Robi partners with FloSolar and GreenPower Asia to build 100 MW Solar Power Plant
Robi Axiata PLC. has signed a tripartite Memorandum of Understanding (MoU) with FloSolar Solutions Ltd. and GreenPower Asia to form a Special Purpose Vehicle (SPV) for the development and operation of a 100 MWp solar power park.Under the groundbreaking partnership, an initial shortlist of several sites has been designated, and the final site location will be decided after conducting a detailed feasibility study. Under the agreement, Robi will procure power according to the company’s requirements through a Corporate Power Purchase Agreement (CPPA), marking a transformative step in Bangladesh’s renewable energy landscape.This landmark initiative has been made possible by the government’s recent draft policy allowing Merchant Power Plants, enabling private entities to develop and sell...