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...