Dhaka, Feb. 15 -- The final deal with Indian Reliance Group is finally going to be signed for its proposed LNG-based 750 MW power plant as the Power Division has recently received clearance from the ministries of Law and Finance for the agreement, official sources said.

Officials said it has almost been four years since Indian Reliance Group signed a Memorandum of Understanding (MoU) for making an investment worth $3 billion in power and energy sector of Bangladesh.

Four years down the line, Reliance is yet to roll out the investment as it could not sign any final deal with the government.

"The Ministry of Law and the National Board of Revenue (NBR) raised some issues over the insurance of the project while giving their vetting. But th...