ANNOUNCEMENT 31 Dec 2016

In December 2016, the German Export Crediting Agency announced its support of an export project concerning the delivery of a gas turbine and a generator, as well as spare parts for a 225 MW GuD power station (combined cycle power plant) to Bangladesh.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 31 Dec 2016 | Removal date: open ended

Trade finance

The export loan was announced in December 2016 and finances the delivery of a gas turbine and a generator, as well as spare parts for a 225 MW GuD power station (combined cycle power plant) ('Lieferung einer Gasturbine und eines Generators sowie von Ersatzteilen f?r ein 225 MW GuD-Kraftwerk (Combined Cycle Power Plant)') to Bangladesh. The benefitting German exporter is an unidentified producer.

The German Eximbank only publishes value ranges for the projects it finances. The present project is in category 2. This category includes projects with a financing value between 16 and 50 million EUR. The GTA assumes the lower bound amount of the respective category, in this case 16 million EUR (17 million USD), as the conservative estimate of the project value.

The maturity of the loan will be 12 years. The financing institution is Deutsche Pfandbriefbank AG, Eschborn.

AFFECTED SECTORS

 

AFFECTED PRODUCTS