The company has invested Tk 70 crore to manufacture different types of products including transformers at the plant located in Habiganj Industrial Park at Olipur under Sayestaganj upazila, Kamruzzaman Kamal, managing director of PRAN-RFL Group, told Dhaka Tribune. “Right now, about 80 per cent of the demand for transformers is met through domestic manufacturing. After meeting the demands, we have plans to export as our products meet international standards,” he added. STL will manufacture transformers using standard raw materials, modern machines, skilled manpower and modern testing technology, said Mostafizur Rahman Khan, its chief operating officer. “This kind of activity will play an important role to ensuring 100 percent electrification,” said Md Sirazul Islam, executive chairman of the Bangladesh Investment Development Authority (BIDA), while inaugurating the power transformer manufacturing plant recently.

Source: Dhaka Tribune February 06, 2021 18:33 UTC