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Abul Khair Steel & Power Ltd. has large flat and long steel manufacturing plants in Chittagong, drawing massive power from the mains grid. As the grid is not reliable for its connectivity or quality of the power, AKSPL has taken upon itself to construct captive power plants of their own to support the smooth operation of steel manufacturing units. Under this effort, the company plans to add another 75 MW captive gas-fired power plant in its existing premise as an extension to the already running 24 MW power plant of the same nature. In order to do this, AKSPL has sought funding from Export Credit Norway.
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