Sembcorp North-West Power Company Ltd, the joint venture of Sembcorp Utilities of Singapore and Bangladesh's state owned North-West Power Generation Company Ltd, will build a dual fuel power plant named Sirajganj 414 MW Dual Fuel Combined Cycle Power Plant (Unit-4) in Sirajganj. Sembcorp will own 71 percent stake in the project while North-West Power Generation Company Ltd. will hold the rest. Implementation, Power Purchase, Land Lease, Gas Supply and Fuel Supply Agreements for the said plant were signed between different entities on 08-08-2016 at Pan Pacific Sonargaon, Dhaka. The Plant will cost 412.50 million. This will be the first public-private partnership project with a foreign investor in the power sector in Bangladesh. On the day Hon’ble State Minister for Power, Energy & Mineral Resources, Secretary for Power Division, Ministry of Power, Energy Mineral Resources, Consul General of the Singapore Embassy in Bangladesh, Managing Director of North-West Power Generation Company and many other high officials from power & energy sector were present.