannot lend more than 25 per cent of their paid-up capital according to the bank company law.

The upper limit will not be applicable for the next five years for financing to coal-fired power plants, the BB said in a notification.

But the central bank will determine the upper ceiling beyond 25 per cent for the next five years, said the notification.

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Rules relaxed for financing coal-based power plants

coal-based power plants

Bangladesh Bank (BB) today relaxed its rule to facilitate lending for establishment of coal-based power plants and buy the dirty fuel to generate electricity.

The central bank said banks cannot lend more than 25 per cent of their paid-up capital according to the bank company law.

The upper limit will not be applicable for the next five years for financing to coal-fired power plants, the BB said in a notification.

But the central bank will determine the upper ceiling beyond 25 per cent for the next five years, said the notification.

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বাণিজ্যযুদ্ধের মধ্যে ইউরোপ ও আসিয়ান দেশগুলোর সঙ্গে যোগাযোগ বাড়াচ্ছে চীন

এই দুটি অঞ্চলই এখন চীনের সবচেয়ে বড় বাণিজ্য অংশীদার। যুক্তরাষ্ট্রকে পাশ কাটিয়ে তাদের সঙ্গে আরও শক্তিশালী সম্পর্ক গড়ে তোলার চেষ্টা করছে বেইজিং।

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