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Bangladesh Power Plant Deal

DFDL Partner, Shahwar Nizam, acted for Sembcorp on the legal groundwork for a 414MW power plant, valued at USD 412m, being built in the district of Sirajganj. This is the first significant foreign power project undertaken in Bangladesh since the 1990s. These agreements took years of negotiation with various government agencies. Shahwar and his team helped the company to identify all applicable local regulations and assisted in the documentation to ensure that they were complied with and also that they meet the requirements of the international lenders and financing structure, which was the first non-recourse project finance since the 1990s.

DFDL Contact

Shahwar Nizam

Partner, DFDL Bangladesh