The ministry of power, energy and mineral resources on Thursday decided to cancel the S Alam Group鈥檚 proposal for implementation of installation of Eastern Refinery Limited Unit-2.
According to a press release of the ministry, the proposed project for the installation of ERL Unit-2 by Eastern Refinery Limited under Bangladesh Petroleum Corporation has been decided to cancel.
It said that the implementation proposal was made under a public private joint venture agreement between BPC/ERL and S Alam Group.
The ministry also took decision to send a letter to the BPC to estimate the implementation cost of the proposed project in the Detail Project Proposal as per the updated rate of foreign exchange.
