Sustainable power supply is a major precondition for the socio-economic development of Bangladesh. The Government has given top priority to the development of power sector considering its importance in overall development of the country. To this end, the government has set the goal of providing electricity to all citizens by 2020. In this regard, BPDB plans for installation of three coal based mega thermal power stations. One of the proposed power stations is Khulna 1320MW Coal based Power plant. The proposed thermal power plant will be a joint venture of BPDB and NTPC Ltd., India under
the name of Bangladesh-India Friendship Power Company. Accordingly, BPDB and NTPC have signed a Joint Venture Agreement on 29 January 2012.