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Energy and Power
Energy and Power
Qatar-based Nebras Power Investment Management (NPIM) has acquired 24 percent share of Unique Meghnaghat Power Limited, a private power plant in Bangladesh. The NPIM bought the shares from Unique Hotels and Resorts Limited (UHRL) and Strategic Finance Limited (SFL), says a report. The UHRL, SFL and General Electric (GE) jointly own the remaining 76 percent of the project. No financial details have been released about the deal. Chowdhury Nafeez Sarafat, Bangladesh’s one of top businessmen, is the Managing Director (MD) of Unique Meghnaghat Power Limited (UMPL). Unique Meghnaghat is constructing…