Dhaka, Oct. 8 -- Concessional Loans (SCNCL) is set to consider proposals for obtaining $3.3 billion in non-concessional loans from the Asian Development Bank (ADB) and the International Islamic Trade Finance Corporation (ITFC) to finance a power distribution project and fuel imports.

The proposals have been placed before the 46th meeting of the SCNCL, with one being a new proposal and the other seeking ex-post facto approval, according to Economic Relations Division (ERD) sources.

Finance Minister Amir Khosru Mahmud Chowdhury chaired the meeting held at the Secretariat on Wednesday.

Under the first proposal, Bangladesh Rural Electrification Board (BREB) will seek a $200 million loan from ADB to finance the Power Distribution Network En...