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ABB AS Utilities Division,

  • Oslo, has signed a contract with Bangladesh Power Development Board. The project will upgrade, replace and expand the electricity grid including the transformer stations. This will give the grid stability and enable it to supply all the subscribers with electricity.

    System errors and low voltage and loss have been recurring problems. Condenser-batteries will now be installed in order to solve the problem of low voltage. The contract amount is around Nkr50mn. The contract is financed 100% by a cash grant and a loan from Eksportfinans. Norad is responsible for the grant.