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Power Grid Financial Performance

Sector: Power Generation (CCGT) • Location: Bangladesh

Source: The Financial Express | First Financial Daily of Bangladesh

Project
Under Construction

The Power Grid Company of Bangladesh has reported losses for the second consecutive year due to a significant foreign exchange conversion loss, despite an increase in revenue. The company is burdened with a large amount of foreign loans taken for development projects, which are required to be repaid in dollars.

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Project Information

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The project “Power Grid Financial Performance” is an infrastructure initiative in the Power Generation (CCGT) sector, located in Bangladesh. Taiyo aggregates data on it from The Financial Express | First Financial Daily of Bangladesh.

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Participants

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Status

Original status

Under Construction

Taiyo status

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Email

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Description

Description

The Power Grid Company of Bangladesh has reported losses for the second consecutive year due to a significant foreign exchange conversion loss, despite an increase in revenue. The company is burdened with a large amount of foreign loans taken for development projects, which are required to be repaid in dollars.

Original sub-sector

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Original Currency

USD

Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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